A last-minute legislative amendment in Bulgaria is raising serious concerns among financial experts, as it could put up to one million citizens at risk of falling into a debt spiral. The change restricts financial institutions registered with the Bulgarian National Bank from fully assessing the creditworthiness of their clients, potentially leading to lending and leasing…
Home prices in Estonia rose by 5.2% YoY in 2025, the Statistics Estonia reported. The house price index (HPI), which increased rapidly in 2021 and 2022, continued to rise in the last three years, but at a more modest rate ranging from 5.2% to 6.1%, said Mart Umbleja, leading analyst at Statistics Estonia. In 2025,…
The Giraite Armament Plant, the Baltic States’ only ammunition manufacturer, has achieved full production autonomy after installing new equipment for bullet production. The upgrades include military and sniper bullet presses as well as lead core forming equipment, allowing the plant to produce all components in-house. “We will no longer need to purchase bullets externally, which…
The Cabinet of Ministers of Ukraine has approved the allocation of a subsidy from the state budget to local budgets for the implementation of projects to construct shelters in educational institutions. This includes military lyceums, lyceums with enhanced military and physical training, as well as general secondary education institutions located in communities with a high…
In 2025, Russians reduced their purchases of clothes and shoes in stores: sales fell by 11% compared to the previous year. This follows from the data of the company “Platform OFD”, which cites “Izvestia”. At the same time, the average check increased by 5% — to 2,988 rubles. The latter happened due to a 10–15%…
In Russia, more than 800 companies have been transferred to state ownership through courts , reported the head of Rosimushchestvo, Vadim Yakovnenko, at a departmental board meeting. “According to my recollection, about 805 companies have been transferred to the state’s ownership,” he said. According to him, the number of such assets is increasing every day.…
During one week, five Russian passenger planes had engine failures right during flights. This was reported by the specialized channel “Aviatorstina”. Thus, on March 16, a Sukhoi Superjet 100 of the “Russia” airline, flying from Moscow to St. Petersburg, returned to Sheremetyevo due to increased vibration of the second engine. Earlier, on March 13, the…