During his recent visit to Washington, Bulgarian Energy Minister Vladimir Malinov engaged in crucial discussions at the US State Department. Despite the tight schedule of Ambassador James O’Brien, Assistant Secretary of State for European and Eurasian Affairs, Malinov managed to meet with him. Their talks centered on advancing key projects such as the construction of…
Poland signed an agreement with the US for the delivery of a $960-million aerial reconnaissance system to monitor Poland’s northeastern borders, Defence Minister Wladyslaw Kosiniak-Kamysz said on May 22, reported Reuters. “Poland will be the second country in the world to use this system,” he said. “This agreement defines our security, it is another act…
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria’s resorts and major cities like Sofia, Plovdiv, Varna and Burgas. While resorts like Bansko and Sunny Beach have seen the most transactions by foreigners, Bulgarians remain the primary buyers across all mountain and seaside destinations. In urban areas, foreign buyers are…
The EU’s Solidarity Corridors have helped export Ukrainian goods to the European and global markets for two years and generated about EUR 50 billion in income for Ukraine’s economy. Transport Commissioner Adina Valean said this on the second anniversary of the creation of Solidarity Lanes – alternative logistics routes via rail, road and inland waterways.…
Ukrainian Energy Minister German Galushchenko has demonstrated to German Foreign Minister Annalena Baerbock the extent of the damage caused to Ukraine’s largest thermal power plant by Russia’s extensive missile strike. Galushchenko told Baerbock that Russia attacked the thermal power plant when Ukraine lacked air defense missiles and only six of the 11 targets were shot…
Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933 (EUR 477). This announcement was made by Luboslav Kostov, Chief Economist of the Confederation of Independent Trade Unions of Bulgaria (CITUB), during a forum organized by trade unions…
Although the three Baltic countries are trying to follow the increasingly loud demand from the European Commission to initially focus solely on the main route of Rail Baltica, the project’s budget is rising to over EUR 15 billion. It could be cheaper, but this would require passengers to transfer trains to travel to Riga, and…