The European Bank for Reconstruction and Development (EBRD) has partnered with UniCredit Bulbank to support the growth and sustainability of Healthy Bars, a leading Bulgarian protein bar producer. As part of this partnership, the EBRD will share the risk on a EUR 14.8-million senior secured loan provided by UniCredit Bulbank to the company. Through an…
If Bulgaria adopts the euro in July 2025, property prices are expected to rise further, according to Yavor Peychev, executive director of the real estate agency “Imoteka”. He predicts that finding buyers for properties priced higher than the market value will become more challenging. While sellers have dominated the market in recent years, taking advantage…
At the end of 2024, Ukraine’s gross domestic product (GDP) is expected to increase by 4%, of which 0.64% has been provided by the “Made in Ukraine” economic policy. The relevant statement was made by the Economy Ministry. “In the overall growth of 4% this year, 0.64% (i.e. over UAH 88 billion) has been provided…
Bulgaria ranks at the bottom of the European Union when it comes to vacation habits, with a significantly lower percentage of people taking time off for holidays compared to other EU countries. In 2022, just over a quarter of Bulgarians took a vacation for personal reasons, placing them at the bottom of the list. Romania,…
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…