The news that matter in Europe
The news that matter in Europe
The last of Russia’s major state-owned banks, which retains access to the SWIFT system for international payments in the world’s major currencies, will become subject to new US sanctions.
The White House is considering blacklisting Gazprombank, the Russian Federation’s third-largest…
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In a newly released report, the European Investment Bank (EIB) reveals that Africa’s fintech sector has nearly tripled in size since 2020, bringing vital financial services to underserved communities across the continent. However, the report, Finance in Africa 2024, also underscores…
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The European Union and the Agreements with Morocco: An In-Depth Analysis of Recent Developments
The European Union (EU) has recently taken crucial decisions regarding its fisheries and agriculture agreements with Morocco, a matter that raises complex economic, political and legal issues….
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Two Russian tankers “Nikolay Velikiy” and “Nikolay Gamayunov” were refueling ships leaving the ports of Varna and Burgas on the border of Bulgaria’s 24-mile contiguous zone in the Black Sea. Risky offshore fueling was probably motivated by dumping prices, which were achieved after taxes and…
The fee for traveling abroad, which Turkish citizens pay, is increased from 150 to 500 Turkish lira (about 14 euros). The Ordinance was published in the issue of the Turkish State Gazette (Resmi Gazete) dated August 2, 2024.
The fee for going abroad is a type of tax that must be paid by…
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Russian citizens or Russian companies participate in 11,939 companies in our country. This is clear from the answer of the Bulgarian Minister of Justice Maria Pavlova to a question posed by the parliamentarian Martin Dimitrov. He asked about the number of companies in Bulgaria in which…
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Namibia plans to cull 723 wild animals, including 83 elephants, and distribute the meat to people struggling to feed themselves due to a severe drought in South Africa, the environment ministry has ruled.
The culling will take place in parks and public areas where authorities believe the…
The caretaker government aims to cover 1.5 billion euros worth of bonds maturing next week
Bulgaria will offer US dollar-denominated bonds for the first time in 22 years as it tries to plug its budget deficit and pay off maturing debt amid a prolonged political crisis, Bloomberg…
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Despite the fact that there is a 450-kilometer-long road strip, which is a wild occasion, Albania is protected by the destination of the flights and the Albanians this.
Often compared to the Maldives, thanks to its crystal-clear waters and peaceful beaches, Albania is not as dirty as the…
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Insolvency Crisis – The recent insolvency declaration by the German holding company, FWU AG, has sent ripples across Europe, impacting thousands of policyholders in Austria, Belgium, France, Germany, Italy, Luxembourg, and Spain. This move came alongside a suspension of payment filed by its…
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(Luxembourg, 9 August 2024) – Three suspected ringleaders of an international criminal group were indicted yesterday at the Regional Court of Dusseldorf (Germany) for a €93 million VAT fraud, following an investigation by the European Public Prosecutor’s Office (EPPO) in Hamburg,…
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Serbia plans to take one of the leading places in the supply of lithium to the markets of European countries. The country’s president, Aleksandar Vucic, noted the possibility of producing about 58,000 tons of lithium per year in local enterprises.
If all this metal were sent to the…
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The European Insurance and Occupational Pensions Authority (EIOPA) released its latest Risk Dashboard, providing insights into the health of Europe’s occupational pension funds, officially known as Institutions for Occupational Retirement Provision (IORPs). The findings indicate an overall…
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On July 29, 2024, a significant step forward for Poland’s railway system was announced with the European Investment Bank (EIB) extending a loan of PLN 1 billion (over €230 million) to Polska Grupa Energetyczna (PGE), the country’s largest utility provider. This funding aims to modernize…
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Ukraine will need almost nine billion US dollars over the next decade to rebuild its cultural sites and tourism industry after the Russian invasion and war, UNESCO has announced, the Associated Press reported, cited by BTA.
According to UNESCO estimates, the country’s related cultural and…
The “Kalashnikov” Group has increased its military and civilian production by 50% in the first half of the year compared to the same period last year, it said in a press release onc.
It is in all directions – from the implementation of the volume of military production to the ongoing…
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European technology companies are encountering a hurdle, according to a report, from the European Investment Bank (EIB). The report underscores the need for financing to drive innovation and expansion. Maintaining its global technology leadership position is a focus for Europe, and the report…
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In a bold move to safeguard competition in the burgeoning online food delivery market, the European Commission has launched a formal antitrust investigation into two of Europe’s largest food delivery companies, Delivery Hero and Glovo. This investigation could have significant implications…
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In 2006, he bought a property in Romania that includes a house, a forest, a meadow as far as the eye can see and a craft workshop
Most likely, until now you only associated Transylvania with Count Dracula.
It’s time to add to your imagination and include in the picture the new king of…
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Brussels, [Current Date] – The European Council has chosen to extend its ranging sanctions, against Russia, for an additional six months due to the ongoing aggression and destabilizing actions by Russia in Ukraine. These measures, which were initiated in 2014 and amplified after Russia’s…