Bulgaria: winter resort businesses fail to issue proper receipts

BulgariaBy admin 2025-01-07 Leave a comment

During recent inspections in Bulgaria’s winter resorts, tax authorities uncovered several establishments failing to issue proper sales receipts. The National Revenue Agency (NRA) conducted checks across popular tourist destinations, including Bansko, Razlog, Dobrinishte, Banya, Borovets, Smolyan and Pamporovo, identifying 28 businesses that were not fully compliant with reporting regulations. Among the violations found were discrepancies…

Ukraine: government will allocate UAH 1.6 billion to purchase 460 school buses

UkraineBy admin 2025-01-07 Leave a comment

The state budget for 2025 provides UAH 1.6 billion for the purchase of school buses to maximise the number of children attending full-time education facilities, especially in rural areas. Thus, the Government has recently approved the distribution of the state budget subvention to local budgets for the purchase of school buses in 2025 among the…

Ukraine: IAEA detects explosions near Zaporizhzhia NPP

UkraineBy admin 2025-01-07 Leave a comment

On January 5, the IAEA staff present on the occupied territory of Zaporizhzhia NPP recorded two loud explosions near the plant amid reports of a drone attack on the training center of the plant. This was reported in a statement by the IAEA Director General on the situation in Ukraine. “Staff of the International Atomic…

Bulgaria: banking sector faces increased costs as non-performing loans surge

BulgariaBy admin 2025-01-07 Leave a comment

Bulgaria’s banking sector is bracing for an increase in non-performing loans (NPLs), as the cost of covering potential bad debts has nearly doubled in 2024. According to the Bulgarian National Bank (BNB), the provisions for impairment of financial assets reached 578 million leva as of the end of November 2024, a significant rise compared to…

Baltic States: Vilnius launches train route to Tallinn with transfers

BalticsBy admin 2025-01-07 Leave a comment

A new train route between Vilnius and Tallinn was launched on January 6, extending the Vilnius-Riga service that had been running for over a year now. Rail operators from the three Baltic countries – LTG Link, Vivi and Elron – have aligned their train schedules to make it possible for passengers to travel from Vilnius…

Bulgaria: country removes border check requirements for parents traveling with children to Greece

BulgariaBy admin 2025-01-07 Leave a comment

Starting from January 1, travelers with children no longer need to provide declarations of consent from absent parents when crossing into Greece and Romania, as announced by Chief Commissioner Anton Zlatanov, Director of the Border Police. This change applies to travel to these two countries, following the removal of land border checks between Bulgaria, Romania…

Ukraine: general fund of state budget receives almost UAH 2.2 trillion in 2024

UkraineBy admin 2025-01-07 Leave a comment

According to the State Treasury Service, the general fund of the state budget received UAH 2,177 billion in 2024. Among the payments controlled by the tax and customs authorities, the following main revenues were received: – UAH 466.1 billion – value added tax on goods imported into the customs territory of Ukraine; – UAH 271.1…

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