Send to Kindle
Source: Twitter
The World Bank will stop funding for exploration and extraction of oil and gas by 2019, the financial institution at the climate summit announced on Tuesday aimed at boosting the transition of the global economy to cleaner energy, reports BNT.
"The World Bank will no longer finance oil and gas extraction after 2019," said in a statement in Paris where world leaders are trying to unlock more money to shift the use of fossil fuels that raise the temperature of the Earth.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Inflation in Turkey soared to a staggering 68.5% year-on-year in March, according to data released by the Turkish Statistical Institute Turkstat
Ukraine's Prime Minister Denys Shmyhal announced on Friday that the country has obtained a $1.5 billion tranche from the World Bank program
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
IMF Managing Director Kristalina Georgieva delivered a keynote address at the World Government Summit in Dubai, where she offered insights into the state of the global economy and shared her perspectives on various pressing issues
Recent data released by the Bulgarian National Bank (BNB) reveals a significant uptick in both deposits and loans during December 2023, signifying positive economic dynamics in the country
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
