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 »
In a significant development within the Bulgarian political arena, the vote of no confidence against the current government, initially slated for November 16, has been postponed by a day. This move adheres to the procedural rules of the Bulgarian Parliament,
On November 15, Bulgaria’s political landscape will confront another critical juncture as the National Assembly deliberates on a second vote of no confidence against the current Denkov-Gabriel cabinet. This motion, spearheaded by the Bulgarian Socialist Party (BSP), far-right Vazrazhdane (Revival
As winter looms over Bosnia and Herzegovina, the specter of escalating gas prices is casting a cold shadow on citizens already grappling with economic uncertainties. The recent decision by the Bulgarian Parliament to impose a tax on gas transportation is
Chilling Times Ahead: Gas Prices May Surge to 20% in Bosnia and Herzegovina Read More »
With new regulations that have left many Albanian citizens scratching their heads, the government is set to implement a significant spike in property taxes, particularly targeting residential and commercial landowners. The proposed amendments, part of the draft Law on the
Albanian Property Owners Face 45-Fold Increase in Land Tax Read More »
PODGORICA — A draft coalition agreement reveals the potential structure of Montenegro’s upcoming government, with the Europe Now Movement (PES) securing a majority of the seats. The New Serbian Democracy (NSD) is set to propose the head of the Assembly,
Montenegro’s New Government Composition Revealed: PES Dominates, NSD to Lead Assembly Read More »
BUDAPEST — In a recent radio interview, Hungarian Prime Minister Viktor Orbán emphasized the importance of national security, drawing connections between the Israeli-Palestinian conflict and European migration – and Hungary’s stance on both. The interview, aired on Kossuth radio’s “Good
SKOPJE — North Macedonia is poised to auction off a cache of properties once belonging to its embattled former Prime Minister, Nikola Gruevski. The Agency for Management of Forfeited Property has initiated procedures to return funds to the state budget
North Macedonia to Sell Seized Assets of Former PM Gruevski 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 »
