Bulgaria

KYIV BLOG: EU finalises €5bn Ukraine Peace Fund contribution that will see little new money sent to Kyiv

bne IntelliNews March 18, 2024

EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU's off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine.

Bulgaria heading towards new snap election as talks on government rotation fail

Denitsa Koseva in Sofia March 18, 2024

Gerb's Mariya Gabriel has given CC-DB until noon to agree to the party's terms to form a new government, or Bulgaria will hold its sixth snap general election

Support for Nato membership falls sharply in Southeast Europe

bne IntelliNews March 17, 2024

Under half of Montenegrins now back Nato membership, and only 33% would help another member in case of attack.

NGO warns Bulgaria likely to miss 2038 deadline for coal phase-out

bne IntelliNews March 14, 2024

CEE Bankwatch says Sofia's intention to replace coal-fired with gas-fired power plants is unfeasible given it has no strategy or financial plan.

Ukraine becomes world's 4th largest arms importer, European imports soar

bne IntelliNews March 12, 2024

European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

Poll shows Bulgarians have turned against Putin

bne IntelliNews March 7, 2024

Bulgaria took a strong pro-Western turn after Russia's invasion of Ukraine.

Bulgaria’s PM Denkov tables resignation of government

Denitsa Koseva in Sofia March 5, 2024

Resignation aimed at triggering rotation of prime ministers, stalled by dispute between Gerb and CC-DB.

Bulgaria has just days to strike deal on new government or faces early election

Denitsa Koseva in Sofia February 29, 2024

Gerb’s Mariya Gabriel is due to take over the PM seat on March 8, but the government’s pro-Western backers are increasingly divided.

Ukraine's Zelenskiy seeks support from Southeast Europe at Tirana summit

bne IntelliNews February 28, 2024

Ukrainian president and Albanian prime minister warn of Russian threat to destabilise the region.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

Commercial real estate investment dropped by 55% in Central Europe in 2023, says Cushman & Wakefield

bne IntelliNews February 26, 2024

The highest proportion of the capital went into the office sector, although its share dropped from 41% in 2022 to 32% in 2023 because of the increasing trend towards remote work.

Romania’s president pitches to be CEE's candidate for Nato top seat

bne IntelliNews February 23, 2024

The alliance's CEE countries had hoped to be strong contenders to helm the alliance this time around, but the Netherlands' Mark Rutte appears to have it in the bag already.

World Bank says Emerging Europe needs tougher targets to reach net zero by 2060

Aidą Kadyrzhanova in Prague February 22, 2024

New World Bank report charts path to net zero energy in Emerging Europe and Central Asia, but says current ambitions are too modest.

With decisive actions, net zero energy is within reach in Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

With decisive actions, net zero energy is within reach in the Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

Hyundai E&C picked to build new reactor at Bulgaria’s Kozloduy NPP

Denitsa Koseva in Sofia February 21, 2024

Bulgaria plans to boost energy security by expanding the Kozloduy NPP, which has only two working units dating back to the Soviet era.

Bulgarian competition body allows UAE’s Etisalat by e& to buy PPF telecom assets

bne IntelliNews February 19, 2024

CPC allows Middle Eastern investor to acquire indirect control of mobile operator Yettel Bulgaria and telecoms infrastructure provider Cetin Bulgaria from Czech PPF Group.

GlycanAge's pursuit of longevity boosted by $4.2mn seed funding

bne IntelliNews February 19, 2024

GlycanAge will use the funds to scale its business that lets users learn their biological age, as well as diversifying into the broader diagnostics market.

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