A new urban project in Bratislava could dramatically reshape the city’s skyline. Developer JTRE, formerly known as J&T Real Estate, has revealed the winner of an international urban-architectural competition to design two new skyscrapers in the Eurovea City district. The project includes two high-rise towers, both taller than Slovakia’s current tallest building, Eurovea Tower. The…
The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria. The project will produce over 300 GWh of electricity annually and help reduce carbon emissions by 250,000 tons per year. The…
Kyiv hosted the discussion titled Reforms Matrix: Strengthening the Foundations of Economic Growth for EU Accession. The event aims to bring together representatives from Government, international partners, experts, business leaders and civil society organizations to discuss key issues related to Ukraine’s economic development strategy. Organized with the participation of the World Bank and the European…
The Ministry of Energy is exploring additional opportunities to encourage electricity imports, where the key factors are the availability of electricity and the ability to deliver it at the right times. “We are in dialogue with the main importers and industrial enterprises in order to respond to their needs as quickly as possible. It is…
According to Georgi Dichev, chairman of the Chamber of Private Bailiffs (CPB), Bulgaria currently has 120,000 debtors under the age of 30. Specifically, 4,000 individuals are debtors under the age of 20, 36,000 are between 20 and 25 years old and 80,000 fall into the 25-30 age group. The data comes from the CPB’s internal…
The wholes in Lithuania’s labour market are being filled not only by third-country nationals but also by workers from neighbouring countries. With unemployment in Latvia’s Latgale region at an all-time high, its residents are taking up jobs in Lithuania. Aleksej Sokolov, who lives in Latvia’s Daugavpils, works at the furniture factory Visagino Linija in Lithuania’s…
Ukraine calls for more radical measures to be taken against the aggressor country russia over its attempts to provoke a radiation accident by attacking substations critical to the operation of nuclear power plants. “It is critical to take more drastic measures against russia. Otherwise, it looks like a waste of time. After the IAEA highlighted…