Bulgaria’s economy is expected to experience modest growth in 2024, though it remains far below the levels seen in 2017. For 2025, businesses anticipate that economic indicators will either remain stagnant or worsen, according to the annual “2024 through the eyes of business” survey conducted by the Bulgarian Industrial Chamber (BIA) between November 5 and…
Bulgarians are currently divided on the issue of joining the eurozone, with 46% in favor and an equal 46% against, according to the latest “Standard Eurobarometer” report for Bulgaria, which surveyed citizens between October 11 and November 1. This marks a 9-point increase in support for the eurozone compared to previous data. Despite this growing…
In the third quarter of 2024, housing prices in Bulgaria saw a notable rise of 16.5% compared to the same period last year, according to the National Statistical Institute. When compared to the previous quarter, the increase was slightly below 4%, with the largest price jumps occurring in Sofia and Varna, where prices surged by…
The European Union has allocated EUR 150 million as a grant to Ukraine’s State Budget Special Fund. This funding marks the second tranche under the Financing Agreement between Ukraine and the EU “Support to Ukraine’s fast recovery”, which has a total allocation of EUR 300 million. Ukraine received the first tranche of EUR 150 million…
As of the close of the third quarter, preliminary data from the National Statistical Institute (NSI) indicated that there were approximately 17,600 job vacancies across Bulgaria. This marks a decrease of nearly 1,000 positions compared to the end of the second quarter. Recently, the Employment Agency highlighted that the most in-demand roles include caretakers, machine…
On December 19, the Ukrainian State Property Fund sold the nationalized enterprise, Aeroc LLC, through privatization auction for UAH 1.89 billion. The relevant statement was made by the Ukrainian State Property Fund on Facebook. “Today, an online large privatization auction for the sale of the state-owned share in the amount of 100% in the authorized…
An illegal tobacco factory has been uncovered in Latvia after a large shipment of smuggled cigarettes was intercepted in Lithuania in October, the Customs Criminal Service said on December 20. On October 18, the service’s officers in Klaipeda seized nearly half a million packs of illicit cigarettes. Valued at around 3 million euros, the cigarettes…