Bulgaria ranks at the bottom of the European Union when it comes to vacation habits, with a significantly lower percentage of people taking time off for holidays compared to other EU countries. In 2022, just over a quarter of Bulgarians took a vacation for personal reasons, placing them at the bottom of the list. Romania,…
Bulgaria’s economy is expected to experience modest growth in 2024, though it remains far below the levels seen in 2017. For 2025, businesses anticipate that economic indicators will either remain stagnant or worsen, according to the annual “2024 through the eyes of business” survey conducted by the Bulgarian Industrial Chamber (BIA) between November 5 and…
The Czech company Skoda JS, which is part of CEZ Group, has delivered eight new drives for reactors at Rivne Nuclear Power Plant (NPP). The leading European company completed delivery before Christmas, having supplied eight new drives for two VVER-440 reactors. “Due to repeated Russian attacks on energy infrastructure, we are only informing about the…
Russian missiles attacked DTEK thermal power plants across Ukraine in the early morning of December 25, seriously damaging equipment at a number of thermal power plant, DTEK Group reported this on Telegram. “Today, the Russian Federation carried out another massive terrorist attack on Ukraine’s energy infrastructure. DTEK thermal power plants were attacked,” it said. As…
Bulgarians are currently divided on the issue of joining the eurozone, with 46% in favor and an equal 46% against, according to the latest “Standard Eurobarometer” report for Bulgaria, which surveyed citizens between October 11 and November 1. This marks a 9-point increase in support for the eurozone compared to previous data. Despite this growing…
In the third quarter of 2024, housing prices in Bulgaria saw a notable rise of 16.5% compared to the same period last year, according to the National Statistical Institute. When compared to the previous quarter, the increase was slightly below 4%, with the largest price jumps occurring in Sofia and Varna, where prices surged by…
The European Union has allocated EUR 150 million as a grant to Ukraine’s State Budget Special Fund. This funding marks the second tranche under the Financing Agreement between Ukraine and the EU “Support to Ukraine’s fast recovery”, which has a total allocation of EUR 300 million. Ukraine received the first tranche of EUR 150 million…