One of the achievements of the first stage of the forest industry reform is the consolidation of assets, the launch of a digital chain of traceability of wood movement and increased transparency of the industry. As a result, there is an increase in tax payments to the state budget and investments in development. The last…
Inflation in Ukraine has been declining since June 2025, in line with forecasts. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said this reflected the central bank’s targeted monetary policy. “To curb inflation, we raised the key policy rate in March 2025 and kept it at 15.5%. As a result, savings in hryvnia remained attractive,…
The annual inflation rate continues its downward trend, recording in December 2025 the lowest value of that year, at 6.8%. The National Statistics Bureau (BNS) unveiled data to this effect. According to the cited source, in last December, compared to November 2025, average consumer prices increased by about 0.9%. This was triggered by higher prices…
Hotels in Bulgaria are transitioning to the euro without major issues, according to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals. He said that most bookings were prepaid and modern hotel software allowed for straightforward currency conversion, easing the adjustment for both management and guests. Duchev noted that the hotel sector,…
In the third quarter of 2025, Bulgaria was among the EU countries experiencing the strongest growth in house prices, according to Eurostat data. Across the euro area, the house price index rose by 5.1% YoY, while the EU overall saw a 5.5% increase. Over the same period, prices had grown by 1.6% compared with the…
Last year was a record year for bonds on the Baltic stock exchanges, with companies raising nearly EUR 2 billion in total on the Estonian, Latvian, and Lithuanian exchanges. “The Estonian economy is still sluggish, investor confidence is on a downward trend, and trading activity on the Nasdaq Tallinn Stock Exchange was nothing special last…
Since Russia’s invasion of Ukraine, the number of companies whose owners or ultimate beneficiaries have changed their declared citizenship from Russian or Belarusian has risen sharply. The most common new nationalities are Israeli, Latvian and that of Antigua and Barbuda, according to Latvian Radio. Experts cite two main reasons for the trend: an effort to…