The implementation of the Vertical Gas Corridor has commenced, aimed at ensuring diversification and energy security for natural gas supplies. Bulgartransgaz, the state gas transmission operator, signed two critical public contracts with consortia comprising Bulgarian and American companies. This project is a collaboration between Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova, and is anticipated…
The Cabinet of Ministers of Ukraine has decided to provide grant support to small agricultural producers. The relevant order No. 495-r “On the Allocation of Funds from the International Bank for Reconstruction and Development and the International Development Association to the Ministry of Agrarian Policy and Food” was adopted at a regular meeting. The document…
Publicly available information from the National Revenue Agency reveals that 3,604 Bulgarian residents had properties abroad, all of which had been duly declared to the agency. Bulgarians own properties across various countries in the Balkans and the European Union. Additionally, some citizens take pride in owning properties in less commonly chosen destinations, including Andorra, Argentina,…
The Government has allowed the import of certain types of goods under the customs regime of processing in the customs territory of Ukraine for further production of special vehicles at Ukrainian enterprises. In particular, this refers to the manufacture of special purpose vehicles for use in Ukraine by units of the National Police, medics, the…
More than 4,200 Ukrainian families have taken out loans to purchase housing under the eOselia programme since the beginning of 2024. Most of them purchased apartments, and 180 families purchased private houses. In total, 10,570 families have taken out loans worth UAH 16.7 billion since the start of the programme. This was announced by Deputy…
The agricultural land market in Bulgaria is on the verge of overheating, according to the latest data from the National Statistical Institute. Over the past decade, field prices in certain areas have skyrocketed more than 6-fold, reaching levels where natural resources must be extracted to recoup the investment. Real estate experts warn that a bubble…
Credit rating agency Standard & Poor’s (S&P) has downgraded the credit ratings of Estonia, and also of Latvia Lithuania, as a result of threats associated with the Russian Federation. S&P downgraded Estonia’s long-term credit rating from “AA-” to “A+”, while Latvia and Lithuania’s ratings, previously each at “A+”, were also downgraded, to “A” in both…