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CATEGORY

Economy

The owner of a chain of liquor stores is the fastest-growing billionaire in Russia

The founder of the "Krasnoe & Beloe" (red and white) store chain, Sergey Studennikov, became the fastest-growing Russian businessman in the last year, Forbes reports. During the year, the 57-year-old billionaire became 113% richer...

Ukraine hopes to begin installation of Bulgaria’s nuclear reactors in June

Kiev is sticking to the price of $600 million despite Sofia's desire to gain more from a possible deal. Ukraine expects to start building four new nuclear reactors this summer or fall, Energy Minister German...

INTERNATIONAL EXHIBITION OF VINE-GROWING AND WINE PRODUCING, WINE FESTIVAL

VINARIA took place in Plovdiv, Bulgaria from 20 to 24 February 2024. The International Exhibition of Vine-growing and Wine producing VINARIA is the most prestigious platform for the wine industry in Southeast Europe. It showcases a...

Why diversifying trade is the only answer to wartime food security

The argument is often made about food, as well as about dozens of other “strategic goods”, that we must be self-sufficient in the face of threats to peace around the world. The argument itself is...

Christine Lagarde Addresses European Parliament on ECB Annual Report and Euro Area Resilience

In a pivotal speech delivered at the European Parliament plenary session in Strasbourg on 26th February 2024, Christine Lagarde, President of the European Central Bank (ECB), expressed gratitude to the Parliament for its collaborative...

Evaluating the EU’s Position and Challenges Ahead for the 13th WTO Ministerial Conference

As the World Trade Organization (WTO) gears up for its 13th Ministerial Conference (MC13), the European Union (EU)'s stance and proposals have emerged as pivotal talking points. The EU's vision, while ambitious, also opens...

Which national symbols did countries choose for their Euro?

Croatia From January 1, 2023, Croatia adopted the Euro as its national currency. Thus, the country that entered the European Union last became the twentieth country to introduce the single currency. The country has chosen four...

European Sikh Organization Condemns Use of Force Against Indian Farmers’ Protest

Brussels, February 19, 2024 - The European Sikh Organization has issued a strong condemnation following reports of excessive force used by Indian security forces against farmers protesting in India since February 13, 2024. The farmers,...

North Macedonia already exports nearly 4 times more wine than Bulgaria

Years ago, Bulgaria was one of the biggest producers of wine in the world, but now it has been losing its position for almost 2 decades. This is the main conclusion of the initial...

Nexo’s claim against Bulgaria turned out to be over 3 billion dollars

The claim of "NEXO" against Bulgaria, the Ministry of Finance and the Prosecutor's Office turned out to be over 3 billion dollars. This is clear from the digital asset company's announcement to the media...

The Bulgarian National Bank has completed the process of coordinating and approving the design of the Bulgarian Euro coins

The Bulgarian National Bank (BNB) has officially announced that it has completed the process of coordinating and approving the design of the Bulgarian euro coins. The final step in this process involved the approval...

Russia refuses to import bananas from Ecuador because of an arms deal with the US

It has started buying the fruit from India and will increase imports from there Russia has started buying bananas from India and will increase imports from that country, the Russian Veterinary and Phytosanitary Control Service...

For the first time in Europe: simultaneously 3 planes can take off from Istanbul Airport

An American magazine honored Istanbul Airport with 5 awards in December 2023. The airport has connections to 315 destinations, making it the best airport in the world. It was named "Airport of the Year" for...

Belgium Faces Major Disruptions Due to Farmers’ Protest, A Day of Standstill

Brussels, Belgium. The peaceful routine of Brussels was abruptly disturbed on Monday morning when farmers took to the streets in a protest that caused significant road closures. The mobilization of farmers in response to...

Election Year Needs to be a Fresh Start for EU and Indonesia

The collapse of EU-Australia FTA negotiations and slow progress with Indonesia highlight stalled trade facilitation. The EU needs a new approach to promote exports and expand market access to Indonesia and India. Diplomatic outreach and consultation are crucial to prevent further conflicts and ensure a fresh start for both sides.

France melts down 27 million coins due to faulty design

France has melted down 27 million coins after the European Union declared that their designs did not meet requirements. The Monnaie de Paris, the country's mint, produced the 10, 20 and 50 cent coins...

Nicola Beer appointed new Vice President of the European Investment Bank

Nicola Beer, former Vice President of the European Parliament, brings extensive experience to her new role as a member of the EIB Board of Directors. Learn more about her achievements and the importance of the EIB in driving innovation and sustainability in the European Union.

MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers

As Members of the European Parliament (MEPs) navigate the complexities of legislating for the European Union, scrutinizing the financial aspects of their compensation becomes imperative when knowing they can get circa 18000 euros monthly...

10 Highly Paid Professions of 2023 in Europe

In the job market of Europe, certain occupations have emerged as highly rewarding. As we move forward in 2023 it is clear that having a skillset in technology, finance, healthcare and strategic business positions...

A fine of 41.7 million euros for the largest banks in Greece

The Greek Commission for the Protection of Competition has imposed the largest fine imposed so far in the amount of 41.7 million euros on several banks in Greece, the Greek TV channel Sky reported. Piraeus...

Coal use set to record in 2023

Global coal supply is expected to hit a record high in use in 2023 on the back of increased demand from now with emerging and developing economies. This is according to a report, published...

The Flawed Sanctions Policy: Why Putin Wins

The EU's response to Putin's invasion of Ukraine raises concerns as EU exports to Armenia have surged 200% since the invasion, aiding Putin.

Old buses turned into a luxury hotel

It costs just one dollar to ride a Singaporean bus, but $296 to sleep on it Bus Collective is the first resort hotel in Southeast Asia to convert decommissioned public buses into luxury hotel rooms. The...

First Edition of the Forum From Us To Us Europe Brussels “How can we dialogue on our future transformations?”

On the occasion of the first edition of the International Forum From Us To Us Europe Brussels, an international conference is organized on Friday 24 and Saturday 25 November 2023 on the theme: “The...

Revving Up the Green Transition, MEPs Back Stricter CO2 Emissions Targets for Trucks and Buses

In a landmark move to combat climate change, the European Union's Environment Committee has thrown its weight behind stricter CO2 emissions reduction targets for heavy-duty vehicles (HDVs), which include trucks, buses, and trailers. This...
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