Sofia, Bulgaria — Local taxes increased across much of Bulgaria for 2025, with coastal Tsarevo topping a new index of municipal tax burdens, even as the national government said it would not raise headline national taxes next year. International institutions […]
Bulgaria’s Local Taxes Rise as Government Rules Out National Hikes Read More »
Tirana, 29 August 2025 — Albania is entering a new phase in its fiscal policy as the government and municipalities turn their focus toward strengthening local taxation, particularly property tax. Recent reporting in Albanian media highlights a surge in revenues,
Albania Grapples With Property Tax Reform Amid Rising Local Revenues Read More »
BUCHAREST — Romania’s major cities are witnessing a dramatic surge in rent prices, with tenants now paying, on average, 15% more than in the past. This shift, as analyzed by the real estate platform Storia.ro, is attributed to high interest
Economic Shifts Drive Rent Hikes Across Romania’s Major Urban Centers Read More »
PODGORICA — Workers at Montenegro’s Port of Adria (PoA) are gearing up for a strike, demanding a significant 40% salary increase amidst concerns of dwindling wages. The maritime company, once a beacon of higher-than-average salaries in the country, now sees
Montenegro’s Port of Adria Workers Threaten Strike Over Wage Disputes Read More »
ATHENS — To accommodate those nearing retirement, the Greek Ministry of Labor has introduced a regulation that allows insured individuals to recognize up to an additional six months beyond the standard insurance limit. According to Greek news website To Vima,
BANJALUKA, SARAJEVO – Farmers in Bosnia and Herzegovina are grappling with one of the most challenging years in memory, marked by lower corn yields and escalating production costs. Bosnia and Herzegovina has a mixed economy with agriculture playing a significant
Bosnian Farmers Face Dire Year Amid Low Corn Yields and Rising Costs Read More »
Bucharest – In a bold move to address rampant tax evasion, Romanian Prime Minister Marcel Ciolacu announced a comprehensive tax reform, according to Romanian daily Cotidianul.ro. Romania, grappling with the largest tax evasion rate in the European Union, over 10%
Romania Tackles Tax Evasion with Sweeping Tax Reform Read More »
