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Tag Archives: economy

Ukraine: State Property Fund attracts over UAH 181 million at privatization auctions last week

UkraineBy admin2024-07-09Leave a comment

Ukraine’s State Property Fund held eight auctions last week, selling UAH 181.6 million worth of objects. The agency’s press service said this in a post on Facebook. According to the fund, the value of objects grew on average 7.4-fold. In total, 54 bidders took part in the auction, with an average of seven investors competing…

Bulgaria: young Bulgarians and retired Europeans return to buy properties

BulgariaBy admin2024-07-08Leave a comment

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,…

Ukraine: general fund of local budgets receives UAH 208.7 billion in H1 2024

UkraineBy admin2024-07-05Leave a comment

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…

Bulgaria: Sofia ranks among Europe’s top cities for foodies

BulgariaBy admin2024-07-05Leave a comment

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…

Ukraine: Finance Ministry places domestic government bonds for more than UAH 9.4 billion

UkraineBy admin2024-07-04Leave a comment

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…

Bulgaria: Varna outpaces Sofia in real estate price growth

BulgariaBy admin2024-07-03Leave a comment

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…

Ukraine: state budget receives $20.2 billion in financing in H1 2024

UkraineBy admin2024-07-03Leave a comment

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,…

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