Asia
EU to Impose 50 % Steel Tariffs in Bid to Shield Industry from China
The European Commission has unveiled a plan to halve tariff-free steel imports and double duties on excess volumes to 50 %, in one of its toughest trade defence moves in…
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EU to Impose 50 % Steel Tariffs in Bid to Shield Industry from China
Economy
Bulgaria admitted over 27,000 foreign workers from 77 non-EU countries to its labor market
In the first half of the year, the Employment Agency admitted 27,109 citizens from 77 non-EU countries to the Bulgarian labor market under all procedures related to the employment of…
Economy
Porsche drops from elite DAX stock index
Legendary sports and luxury car maker Porsche AG will drop from Germany’s leading DAX stock index on September 22, Deutsche Börse said, quoted by Reuters. The company, which entered the…
Economy
Bailiff sent to Czech Orthodox Church in Prague
The Orthodox Church in the Czech Republic is facing serious financial problems. Czech Television has initiated enforcement proceedings against it over unpaid fees, and its headquarters in the Prague district…
Economy
Romania begins large-scale cuts in state administration and police
Romania's Development Minister Ceke Atila announced the closure of tens of thousands of positions in local and state administration. In an interview with Antena3 TV, he announced that about 57…
Economy
Greece introduces 10-hour working day and four-day work week
The Ministry of Labor has presented a major new bill that provides for a 10-hour working day four days a week throughout the year, individual contracts with reduced working hours,…
Economy
Over 1,700 GW of renewable energy blocked in Europe due to grid congestion
€7.2 billion of renewable energy generation lost by 2024 due to lack of transmission capacity European transmission operators are not prepared to respond to the energy transformation needed to meet…
Economy
Russia Raises Taxes
Russia is preparing to raise taxes and cut spending in an attempt to maintain high defense spending as its economy buckles under the weight of financing the more than three-year…
Economy
New transport bridge between Asia and Europe
Today, the first sod of the strategic Kars-Igdir-Aralık-Dilujü railway line will be laid in the eastern Turkish city of Kars. The 224-kilometer-long project is a key part of the Zangezur…
Economy
The founder of the largest investment construction company in Russia died suddenly
The founder of the largest investment construction company "Samolet" in Russia, Mikhail Kenin, died suddenly at the age of 56. The company, which he founded together with Igor Yevtushevsky 13…