Polish Prime Minister Donald Tusk and European Commission President Ursula von der Leyen have together called for Europe to spend more on its own defence amid the security threats highlighted by Russia’s war in Ukraine. “Big and well-spent money on European security will push war away from Europe’s borders for a long time, perhaps permanently,”…
The Ukrainian State Property Fund has announced an auction for the sale of PentoPak PrJSC, which used to be owned by a Russian oligarch. The relevant statement was made by the Ukrainian State Property Fund on Facebook. “The Ukrainian State Property Fund has approved the starting price of PentoPak Plant at UAH 203.7 million. The…
As a result of a Russian missile attack on Kharkiv on May 4, a meat-processing plant was destroyed. The video showing the aftermath of the attack was posted on Facebook Myasnyi LLC CEO Oleksandr Skoryk, who was also a representative of the Kharkiv Regional Council. Also, a video of the destruction and fire was published…
Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments. Bulgaria has a lot to catch up with its European peers on that front. According to research conducted by BGNES, only the Netherlands spends less on AI projects than Bulgaria, with Sofia allocating a mere 0.62% of…
After a wave of massive russian attacks on Ukrainian energy infrastructure facilities in recent months, the situation in the energy system is quite difficult. This was announced by the Minister of Energy of Ukraine German Galushchenko. “Today, we are talking about losses of more than a billion dollars. But the attacks continue, and it is…
In March, Ukraine attracted a record amount of international aid – more than $9 billion. Prime Minister of Ukraine Denys Shmyhal said this at a meeting on financial and economic issues. “I held a meeting on financial and economic issues with the participation of the Ministry of Finance, the Ministry of Economy, the National Bank,…
Wizz Air, the fastest growing airline in Europe and the most environmentally sustainable in the world, has announced the launch of a new flight route: Sofia to Heraklion. Flights from the bustling capital of Bulgaria to the cultural treasure of the island of Crete will start in June, and tickets are already on sale at…