Bulgaria: new U.S. tariffs could cost millions

The imposition of new import tariffs on European goods entering the United States is expected to have a significant impact on the Bulgarian economy, with projected losses exceeding 1.2 billion leva (approximately 626 million euros). This estimate comes from calculations by the Ministry of Economy in collaboration with the Institute of Economics at the Bulgarian…

Ukraine: Government expands support for farmers working on irrigated land in frontline regions

The Cabinet of Ministers of Ukraine has updated the mechanism of state support for farmers using reclaimed land in frontline territories. The corresponding resolution No. 930 “On Amendments to the Procedure for Using Funds Planned in the State Budget for Agriculture to Provide State Support to Commodity Producers Using Reclaimed Land and Water Use Organizations”…

3 Station Tooling

What is 3 Station Tooling? Typical stations in a 3 Station Tooling setup include: Loading or Material Preparation Station – where raw material or components are prepared or inserted into the tool. Processing or Forming Station – where the actual shaping, molding, or assembly occurs. Finishing or Ejection Station – where the completed product is…

Bulgaria: Plovdiv will launch new direct flight to Milan

Starting in October, Plovdiv Airport will offer a new direct flight to Milan, operated by Ryanair. The announcement was made during a joint press conference by Plovdiv Mayor Kostadin Dimitrov and Ryanair’s Director of Communications for Central and Eastern Europe Alicja Wojcik-Golebiowska. Mayor Dimitrov highlighted that this new route represented more than just improved travel…

Slovakia: generous pensions face mounting pressure as population ages

Slovakia’s pension spending is rising sharply, with payouts far above the EU average when measured against household incomes, and the country faces one of the fastest-ageing populations in Europe, according to UniCredit Bank analyst Lubomir Korsnak. Data from the country’s Socialna poistovna (Social Insurance Agency) showed that total payments for old-age pensions – including early…