The Bulgarian Ministry of Finance anticipates that the country will achieve the inflation benchmark required for Eurozone membership until the year’s end. Following this achievement, Bulgaria plans to formally request the European Commission (EC) and the European Central Bank (ECB) to prepare an extraordinary convergence report, as stated by the Ministry of Finance. Deputy Prime…
The National Museum in Krakow has launched the world’s first “library of heritage smells”, through which it uses scientific methods to capture and reproduce the scents associated with historical objects. The first fragrance produced as part of the project was extracted from Leonardo’s da Vinci’s Lady with an Ermine, the most famous painting held by…
Since its launch in 2020, ProZorro.Sale has already held 35,000 auctions for the lease of state and municipal property, which annually bring up to UAH 200,000 to the organisers. This was reported by the press service of ProZorro.Sale. “Since 2020, the system has hosted almost 35,200 online auctions for the lease of state and municipal…
Sofia has climbed six places to occupy the 162nd position in the 2024 cost of living ranking by the management consulting company Mercer, which lists the most expensive cities for foreigners. This index includes 226 cities worldwide, measuring the relative price of over 200 items in each location, such as transportation, food, clothing, household goods…
Ukraine ranks second among the countries of Central and Eastern Europe in terms of the number of companies operating in the field of artificial intelligence – 243 companies and about 5200 specialists. These are the findings of the study “AI ecosystem of Ukraine: talents, companies, education” by the Ministry of Digital Transformation. According to the…
Enterprises in Ukraine’s central Poltava region increased exports by 47% in the first four months of 2024, to more than $730 million, Filip Pronin, head of the Poltava Regional Military Administration, said in a post on Telegram. “Enterprises in the Poltava region are active players in foreign trade. They cooperate with partners from 115 countries.…
In 2023, Bulgarian households remained among the lowest in the EU for consumption of goods and services. According to Eurostat’s latest data, Bulgaria’s “actual individual consumption” (AIC) was 27% below the EU average, placing it at 73% of the European level. In contrast, Luxembourg’s AIC was 38% above the EU average, reaching 138%. AIC per…