Business
Lithuania and Hungary Top List of Best Countries for Property Investment, Study Finds
A new study by UK relocation company 1st Move International has ranked Lithuania and Hungary among the top countries in Europe for property investment, while Belgium and France fall among the worst. The report, which analyzed factors such as property tax rates, income tax on rent, and gross rental yields, highlights Lithuania as the leading choice for real estate investors.
Best Places to Invest in Europe
Lithuania emerged as the top destination for property investment, with the capital city, Vilnius, offering an average rental yield of 5.65%, according to Global Property Guide data. Rent prices in Lithuania have soared by over 170% since 2015, and property prices have seen a 10% increase in the second quarter of 2024. The country’s moderate income tax on rent, set at 15%, along with no restrictions on foreign property ownership, makes it an attractive option for investors.
Estonia ranks as the second-best choice for property investment, with non-residents allowed to buy property and relatively low buying costs at 1.3%. Investors can expect an annual gross rental yield of around 4.5%, with property prices rising by 6.7% in the year leading up to June 2024.
Romania ranks third, boasting a low average rental income tax rate of 10% and an impressive gross rental yield of 6.46%. The low additional costs of buying property add to Romania’s appeal for investors seeking a high return on investment.
Other Key Destinations
Countries in Central and Eastern Europe, such as Hungary, Slovenia, and Poland, are also highlighted as strong opportunities for property investment. In Hungary, rent prices have surged by 180% since 2015, and property prices rose by 9.8% in the past year. Poland saw a 17.7% increase in house prices, while Slovenia recorded a 6.7% rise during the same period, providing solid prospects for investors.
Worst Places for Property Investment
Belgium, France, and Greece rank as the worst places to invest in real estate, according to the report. Belgium’s high transaction costs and income tax on rent, which can reach up to 50%, make it a less attractive option despite an average rental yield of 4.2%. France fares poorly due to its high property costs and declining property prices, which fell by 4.6% in 2024. Greece’s high buying costs and elevated rental income tax rates, exceeding 33%, place it among the least favorable countries for property investment.
Google Trends in Property Investment
The study also examined property search trends on Google, revealing that Spain and Portugal are the most popular destinations for prospective buyers. Spain saw 279,000 global searches related to property purchases between 2023 and 2024, with Portugal closely following with 270,000 searches. However, the popularity of these countries has led to rising property prices and a shortage of affordable housing for locals.
Disclaimer: This article provides general information and should not be taken as financial advice. Always conduct your own research before making any investment decisions.
Business
China and Europe Drive Global EV Growth as U.S. Market Stalls Amid Policy Uncertainty

Global sales of electric and plug-in hybrid vehicles continued to surge in April, driven by strong performance in China and Europe, despite a slowdown in North America, according to new data released Wednesday by EV research firm Rho Motion.
Worldwide, electric vehicle (EV) sales reached 1.5 million units in April, a 29% increase compared to the same month in 2024. However, this figure marked a 12% decline from March, indicating a monthly dip in momentum. From January to April, EV sales totaled 5.6 million units — a 29% rise year-on-year.
Europe and China were the key drivers of growth. Sales in Europe jumped by 35% in April, with China close behind at 32%. Meanwhile, the rest of the world saw an even stronger April growth rate of 51%. In contrast, North American sales declined by 5.6% during the same period.
“Tariff negotiations are dominating headlines, but quietly, domestic manufacturers in China and the EU are growing market share,” said Charles Lester, Data Manager at Rho Motion. “The EU is the standout performer in 2025, as emissions targets have ignited a rapid industry transition to electric.”
From January to April, China posted a 35% increase in EV sales compared to the previous year. Europe followed with 25%, while North America saw more modest growth at just 5%.
Experts point to political developments as a key factor shaping the market’s trajectory. “EV adoption is accelerating — but politics, not technology, will decide who leads and who lags,” said Professor Christian Brand, a transport and energy expert at Oxford University.
In the U.S., uncertainty over the future of green tax incentives under President Trump’s administration is causing hesitation. Legislation under review would eliminate the current $7,500 federal tax credit for EV purchases by the end of 2026 and limit eligibility further. Tax breaks for commercial and second-hand EVs could also be scrapped.
Meanwhile, China is rolling out new consumer incentives to stimulate its slowing economy. Buyers trading in older vehicles for new EVs are now eligible for subsidies worth 20,000 yuan (€2,471), further boosting demand.
Trump’s 25% tariffs on imported vehicles and components have complicated matters for automakers with global supply chains. While recent executive orders offer some tariff relief, industry leaders remain concerned about profitability and dampened consumer sentiment.
Despite the policy divide, more than one in four cars sold globally this year is expected to be electric, according to the International Energy Agency.
“The shift to EVs is a gradual evolution, not a revolution,” said Brand. “It’s not just about switching engines — it’s about reshaping entire industries.”
Business
Microsoft Lays Off 6,000 Employees Amid Strategic Shift and AI Investment Drive

Microsoft has begun laying off approximately 6,000 employees, accounting for nearly 3% of its global workforce, in what is its largest round of job cuts in over two years. The company cited organizational restructuring as the reason behind the move, which comes despite strong quarterly earnings and ongoing investment in artificial intelligence (AI) infrastructure.
The layoffs began Tuesday and span various departments, teams, and global regions, though many of the affected roles are concentrated in Microsoft’s home state of Washington. The company notified state officials that 1,985 jobs would be cut at its Redmond headquarters, with most of those roles tied to software engineering and product management.
“This is a day with a lot of tears,” wrote Scott Hanselman, a Microsoft vice president, on LinkedIn, where several affected employees and company leaders shared news of the layoffs. “These are people with dreams and rent and I love them and I want them to be OK.”
The cuts affect units across the company, including the Xbox gaming division and LinkedIn, the professional networking platform owned by Microsoft. The company stated that the layoffs would impact workers at all levels but are particularly focused on reducing management layers to enhance organizational efficiency.
The move follows Microsoft’s earlier announcement in January of smaller, performance-based layoffs. This latest round is the largest since early 2023, when the company cut 10,000 positions in the wake of pandemic-era overhiring.
Microsoft Chief Financial Officer Amy Hood indicated during an April earnings call that while the company’s headcount had increased 2% year-over-year by March, it had slightly declined compared to the end of 2024. Hood emphasized the company’s aim to “increase agility by reducing layers with fewer managers.”
The restructuring comes as Microsoft intensifies its investment in AI technology, with an estimated $80 billion allocated for AI-related infrastructure, including data centers, in the current fiscal year. However, analysts suggest that while AI may influence how Microsoft operates, the layoffs are more reflective of strategic realignment than automation-driven job replacement.
“Big tech companies have trimmed their workforces as they rearrange their strategies and pull back from aggressive hiring during the early post-pandemic years,” said Daniel Zhao, an economist at Glassdoor.
With economic uncertainties looming and consumer spending patterns shifting, experts say Microsoft’s decision could also reflect a cautious approach to longer-term planning amid geopolitical and market fluctuations.
Laid-off employees in Washington have been informed their final day will be in July.
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