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…
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,…
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…
While Estonia’s economy shrank by 2.1% YoY in the first quarter, Lithuania’s economy grew by 2.9%, according to the flash estimate. The growth was driven by both general confidence and government investment, Tonu Mertsina, chief economist at Swedbank, told ERR radio. While Lithuania’s growth was also due to the low base of comparison from a…
“In each of the priority sectors, we have specific projects that we are ready to offer to foreign investors and we do so consistently. We are already seeing not just interest, but real investments. According to the National Bank, foreign investors injected $4.25 billion into Ukraine’s economy last year. This shows that despite the war,…