Real estate holdings of Bulgarians span every continent except for Antarctica, with people possessing properties in 59 nations worldwide. These holdings include residences on exotic Caribbean islands like Aruba, the Netherlands Antilles and the British Virgin Islands. As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data…
Latvia is approximately five years behind Estonia and Lithuania, when it comes to capital market development, “INVL Asset Management” board chairman Andrejs Martinovs has said. Data from the Bank of Latvia indicated the pension capital accumulated on the second level pension plans went up by 24.4% last year, reaching EUR 7.06 billion. However, only 8.5%…
The Economy Ministry is working to accelerate the signing of the Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) with the European Union. The relevant statement was made by Ukrainian Economy Deputy Minister Vitaliy Kidrativ. According to Kindrativ, in preparation for the signing of this agreement, Ukraine has brought thousands of national standards,…
On April 23, the Cabinet of Ministers of Ukraine adopted a resolution envisaging the second stage of distribution of additional subsidies for the first quarter of 2024 for the regional budget of the Luhansk region and 207 budgets of territorial communities across Ukraine in the amount of UAH 266.2 million. This amount includes: – UAH…
A Swiss subsidiary of the Polish state energy giant Orlen revealed details of the roughly $400 million (1.6 billion zloty) it lost on prepayments made without collateral under the firm’s previous management for Venezuelan crude oil and petroleum products that were never delivered. Orlen Trading Switzerland (OTS) reported that over half the money was paid…
Poland recorded the EU’s largest increase in house prices in the final quarter of 2023. Costs were up by 13% YoY and by 4.8% QoQ, new Eurostat data showed. Across the EU as a whole, prices remained broadly flat. The rises seen in Poland continued to be driven by a popular mortgage subsidy scheme for…
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify. CITUB President Plamen Dimitrov unveiled striking statistics during a press conference, sourced from the Institute for Social and Trade Union Research and Training’s (ISSIO) Monitoring of Consumer Prices and Living Wage report…