In the third quarter of 2023, the Bulgarian economy experienced a 0.4% growth compared to the preceding quarter, maintaining a similar growth pattern seen earlier. Announced by the National Statistical Institute (NSI), the economic expansion, measuring 1.8% annually, remains consistent with the previously estimated 1.7%, showing a slight decline from the 2% growth in the…
Almost 7.5 million tons of goods have already been transported through the new export corridor in the Black Sea, which Ukraine has launched after expelling the Russian navy fleet from the area. President of Ukraine Volodymyr Zelensky spoke of this in an address to the G7 leaders via videoconference. “Ukraine won in the Black Sea,…
In the near future, Ukraine and the German concern Rheinmetall plan to launch the production of armoured vehicles on Ukrainian territory. This was announced by Prime Minister Denys Shmyhal during a Government meeting on December 5. “This is a flagship project to unite the forces of Ukraine and European arms manufacturers to achieve a just…
Moldova and the European Bank for Reconstruction and Development (EBRD) will sign a loan agreement for the implementation of Moldova V road rehabilitation project. The agreement provides for the contracting of a loan worth 150 million euros. A project in this sense was approved on December 6 by the Government. The amount granted by the…
Discussions surrounding the state budget for 2024 are scheduled to kick off in the coming week during plenary sessions, with amendments to tax laws set for review on December 7, as confirmed by Finance Minister Assen Vassilev and National Assembly’s Budget and Finance Committee Chair, Yordan Tsonev. The decision for these discussions follows a meeting…
LOT Polish Airlines is the world’s third best airline in 2023, according to the AirHelp Score ranking. The airline trailed Qatar Airways and Eurowings in the rating, which was based on three factors: punctuality, passenger reviews, and fair treatment when problems arose. LOT outperformed Etihad Airways (4th), United Airlines (10th) and KLM (16th). Germany’s Lufthansa…
Baltic ambassadors in Warsaw have expressed their displeasure to the Polish authorities about the blockade of truck traffic on the Ukrainian border. The issue has been raised repeatedly with the Polish authorities, according to the Estonian Foreign Ministry. “There was a meeting/demarche of the three Baltic ambassadors at the Polish Ministry of Infrastructure in Warsaw,”…