A collection of 148 posts
Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country’s natural gas supplies, interim Energy Minister Rossen Hristov announced at a press conference late last week. Hristov, who is serving in Prime Minister’s Galab Donev’s caretaker government ahead of an election in the Balkan
EU economy greenhouse gas emissions were up year-on-year in the first quarter of 2022, at 1.029 billion tonnes, but were still slightly lower than before the global pandemic, according to data from the EU statistics office Eurostat. In Q1 of 2019, greenhouse gases (mainly carbon dioxide, methane, nitrous oxide
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according to a recent survey from Ipsos European Public Affairs. Perceptions of graft vary greatly across the continent and business sectors, according to the pollster, which was commissioned to carry
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in part to encourage power saving. In the wake of Russia’s invasion of Ukraine, energy consumer prices are rising 40% year-on-year in the euro zone, drastically reducing disposable incomes,
Bulgarian voters are set to go to the polls for the fourth time in two years after President Rumen Radev called an election for 2 October and then appointed a caretaker government on Tuesday. Galab Donev, a former employment minister began his two-month stint as interim prime minister on Tuesday,
Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply deal that would redirect all of Hungary’s shipments through the TurkStream pipeline. Fears that Russia will cut off energy supplies to Europe have been growing in recent weeks,
Bulgarian Prime Minister Kiril Petkov is trying to save his administration by persuading seven MPs to support his coalition in the wake of populist party There Are Such People’s departure. Former premier Boyko Borissov’s centre-right party GERB initiated a confidence vote on Wednesday, and accused Petkov of failing
The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential” startups from Poland, Estonia and Bulgaria, it announced Wednesday, 8 June. Poland had three grantees announced on Wednesday: Ecoplastomer, which develops technology for plastic and rubber waste, Camino Science,
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth country to do so, and the first since Lithuania in 2015. Having received positive assessments of the ECB and the European Commission, the path for euro adoption is now
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November, Croatia will have filled its only underground gas storage facility in Okoli, central Croatia, by up to 90%, Filipovic told state broadcaster HRT. Filipovic was speaking after a report
The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to its invasion of Ukraine, which includes a complete embargo on oil imports from the country. The first five rounds of EU sanctions included asset freezes and travel bans on Russian
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on Russian fuels, in the wake of Hungary threatening to veto the planned EU embargo on Russian oil imports. The financial compensation would be disbursed via the new RePowerEU strategy
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the defence alliance, in response to Russia’s invasion of Ukraine. NATO also released an infographic outlining the allied aircraft able to be deployed in airspace in Central and Eastern Europe
Tour operator TUI Belgium has cancelled scheduled summer flights to Bulgaria and North Macedonia citing falling interest in destinations in Central and Eastern Europe (CEE) since the start of the war in Ukraine. The subsidiary of UK-German tourism firm TUI Group says customer demand has also fallen for CEE weekend
Companies from at least nine Central and Eastern Europe (CEE) countries will present their products and services at the upcoming military, aeronautical and security equipment exhibition Black Sea Defense and Aerospace (BSDA) in Bucharest, Romania. The biannual event’s organisers describe BSDA as a platform for Romanian companies to establish