Germany will continue creating joint ventures with Ukraine in the defense industry, including in the field of drone production, but not missiles. This was stated by German Defense Minister Boris Pistorius at a press conference in Kyiv on January 14. “We will continue to invest in the Ukrainian defense industry,” Pistorius said, recalling that this…
Bulgaria’s National Statistical Institute reported that inflation in 2024 stood at 2.2%, a slight increase from the previous year. The inflation rate in December 2024 was recorded at 0.4%. The average annual inflation for the period from January to December 2024, compared to the same period in 2023, reached 2.4%. Among the various categories, the…
The mild and windy weather this winter has created a situation whereby electricity exchange prices remain close to the minimum at night, while daytime prices are set by individual generation units in Estonia. On January 14 the electricity exchange price remained at EUR 1 per megawatt-hour (MWh) overnight and rose to EUR 91 at 8…
In 2024 Bulgaria’s electricity sector faced significant challenges, with a sharp decline in exports and a rise in domestic consumption. The country’s energy production decreased by 5% compared to the previous year, largely due to reduced output from coal-fired thermal power plants. However, renewable energy sources, particularly solar power, saw notable growth. Despite producing record…
On January 14 the twelfth meeting of the Steering Committee of the Ukraine Donor Platform, established to coordinate international assistance and address the immediate needs and long-term recovery of Ukraine, took place. During the meeting, the partners discussed the Platform’s priorities – mobilising resources for external budget support for Ukraine in 2026 and Ukraine’s recovery…