The Mykolaiv region has taken the lead in terms of economy deshadowing, and this is evidence that enterprises are changing approaches to their activities. The relevant statement was made by Mykolaiv Regional Military Administration Head Vitalii Kim, commenting on the economic situation in the region. “On the one hand, we see official statistics, and on…
Bulgaria’s draft budget for 2024 raises questions about its realism and whether it is a mere strategy to appease the European Commission and the European Central Bank, avoiding blame for missing fiscal targets. Journalist Stefan Antonov expressed doubts about the government’s ability to meet the 3% deficit threshold while fulfilling promises to raise spending on…
Baltic electricity prices have soared and hit record highs this week, driven by low wind and solar output and rising natural gas prices, as well as a cold snap. Erkki Sapp, a board member at grid distributor Elering, said: “This week, there has been less wind across the Baltic States, and slightly higher electricity consumption…
President Volodymyr Zelensky said that Ukraine would find a way out of the situation in connection with the US government’s decision to cut off USAID funding. He said this in an interview with The Guardian. “We aren’t going to complain that some programmes have been frozen, because the most important thing for us is the…
Negotiations are underway with international partners to return $39 million seized in Switzerland to Ukraine. The relevant statement was made by National Anti-Corruption Bureau of Ukraine (NABU) Director Semen Kryvonos at a press conference. “A unique case is taking place right now; we have the opportunity to return $39 million that have been seized in…
The Black Sea region in Bulgaria is facing a serious labor shortage ahead of the summer season. Hoteliers and restaurateurs are struggling to find enough workers, and in response, they are offering higher wages. Salaries for seasonal positions have been raised by at least 10% compared to last year. To fill the gap, employers are…
Baltic train operators have launched a cheaper joint ticket for the new Tallinn-Vilnius route and now it will no longer be necessary to change trains in Riga. A PESA 730 ML train leased from Lithuanian passenger train operator LTG Link will be operated from the Estonian border Valga to Vilnius. There will no longer be…