Tel Aviv Reconnected: Flights from Sofia, London, Rome and More Resume in August
Wizz Air is accelerating its return to Israel
The Israeli city Tel Aviv is the most expensive city in the world, according to the British magazine "Economist", DPA reported. As a result, it de facto dethroned the French capital from this position. Paris remains in second place, which it shares with Singapore. Next on the top positions in the ranking are Zurich, Hong Kong and New York. Last is the Syrian capital Damascus.
Berlin drops eight places to 50th and is the cheapest of the six German cities in the rankings. Of these, Frankfurt is the most expensive and ranks 19th.
Problems in supply chains and coronavirus measures restricting production and trade have contributed to rising cost of living in many cities around the world, according to an analysis by the Economist. Due to rising fuel prices, the price of transport also increased. There is also an increase in the prices of tobacco products, personal hygiene products and entertainment products and services.
The survey was prepared on the basis of a comparison of the situation in 173 countries and on the basis of the prices of over 200 products and services.
/BTA
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
Scope Ratings has upgraded Bulgaria’s long-term credit rating from ‘BBB+’ to ‘A-’ in both local and foreign currency terms
For more than two decades, real estate in Bulgaria has been offered primarily in euros, a practice familiar to both buyers and sellers
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
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