Polish Prime Minister Donald Tusk and European Commission President Ursula von der Leyen have together called for Europe to spend more on its own defence amid the security threats highlighted by Russia’s war in Ukraine. “Big and well-spent money on European security will push war away from Europe’s borders for a long time, perhaps permanently,”…
The Ukrainian State Property Fund has announced an auction for the sale of PentoPak PrJSC, which used to be owned by a Russian oligarch. The relevant statement was made by the Ukrainian State Property Fund on Facebook. “The Ukrainian State Property Fund has approved the starting price of PentoPak Plant at UAH 203.7 million. The…
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…