The news that matter in Europe
The news that matter in Europe
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…
In the first half of 2024 the leading global provider of foreign exchange and international payments for businesses, iBanFirst, processed 275 million euros in FX transactions for Bulgarian trading companies. In comparison to the same period last year this is an increase of 90% that was driven…
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In a remarkable achievement, .lumen, the startup dedicated to enhancing the mobility of the blind and visually impaired, has raised €1 million from private investors in one day. This milestone follows an extraordinary pitch event of the Glasses for the Blind held on July 16 where over 600…
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The exorbitant prices of water, coffee, and food at airports across the European Union have long been a source of frustration for travelers. Despite efforts to address this issue, airport vendors continue to charge consumers significantly more than the standard market rates for these basic…
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By Petar Gramatikov
Green Transition Forum 4.0: New global perspectives for the CEE region is taking place on 26-28 June 2024, Bulgaria (Sofia Event Center, Mall Paradise).
The forum dedicated to the European Green Deal and the green transformation was opened by the Bulgarian President…
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…
The area of Mexico affected by drought is expected to increase from “85.58% to 89.58% due to the lack of rain,” reports Excélsior.
The National Weather Service report attributed this to the prolonged third heat wave that affected Mexico from May 20 to June 4.
According to the latest…
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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The European Commission has made a landmark announcement today, proposing an annual EU budget of €199.7 billion for the year 2025. This substantial budget will be complemented by an estimated €72 billion in disbursements under the NextGenerationEU program. The proposed financial…
Norway will further limit the access of Russian tourists because of the ongoing war in Ukraine, the Norwegian Ministry of Justice announced end of May, as quoted by Reuters.
Norway, which is a member of NATO, shares a border with Russia in the Arctic of almost 200 km. Oslo for the first…
Pressrelease // Every economic cycle has its currency war. In the 1920s, France, Germany, and Belgium devalued their currencies to return to the gold standard, which had been abandoned during World War I. In the 1930s, major global economies resorted to competitive devaluations to recover the…
The EU will soon become a ‘Friend’ (i.e., observer) of the Djibouti Code of Conduct/Jeddah Amendment, a regional cooperation framework to tackle piracy, armed robbery, human trafficking and other illegal maritime activities in the North-Western Indian Ocean, including the Gulf of Aden and…
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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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…
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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 and now his fortune is estimated at 3.2 billion…
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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