The formation of a new energy architecture in Ukraine is necessary both during the war and after its end. This was stated by the mayor Igor Terekhov on January 7. The mayor emphasized that the issue of energy security was one of the key issues for the national security of the state. Thus, back in…
Sofia’s Vitosha Boulevard continues to hold its status as Bulgaria’s most expensive shopping street, with average rents reaching 726 euros per square meter per year, according to the latest Main Streets Across the World 2025 report by Cushman & Wakefield. This places Vitosha Boulevard 41st globally in 2025, a slight rise from its 42nd position…
Latvia spent approximately 0.3% of its gross domestic product (GDP) on military support for Ukraine last year, Foreign Minister Baiba Braze told journalists on January 8 following an inter-institutional meeting on the implementation of the Latvia-Ukraine security commitments agreement. She noted that Russia’s ongoing bombardments had severely affected Ukraine’s energy infrastructure. “It has not been…
Ukraine will win this war and become one of Europe’s engines of growth, Tarmo Sild, CEO of Iute Group, which is in the process of establishing a bank in Ukraine, has declared. The Estonian financial company Iute Group is acquiring RWS Bank in Ukraine. “We are buying selected assets from them. We’re taking over a…
Due to the large-scale power outage in Dnipro caused by a power shortage due to Russian enemy attack, the Department of Transport and Transport Infrastructure of the City Council has put public transport in emergency mode. Despite the complete shutdown of electric transport, the city has ensured stable passenger transportation through additional reserves of bus…
The revenue of Russian oil companies continues to decline rapidly following the fall in prices for the Urals oil grade, which is being sold at a discount of almost 50% compared to the Brent oil price. At the end of the week ending January 4, the average 4-week volume of Russia’s oil export revenues fell…