Bulgaria: country seeks quick Eurozone entry after inflation control

Bulgaria remains committed to joining the Eurozone as swiftly as possible, with technical preparations progressing well. This was emphasized by Deputy Prime Minister and Finance Minister Lyudmila Petkova during the July meeting of the Economic and Financial Affairs Council in Brussels, according to the Bulgarian ministry’s announcement. Petkova indicated that once Bulgaria fulfilled the final…

Baltic States: countries inform Moscow and Minsk of their exit from Russian power system

The Baltic power transmission system operators on July 16 notified Russia and Belarus of the non-extension of the so-called BRELL contract and their withdrawal from the Moscow-controlled post-Soviet electricity system as of February 2025. Lithuania’s Litgrid, Latvia’s AST and Estonia’s Elering “have notified Russian and Belarusian operators on the non-extension of the BRELL agreement, which…