Resilient IT companies continue to hire in Bulgaria amidst global tech layoffs and hiring freezes

By Ina Koleva, myPOS Communications Executive

In the US, over 340,042 tech employees have been laid off since late 2022, with at least 56,042 layoffs in 2024 alone. While Bulgaria is also affected, resilient companies continue to hire local IT talent, positioning for future…

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The consumption of fossil fuels has reached new heights

The consumption of fossil fuels, but also of energy emissions on a global scale, reached record heights in 2023. That’s what the global energy statistics report cited by Reuters says. Decommissioning fossil fuels and increasing renewable energy sources can prevent the transition to low-carbon…

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Wearing one pair of jeans once does as much damage as driving 6 km in a gasoline-powered passenger vehicle 

According to scientists, wearing a pair of fast fashion jeans just once creates 2.5 kg of carbon dioxide, which is equivalent to driving 6.4 km in a non-gasoline car, writes “Daily Mail”.

Fast fashion is a term used to describe the process of quickly creating and selling cheap,…

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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 Galushchenko told Reuters at the end of January this year. The country is trying…

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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 rich selection of drinks: from authentic local products to…

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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 very old, old enough for the self-sufficiency argument, as well as the feasibility of…

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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 efforts in navigating Europe through economic challenges…

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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, who have been demanding the implementation of Minimum…

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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 analysis of the Bulgarian Chamber of Commerce (BCC).

Since 1961, the country has been among the first 15…

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