Estonian retail trade enterprises’ turnover totaled EUR 10.4 billion in 2024 – falling by 3% YoY, according to preliminary data from Statistics Estonia. The biggest decline of 4% was registered in the turnover volume of stores selling manufactured goods, Statistics Estonia analyst Johanna Linda Pihlak said according to a press release. In supermarkets, the volume…
For now, the transition to the euro in Bulgaria is set for January 1, 2026, but the decision must be made in time – until the end of the first half of this year – so that businesses can prepare smoothly. If deadlines are too short, the system could face difficulties, costs for essential services…
The Minister of Energy of Ukraine German Galushchenko met with the Ambassador Extraordinary and Plenipotentiary of the United Kingdom to Ukraine Martin Harris. The parties discussed areas of cooperation to help the Ukrainian energy sector in the face of constant russian attacks on Ukrainian energy infrastructure. German Galushchenko briefed the Ambassador on the emergency repair…
Minister of Energy Herman Halushchenko reported to President Volodymyr Zelensky on the work of the Ukrainian power system. The head of state said this in a video message. “There was a report of the Minister of Energy today. It was about the work of our power system – its restoration and development. I am grateful…
Former Finance Minister Simeon Dyankov has warned that Bulgaria’s budgetary situation remains strained, predicting that the deficit in 2025 will exceed the 3% threshold. In an interview with BNT, he stated that the current deficit was between 5% and 6%, and reducing it by half to meet the Maastricht criteria would be extremely difficult. According…
In recent months, sales of residential properties in Bulgaria’s major cities have risen sharply. The demand for housing continues to outstrip supply, leading to a steady increase in prices. According to Eng. Georgi Shopov, chairman of the National Association of Construction Entrepreneurs, this trend is driven by two fundamental factors: housing is a basic necessity,…
While on an official visit to the Republic of Croatia, Prime Minister of Ukraine Denys Shmyhal met with representatives of Croatian businesses, thanked them for their assistance in defence and called on them to join projects to restore the country. “Today, Ukraine is a country of opportunities for private capital,” the Prime Minister stressed and…