The real estate market in Bulgaria in the first half of 2025 continues to evolve, with Sofia maintaining its status as the country’s most expensive city for property purchases. However, regional centers such as Varna, Plovdiv, Burgas and notably Ruse are showing the most significant growth in prices and buyer interest. Sofia leads in pricing,…
Prime Minister Denys Shmyhal chaired a meeting in Donetsk region to discuss topical issues of the region and areas of support. The event included government officials and the head of the regional military administration (RMA). An important topic raised was the issue of fortifications and the needs of the military. Officials considered the possibility of…
How will Bulgaria’s property market evolve after the switch to the euro? This question concerns homeowners, investors and prospective buyers alike. Typically, euro adoption triggers a surge in demand and price growth, attracting foreign investment. Yet, the currency change’s impact cannot be viewed in isolation; broader economic conditions and interest rate policies are crucial factors.…
On June 30, Slovak travel agency HappyTravel.sk was still selling holiday packages to Egypt and Turkey. Just one day later, on July 1, the company declared insolvency, meaning it could no longer meet its financial obligations. Roman Berkes, CEO of HappyTravel.sk, also stepped down as president of the Slovak Association of Travel Agencies and Tour…
Bulgaria ranks fifth in Europe for tourism growth, a fact highlighted by the country’s Minister of Tourism. Early booking data indicates a strong summer season ahead, reflecting the sector’s continuing expansion. In a separate but related positive note, the European Union’s Environment Agency has recently ranked Bulgarian seawater as the second cleanest in Europe. This…
In June, the Government ensured a timely payment of almost UAH 68 billion in pensions and UAH 1.2 billion in housing subsidies and benefits. The Prime Minister of Ukraine Denys Shmyhal announced this during a meeting of the Cabinet of Ministers on July 2. “Thanks to international support and the trust in Ukraine by our…
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University is set to embark on a new chapter through a collaborative programme with the Artificial Intelligence Laboratory at the Massachusetts Institute of Technology (MIT). The official launch of the joint initiative will be held on July 2 at INSAIT’s base in Synergy…