Credit rating agency Standard & Poor’s (S&P) has downgraded the credit ratings of Estonia, and also of Latvia Lithuania, as a result of threats associated with the Russian Federation. S&P downgraded Estonia’s long-term credit rating from “AA-” to “A+”, while Latvia and Lithuania’s ratings, previously each at “A+”, were also downgraded, to “A” in both…
Signs in Arabic, created with the help of artificial intelligence, have appeared around the Polish mountain resort town of Zakopane, as local businesses prepare for a record number of tourists from the Middle East this year. Zakopane, which sits at the foot of Poland’s southern Tatra mountains, has in recent years become a popular destination…
A recent comparison by the Bulgarian daily “Telegraph” reveals that indulging in a coffee and a beer in Sofia’s city center can leave a considerable dent in wallet, surpassing the prices found in many European capitals. The comparison, which analyzed menus from various eateries in cities like Athens, Cardiff, Luxembourg and London, shed light on…
About 500 public agencies have acquired generators worth around UAH 60 million via the Prozorro Market catalog. The relevant statement was made by Professional Procurement State Institution. “About 500 public agencies have already acquired generators via the Prozorro Market electronic catalog. Their total value is around UAH 60 million,” the report states. The Prozorro Market…
The Justice Ministry released an interactive map showing how, under the previous government, money from a fund intended to support victims of crime was used to apparently boost the election campaigns of candidates from the party that controlled the ministry. It showed that nearly 90% of the money in question went to districts in which…
According to data from Eurostat, only 3.6% of Bulgarian businesses with 10 or more employees utilized artificial intelligence (AI) technologies to manage their operations in 2023. This places Bulgaria among the lowest-ranking countries in the European Union in terms of AI adoption. Eurostat defines artificial intelligence as encompassing various technologies, including text analysis, computer vision,…
Since the start of the year, Bulgaria has secured an additional BGN 700 million in debt from the domestic market, according to announcements from the Ministry of Finance and data published by the Bulgarian National Bank. Of this sum, BGN 300 million was raised through the issuance of government securities, achieving a weighted average return…