Ukraine: Government standardises procedures for creating and maintaining key customs registries

On July 15, the Cabinet of Ministers of Ukraine adopted a resolution that regulated and standardised the processes for creating and maintaining several key registries by customs authorities: – The Unified State Register of Authorised Economic Operators; – The Register of Guarantors; – The Register of Enterprises Engaged in Customs Brokerage Activities; – The Register…

Bulgaria: inflation accelerates in June 2025

Bulgaria’s annual inflation rate climbed to 4.4% in June, marking its highest point since December 2023. This is up from 3.7% recorded in May, according to fresh data from the National Statistical Institute (NSI). On a monthly basis, inflation rose by 0.4%, reversing the previous months’ more modest or declining trends. The average annual inflation…

Ukraine: country secures over 200 international agreements worth more than EUR 13 billion at Rome conference

Following the fourth Ukraine Recovery Conference held in Rome, over 200 agreements and memoranda were signed, totalling more than EUR 13 billion, Prime Minister Denys Shmyhal announced during a Cabinet meeting on July 14. “URC2025 demonstrated the unwavering unity and solidarity of the international community. Ukraine’s recovery is seen as a global project, the success…

Bulgaria: home purchases outpace rentals in Sofia

A new trend is emerging in Sofia’s real estate scene – property sales are outpacing rentals, reversing a pattern that has dominated the past decade. The observation comes from the National Real Estate Association (NRA), which brings together over 2,500 professionals committed to ethical and responsible practice. While this reversal is noteworthy, experts anticipate a…

Ukraine: Ministry of Finance delegation discusses implementation of best tax practices with OECD

From July 8 to 11, representatives of the Ministry of Finance of Ukraine held a series of working meetings with experts from the Organisation for Economic Co-operation and Development (OECD). The discussions focused on Ukraine’s strategic initiatives in international taxation, harmonization of legislation with EU tax standards, preparations for OECD accession and further adaptation of…