According to the latest Eurostat figures, Bulgaria has emerged as one of the top five EU countries in terms of growth in tourist overnight stays in the second quarter of 2024. This period shows a marked increase compared to the same timeframe in 2023, underscoring Bulgaria’s appeal to both domestic and international visitors. During this…
The first large privatization auction has been completed in the Prozorro.Sale system, selling Kyiv-based Ukraine Hotel for UAH 2.5 billion. The auction results were published on the website of Prozorro.Sale JSC. On September 18, the first auction was held as part of large privatization. Four-star Ukraine Hotel, situated in downtown Kyiv, was offered for sale.…
As of September 10, late grains, legumes and corn were harvested on an area of 470,100 hectares, or 62% of the forecast, and 2 million tons of grain were harvested in Kirovohrad region, Valeria Furmanova, Director of the Department of Agricultural Development of the Kirovohrad Regional State Administration, reported. “Farms in the region started harvesting…
The Bulgarian tourism industry faces significant challenges due to delays in processing both work and tourist visas for individuals from third countries. The situation has particularly impacted the tourism and construction sectors, with other industries also struggling to manage visa applications. The issue intensified following the COVID-19 pandemic, which saw a shift in the workforce,…
Lithuania is planning to provide another 40-50 million euros in military aid to Ukraine this year, Defence Minister Laurynas Kasciunas has said. According to the minister, Lithuania has already provided 153 million euros in aid to Ukraine this year. Lithuania also plans to contribute 10 million euros to the production of the Palanytsia rocket drone…
The Bulgarian government has decided to extend compensation for high electricity costs to all non-household consumers by the end of the year, following a change in the compensation program. The measure, requiring over 500 million leva (250 million euros), has been approved by the European Commission. According to the Minister of Energy, approximately 549 million…
On September 17, the Verkhovna Rada of Ukraine supported in the first reading the Government’s draft law No. 11520 on a new version of the Law on Public Procurement. 289 MPs voted in favour. This document brings Ukraine’s legislation closer to EU standards and improves the public procurement process in the context of the country’s…