Bulgarian businesses are actively recruiting students to fill seasonal positions for the upcoming summer, offering earnings ranging from 4,000 to 6,000 leva. According to a report by “Telegraph”, restaurants, hotels and retail stores are the main employers seeking young workers, particularly in the country’s coastal resorts. Although the highest concentration of job opportunities is along…
A recent study conducted by the Bulgarian Stock Exchange (BSE) reveals that 60% of publicly listed companies in Bulgaria have women in their governing bodies. However, only 3% are entirely led by women, and 14% have female CEOs. The survey, which covered over 300 companies traded on the exchange, highlighted a gradual but consistent increase…
According to the results of 2024, more than 17 thousand people in Ukraine declared incomes of more than 1 million hryvnia, 6.6 thousand people more than in the previous period. This was reported by the Chairman of the State Tax Service of Ukraine Ruslan Kravchenko. According to him, in total, millionaires declared income in the…
First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko and Secretary General of the European Mortgage Federation – European Covered Bond Council (EMF-ECBC) Luca Bertalot have signed a Letter of Intent to establish an Advisory Council on the development of housing financing in Ukraine. The signing of the Letter of Intent was…
Bulgaria is approaching the final stages of preparation for transitioning card payments from the national currency, the lev, to the euro. In recent years, the Bulgarian National Bank (BNB) and financial institutions have emphasized their readiness, creating the impression that the transition would be instantaneous. However, the actual process involves years of planning and coordinated…
The World Bank has revised down its forecast for Bulgaria’s economic growth in 2025, citing a broader global economic slowdown. In its latest report, “Accelerating Growth through Entrepreneurship, Technology and Innovation”, the World Bank predicts global economic growth to decelerate to an average of 2.3% in 2025-2026, down from 2.6% in 2024. This is primarily…
The Government has decided to allocate UAH 540 million in subventions to the regions to modernize vocational education institutions. This was announced by Prime Minister of Ukraine Denys Shmyhal during a session of the Cabinet of Ministers on May 2. “We are talking about modernizing laboratories of vocational and professional higher education institutions, as well…