Pricing
Rounded Prices in Euros to Hit Bulgarians' Pockets after Eurozone Entry
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency.
Historic record for the gold price: Over $2,200 an ounce and counting
Analysts predict that gold prices will hit new highs in the second half of the year
Cyprus to end its fuel tax break
As of April 1, the reduced consumption tax on fuel in Cyprus will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil.
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US Urges Ukraine to Halt Strikes on Russian Oil Bases Amid Global Concerns
The United States has urged Ukraine to cease its attacks on Russia's energy infrastructure, citing concerns over potential repercussions on global oil prices and retaliatory actions. The call for restraint comes amidst reports of intensified drone strikes targeting refineries, terminals, and storage facilities in western Russia.
NBS: Serbian y-o-y inflation slowed down to 5.6 pct in February
BELGRADE - Quoting figures released by the national statistical office, the National Bank of Serbia (NBS) said on Tuesday Serbian y-o-y inflation had decelerated further, measuring 5.6 pct in February, in line with the its expectations.
Wholesale electricity prices remain high despite renewable energy share
The fluctuation in wholesale electricity rates augurs badly for the formation of consumer electricity tariffs in April.
In the first 12 days of this month, the average price in the wholesale market stood at €74.01 euros per megawatt-hour, up from €72.86/MWh in February.
National Theater of Northern Greece celebrates social milestone
The Thessaloniki-based National Theater of Northern Greece is celebrating an important milestone after hitting the 1-million seat mark in special group bookings.
These groups include a diverse range of theatergoers, from ex-convicts in social reintegration programs and patients at psychiatric facilities, to pensioners from community centers and school pupils for far-flung islands.
Bulgaria: Gasoline Up 3 Cents, Diesel Rises by 6 Cents/Liter in Last Month
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria. According to data from the "Fuelo" platform, gasoline prices rose by 3 cents per liter (1.14 percent), while diesel saw a slightly larger increase of 6 cents per liter (2.21 percent).
The catalysts of last year’s property boom
There was a steep increase in the purchase and sale of houses, as well as in sale prices during the first nine months of 2023 in Attica, as the "My Home" program and changes to the requirements for a Golden Visa played a catalytic role in a sharp shift in demand.
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Fresh decline in electricity rates this month
Electricity bills will be even lower in March, as the continued de-escalation of gas rates drags down the price of electricity in the wholesale market.
For March, the charge per kilowatt-hour on the green tariffs is estimated to move to 10 to 11 cents, while for the yellow-marked tariffs the charge will drop to pre-energy crisis levels, with the price per kWh even below 8 cents.
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