Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments. Bulgaria has a lot to catch up with its European peers on that front. According to research conducted by BGNES, only the Netherlands spends less on AI projects than Bulgaria, with Sofia allocating a mere 0.62% of…
After a wave of massive russian attacks on Ukrainian energy infrastructure facilities in recent months, the situation in the energy system is quite difficult. This was announced by the Minister of Energy of Ukraine German Galushchenko. “Today, we are talking about losses of more than a billion dollars. But the attacks continue, and it is…
In March, Ukraine attracted a record amount of international aid – more than $9 billion. Prime Minister of Ukraine Denys Shmyhal said this at a meeting on financial and economic issues. “I held a meeting on financial and economic issues with the participation of the Ministry of Finance, the Ministry of Economy, the National Bank,…
Wizz Air, the fastest growing airline in Europe and the most environmentally sustainable in the world, has announced the launch of a new flight route: Sofia to Heraklion. Flights from the bustling capital of Bulgaria to the cultural treasure of the island of Crete will start in June, and tickets are already on sale at…
Prime Minister Donald Tusk pledged that “Poles will be wealthier than Brits” within five years, as he lauded the benefits of EU membership on the 20th anniversary of Poland’s accession to the bloc. “As we celebrate 20 years in the EU, a fierce debate is taking place in Great Britain caused by the World Bank’s…
The reason Estonia’s economy is in a comparatively worse state next to Latvia and Lithuania is that it is more sensitive to interest rate changes, Luminor Bank economist Professor Lenno Uuskula has said in an interview given to “Aktuaalne kaamera”. – Why is it the case that while Latvia and Lithuania’s economies are growing, ours…
“We want every locality in Moldova to have a good standard of living,” Head of state Maia Sandu said unveiling the results of the European Village programme in Stefan Voda district. “About 100 children have better conditions at the kindergarten in Stefanesti, an investment of over one million lei. More than 1,000 residents of Volintiri…