The Armenian government has approved a program to subsidize interest rates on loans for greenhouse operators, aiming to support producers and ensure the continued cultivation of vegetables, berries, and flowers, the Ministry of Economy says. The program is open to legal entities and individual entrepreneurs operating greenhouses of at least one hectare that produced and…
Bulgaria recorded the lowest unemployment rate in the European Union in May, with just 2.9% of the labor force out of work, according to the latest figures released by the European Statistical Office. The result placed Bulgaria ahead of every other EU member state, while unemployment across the broader eurozone remained unchanged at 6.2% and…
During June, Ukrainian energy companies restored power to almost 4 million consumers who were cut off as a result of Russian attacks and hostilities. Restoration work continued in regions where the energy infrastructure was damaged as a result of Russian attacks and hostilities. Despite the difficult security situation, energy companies promptly eliminated the consequences of…
Ukraine and Germany have entered a new phase of their defense partnership: companies from both countries are already establishing more than ten joint ventures to produce drones, long-range weapons, and air defense systems. Oleksii Makeev, Ukraine’s ambassador to Germany, spoke about this. “We are currently in a phase where more than ten joint ventures are…
Andre Farm, a cheesemaker based in Tartu County, has stopped selling its cheese through most major retail chains, saying the retail sales system has become too costly. In a social media post published in mid-June, the farm said it had decided to end this sales model because it wanted to move away from what it…
Wizz Air is adding three new routes from Bratislava, further expanding its network in Slovakia. From late October, the airline will begin flights to Agadir, Morocco; Hurghada, Egypt; and Baku, the capital of Azerbaijan. The additions will bring Wizz Air’s network from Slovakia to 35 destinations across 15 countries. The first flights will launch from…
Armenian Prime Minister Nikol Pashinyan ruled out a repeat of the 2013 scenario, when Armenia abandoned its Association Agreement with the European Union and instead opted to join the Eurasian Economic Union (EAEU). He made the remarks during a joint press conference with European Commission President Ursula von der Leyen. According to Pashinyan, such a…