The decision to buy or rent property in Bulgaria’s major cities, particularly Sofia, is influenced by various factors, with real estate experts suggesting that buying remains more advantageous than renting in the long term. Mortgage payments for purchasing an apartment in Sofia are typically similar to monthly rent, making homeownership an attractive option, especially in…
In Ukraine’s 2025 state budget over 2.2 trillion hryvnias, equivalent to 26.3% of GDP, has been earmarked for security and defense forces, the National Security and Defense Council (NSDC) of Ukraine has said on Facebook. “President of Ukraine Volodymyr Zelensky has signed the Law of Ukraine “On the State Budget of Ukraine for 2025″, passed…
In January-August, the enterprises relocated to the Poltava region paid more than UAH 9 million in taxes to the consolidated budget, Filip Pronin, the head of the Poltava Regional Military Administration, said. “The relocated enterprises operate in various fields: trade, IT, catering, creative industry, construction and agricultural production. In January-August, these companies paid more than…
Since the beginning of the year, 343 objects worth about UAH 3 billion have been privatized in Ukraine. These figures were provided by Minister of the Cabinet of Ministers Oleh Nemchinov. “The State Property Fund, as a specialized body of executive state power, informed the Cabinet of Ministers that as of now, these were 343…
The Ministry of Finance has announced plans to conduct a study analyzing the attitudes, expectations, and challenges faced by citizens and businesses in relation to Bulgaria’s transition to the eurozone. A public procurement valued at 400,000 leva, excluding VAT, has been launched for this purpose. The study aims to provide clear and accessible information to…
Bulgaria is on track to meet the final requirement for eurozone membership, with expectations to fulfill the price stability criterion until the end of 2024. This development was announced by Deputy Prime Minister and Minister of Finance Lyudmila Petkova at the opening of the 10th-anniversary international scientific conference “Digital Transformation and Economic Recovery in the…
On November 22, the Government approved the regular allocation of additional subsidies for local budgets. Local budgets will receive UAH 796.9 million to support local governments in the de-occupied, temporarily occupied and other regions affected by russian aggression. The financial resource is distributed between the regional budget of Sumy region and 171 budgets of territorial…