A last-minute legislative amendment in Bulgaria is raising serious concerns among financial experts, as it could put up to one million citizens at risk of falling into a debt spiral. The change restricts financial institutions registered with the Bulgarian National Bank from fully assessing the creditworthiness of their clients, potentially leading to lending and leasing…
Home prices in Estonia rose by 5.2% YoY in 2025, the Statistics Estonia reported. The house price index (HPI), which increased rapidly in 2021 and 2022, continued to rise in the last three years, but at a more modest rate ranging from 5.2% to 6.1%, said Mart Umbleja, leading analyst at Statistics Estonia. In 2025,…
The Giraite Armament Plant, the Baltic States’ only ammunition manufacturer, has achieved full production autonomy after installing new equipment for bullet production. The upgrades include military and sniper bullet presses as well as lead core forming equipment, allowing the plant to produce all components in-house. “We will no longer need to purchase bullets externally, which…
The Cabinet of Ministers of Ukraine has approved the allocation of a subsidy from the state budget to local budgets for the implementation of projects to construct shelters in educational institutions. This includes military lyceums, lyceums with enhanced military and physical training, as well as general secondary education institutions located in communities with a high…
During one week, five Russian passenger planes had engine failures right during flights. This was reported by the specialized channel “Aviatorstina”. Thus, on March 16, a Sukhoi Superjet 100 of the “Russia” airline, flying from Moscow to St. Petersburg, returned to Sheremetyevo due to increased vibration of the second engine. Earlier, on March 13, the…
“Lukoil”, the largest private oil company in Russia, recorded a net loss of 1.059 trillion rubles in 2025, according to IFRS-based financial statements published on Friday. This is the first time in its three-decade history that the company owned by billionaire Vagit Alekperov has ended the year in the red. In the past, the company,…
The Easter season is a time of profound spiritual significance for Christians worldwide. It marks the culmination of Christ’s Passion and the joyous celebration of His Resurrection, the cornerstone of Christian faith. Among the various liturgical vestments and symbols used to adorn the sacred space and convey theological truths, stoles featuring the motifs of the…