The holiday property market along Bulgaria’s Black Sea coast is experiencing a shift away from its previous dominance by Russian buyers, now attracting a blend of younger Bulgarian professionals and retired Europeans. According to a comprehensive report by BTA, half of the buyers for seaside apartments are Bulgarians under 30, primarily from the IT sector,…
In the first half of 2024, the general fund of local budgets received UAH 208.7 billion, up by UAH 40.4 billion YoY. The main revenues of the general fund of local budgets (excluding intergovernmental transfers) in the first quarter were as follows: UAH 115.4 billion – personal income tax (PIT), UAH 33.5 billion – single…
Holiday rental search engine Holidu has compiled a list ranking European cities based on their affordability for food and drink enthusiasts. Using cost-of-living data from Numbeo, Holidu has categorized cities by the average cost of items such as a bottle of wine and a mid-range meal for two, offering a comprehensive guide for foodies of…
On July 2, Ministry of Finance raised UAH 9.409 billion to the state budget at an auction for the placement of domestic government bonds. The ministry’s press service said this in a post on Facebook. “Today, the Ministry of Finance placed bonds worth more than UAH 9.4 billion,” the post reads. The Ministry of Finance…
In Bulgaria, residential property prices are on the rise, with Varna leading the charge ahead of even Sofia, according to recent statistics reported by Nova TV. During the first quarter of this year, Varna saw a significant increase of 9% in housing prices, slightly outpacing the growth in the capital city. Despite these hikes, there…
In January-June, Ukraine’s state budget received $20.2 billion in financing, namely $13.8 billion in external financing and $6.4 billion from domestic government bonds. The relevant statement was made by the Ukrainian Finance Ministry on Facebook. In particular, in the first half of 2024, a total of $13.8 billion came as external financing. The European Union,…
The Cabinet of Ministers of Ukraine has approved the budget declaration for 2025-2027, which outlines a gradual economic recovery. In particular, GDP is expected to grow by 2.7% in 2025. The relevant resolution of the Cabinet of Ministers, No. 751 dated July 28, was published on the Government portal. As expected, gross domestic product will…