About 31% of Bulgarian companies have used the services of the Bulgarian Trade and Economic Services abroad, according to a survey by the Bulgarian Chamber of Commerce and Industry. 32% of respondents said they did not know what services the foreign representative offices of the Ministry of Economy provided. 37% indicated that they only worked…
Bulgaria remains among the European Union countries with the shortest average work life, according to the latest data released by Eurostat. In 2024, Bulgarians are expected to remain active in the labor market for an average of 34.8 years. This figure is identical in Croatia and Greece, placing the three countries near the bottom of…
Slovakia’s property market is showing diverging trends, with significant increases in the sale prices of older two-room flats, while rental costs declined in several major cities during the second quarter of 2025. According to the latest Real Estate Barometer from the Real Estate Union of the Slovak Republic, older two-room flats in regional capitals recorded…
Hotel revenue in Bulgaria has grown by approximately 10%, though costs for the sector have also climbed, rising by between 10% and 20%. This was stated by Georgi Duchev, Executive Director of the Bulgarian Association of Professionals in Hotel Management. According to an analysis by the association covering the first six months of the year,…
Minister of Economy, Environment and Agriculture Oleksii Sobolev held a bilateral meeting with Pierre Heilbronn, Special Envoy of the President of the French Republic for Ukraine’s Relief and Reconstruction. The parties discussed institutional changes in the Ukrainian Government and the further deepening of Ukrainian-French economic partnership. Key topics included the establishment of a new Ukraine…
With July 8 now behind, Bulgaria is firmly set to adopt the euro on January 1, 2026. Deputy Minister of Finance Metodi Metodiev outlined the key steps remaining before the transition and addressed the most pressing public concerns surrounding the change. According to Metodiev, Bulgaria’s entry into the euro area is part of the country’s…
The Association of Soft Drink Producers in Bulgaria (ASDPB) has expressed readiness to support the creation of a national deposit return system for beverage containers. According to Executive Director Zhanna Velichkova, the system must include a financial incentive to encourage consumer participation. Some retail chains have already taken initial steps, introducing reverse vending machines that…