On July 3, the Ministry of Economy of Ukraine held a public discussion of the first drafts of the Employment Strategy of Ukraine 2030. This strategic framework is intended to become a practical tool for economic development: to help reduce unemployment, expand access to work, and increase labor market flexibility. The main goal is to…
Bulgaria registered the second-largest increase in housing prices among EU member states in the first quarter of 2025, according to Eurostat. Residential property prices in the country surged by 15.1% YoY for the period, placing Bulgaria just behind Portugal, where the increase reached 16.3%. Since 2010, Bulgarian house prices have risen by a total of…
The real estate market in Bulgaria in the first half of 2025 continues to evolve, with Sofia maintaining its status as the country’s most expensive city for property purchases. However, regional centers such as Varna, Plovdiv, Burgas and notably Ruse are showing the most significant growth in prices and buyer interest. Sofia leads in pricing,…
Prime Minister Denys Shmyhal chaired a meeting in Donetsk region to discuss topical issues of the region and areas of support. The event included government officials and the head of the regional military administration (RMA). An important topic raised was the issue of fortifications and the needs of the military. Officials considered the possibility of…
How will Bulgaria’s property market evolve after the switch to the euro? This question concerns homeowners, investors and prospective buyers alike. Typically, euro adoption triggers a surge in demand and price growth, attracting foreign investment. Yet, the currency change’s impact cannot be viewed in isolation; broader economic conditions and interest rate policies are crucial factors.…
On June 30, Slovak travel agency HappyTravel.sk was still selling holiday packages to Egypt and Turkey. Just one day later, on July 1, the company declared insolvency, meaning it could no longer meet its financial obligations. Roman Berkes, CEO of HappyTravel.sk, also stepped down as president of the Slovak Association of Travel Agencies and Tour…
Bulgaria ranks fifth in Europe for tourism growth, a fact highlighted by the country’s Minister of Tourism. Early booking data indicates a strong summer season ahead, reflecting the sector’s continuing expansion. In a separate but related positive note, the European Union’s Environment Agency has recently ranked Bulgarian seawater as the second cleanest in Europe. This…