The Kyiv Investment Forum 2025 is planned to be held in Berlin in October-November. As reported by the First Deputy Head of the Kyiv City State Administration Mykola Povoroznyk, Kyiv and Berlin have concluded a memorandum on this. According to him, holding the Kyiv Investment Forum in Berlin symbolically emphasizes Germany’s solidarity with Ukraine, its…
In the fourth quarter of 2024, Bulgaria was one of the three EU countries with the lowest job vacancy rate, standing at just 0.7%. Alongside Bulgaria, Poland and Romania reported the same low rate. This figure is in line with the overall EU job vacancy rate, which remained steady at 2.3% compared to the previous…
Bulgaria has seen a record influx of workers from non-EU countries in recent years, yet the demand for labor in various industries remains unmet. Since the start of the year, 4,202 third-country nationals have been registered for seasonal employment alone, already making up 40% of all seasonal workers recorded for the entire year of 2024.…
Restaurant and hotel industry representatives in Bulgaria are escalating their protests against the planned increase in VAT for the sector, warning of rising prices, business closures and a return to the gray economy. They argue that while European countries are reducing VAT rates to support the hospitality industry, Bulgaria is moving in the opposite direction,…
In February, Bulgaria’s annual inflation rate rose to 4%, up from 3.8% in January, marking the highest level since December 2023. On a monthly basis, the inflation index increased by 0.6%, a rise compared to January’s 2% increase, according to data from the National Statistical Institute. The average annual inflation for the period from March…
Prime Minister of Ukraine Denys Shmyhal and Austrian Federal Minister for European and International Affairs Beate Meinl-Reisinger discussed the expansion of economic partnership, support for European integration and humanitarian aid. The meeting took place on March 14 in Kyiv. According to the Head of the Ukrainian Government, Austria supports the European aspirations of Ukraine and…
The Bulgarian National Bank (BNB) has launched an auction to sell scrap Bulgarian coins after the country adopts the euro. The central bank expects to gather a total of about 7,744,450 kg of coins, with 52,143 kg currently in its possession, while the remaining 7,692,307 kg will be made available once withdrawn from circulation. Under…