eMAG Bulgaria has introduced dual currency price display on its platform, allowing customers to see prices in both euros and Bulgarian levs. The change, aimed at improving transparency and convenience, applies across all product pages, shopping carts, and final order summaries. Prices are automatically converted based on the official exchange rate. The feature will soon…
Over the six months of online auctions under the Land Bank initiative, more than 20,000 hectares of state-owned land have been transferred for lawful use under transparent and competitive conditions. A total of UAH 584.9 million, including VAT, has been paid for the right to use state agricultural land within the framework of the project.…
During a meeting with entrepreneurs in Dnipro, President Volodymyr Zelensky emphasized that the Dnipropetrovsk region led Ukraine in terms of GDP contribution and other economic indicators. The head of state shared this on Telegram. “A meeting with entrepreneurs of the Dnipropetrovsk region. The Dnipropetrovsk region is number one in terms of contribution to Ukraine’s GDP…
Trump’s new tariff policy is set to have a significant impact on global trade, with nearly 90 countries affected by increased duties on imports into the United States. Among them, Bulgaria, Greece and Romania – as part of the European Union – will face a combined tariff rate of 30% on their exports, while non-EU…
Estonia has opted to develop its defense against ballistic missiles, likely meaning an investment of over 1 billion euros. The top contenders for procurement currently include air defense systems made by Israel, the U.S., including the Patriot system and the French-Italian consortium Eurosam. Defense Minister Hanno Pevkur (Reform) in September 2023 signed an agreement in…
Restaurants in Bulgaria have organized protests to demand a return to the 9% VAT rate for the tourism sector, despite the 2025 budget passing with a 20% VAT for the restaurant industry. The protests will include temporary closures of establishments, though not during peak hours, and are planned for April 7-9. The Bulgarian Hotel and…
Ukraine increased electricity imports in March by 11% compared to February, to 272,000 MWh. Hungary became the largest supplier, from which 42% of imported electricity came. The share of supplies also amounted to: 19% from Slovakia, 18% from Poland, 16% from Romania and the rest – from Moldova. The increase in imports was recorded in…