Bulgaria's Road to Eurozone Stalled: Political Crisis Inflicts Billion-Lev Blow
As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident
The Spanish economy may lose up to € 12 billion as a result of the recession in the tourism sector because of the Catalonian crisis. These data is reported in "Rasson" and BGNES, citing the research company "Reputation Institute".
According to the report, compared to March this year, Spain's popularity as a tourist destination among Europeans fell by 3.1 points due to the political conflict in Catalonia. In addition, six out of ten citizens on the Old Continent believe that the so-called "Spanish brand" has already suffered from the region's crisis. In this respect, real investment across the country may drop to 1.95%.
On October 27, the Parliament of Catalonia adopted a resolution on the proclamation of an independent republic. The Spanish Senate then approved Madrid's request to activate Article 155 of the Constitution of the Kingdom to restrict the self-government of the region. The local leader, Carles Puigdemont, was removed from office, and the regional parliament was disbanded. Elections are due on 21 December.
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Turkey has thrown its support behind outgoing Dutch Prime Minister Mark Rutte for the position of NATO Secretary General,
The US Congress has finally approved a long-awaited aid package for Ukraine, totaling nearly 61 billion USD, including military assistance
German Foreign Minister Annalena Baerbock has issued a compelling call for the expedited integration of candidate countries from the Western Balkans into the European Union
Ukrainian forces have undertaken a strategic withdrawal to new positions in at least three key area
French President Emmanuel Macron has ignited controversy by calling for France's nuclear arsenal to be integrated into the European defense discourse
In a candid interview with German media, Kyiv Mayor Vitaly Klitschko has lambasted the Ukrainian government for its perceived inadequacies in combating corruption within the country
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022