Burgas is increasingly being recognized as a top city to live in Bulgaria, according to Alexander Bochev, chairman of the Board of Directors of the National Real Estate Association (NREA). Sofia, Varna and Plovdiv in real estate activity, showing nearly a 40% growth in transactions and a rising trend in the purchase of second vacation…
Political instability is hindering Bulgaria’s progress toward joining the Eurozone, according to an analysis by the rating agency Scope Ratings. The Berlin-based agency has maintained Bulgaria’s credit rating at BBB+ with a positive outlook in both local and foreign currency. Scope Ratings, an EU and European Central Bank (ECB) recognized external credit rating agency, first…
The state budget of Ukraine received a grant from the United States of America in the amount of $3.9 billion. “I am grateful to the U.S. Government for its solidarity with Ukraine. $3.9 billion in non-repayable financial assistance is an extremely important contribution to support the State Budget of Ukraine in its efforts to resist…
The Ministry of Tourism is allocating 1.5 million leva for Bulgaria’s presence and advertising on major social networks. This initiative was announced by Acting Minister of Tourism Evtim Miloshev during a parliamentary committee hearing in response to a query from MP Vyara Todeva of “We Continue the Change-Democratic Bulgaria” (WCC-DB). “This is a substantial investment,…
The Ministry of Economy of Ukraine, together with leading international expert organisations, has started working on updating the Export Strategy of Ukraine in the context of war and post-war recovery. “Due to russia’s armed aggression against Ukraine, Ukrainian producers have faced many challenges. The updated Export Strategy of Ukraine should take into account the changes…
On August 2, the Cabinet of Ministers of Ukraine adopted a resolution “On Amendments to the Resolution of the Cabinet of Ministers of Ukraine No. 1057 dated November 17, 2010” to simplify the supply of military goods across the customs border of Ukraine, which had been drafted by the Ministry of Finance at the initiative…
Over 407,000 individuals in Bulgaria have turned to digital assets for investment, according to data from Singaporean fintech company Triple-A. This represents 6.15% of the population who are engaged with crypto wallets. Among these are both companies that facilitate crypto exchanges through digital wallets and users of various centralized trading platforms. “In terms of EU…