In August, 733,000 Bulgarians stayed at hotels, motels and campsites within the country, while another 500,000 traveled abroad during the same period, according to the National Statistical Institute’s (NSI) report on tourism and accommodation revenues for the peak holiday month of the year. The number of domestic tourists this August was higher compared to the…
A living wage, or the minimum income required to cover a person’s basic needs and maintain a decent standard of living, is EUR 1,621 gross in Tallinn and Harju County in 2024, according to Figure Baltic Advisory, the leading labor market research and consultancy firm in the Baltic region. In Vilnius, the highest living wage…
Bulgaria remains the EU’s poorest country, with a minimum wage that feels out of reach compared to central European standards. While a minimum wage above 1,500 euros may seem unrealistic for many Bulgarians, in the heart of Europe these figures are quite common. Across the EU, minimum wages range from 477 euros per month in…
The United States Agency for International Development (USAID) announced the expansion of the Agriculture Resilience Initiative-Ukraine (AGRI-Ukraine), attracting nearly $1.75 billion in additional investments for Ukraine’s agricultural sector through nine new partners from the private sector, international financial institutions and other donors. The new partners include Astarta, Best Leasing, Credit Agricole Bank, the U.S. International…
On October 9, Minister of Finance of Ukraine Sergii Marchenko met with Minister of Economy and Finance of Italy Giancarlo Giorgetti. The meeting was held in the framework of the meeting of the Steering Committee of the Ukraine Donor Platform in Rome, Italy. The parties summarised the results of the 11th meeting of the Ukraine…
Bulgarian farmers impacted by the import of agricultural crops from Ukraine are set to receive 200 million leva in compensation, as part of the government’s allocation from the so-called “Ukrainian aid” package. The remaining 125 million leva of the agreed funds will be discussed in a meeting at the Ministry of Finance with Deputy Prime…
The Poprad-Tatry Airport has surpassed the 100,000-passenger mark, making 2024 the most successful year in the last 50 years. According to chairman of the board Patrik Frantiska, 20,000 more passengers are expected until the end of the year. So far, the most successful year was 1976 when, when as part of Czechoslovakia, the airport dispatched…