War in Ukraine and Falling EU Demand Drive Bulgaria’s 2025 Export Decline
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Photo by BGNES
Voters in Bosnia-Herzegovina are heading to the polls on Sunday in a period of growing social tensions, ethnic disputes and corruption thwarting any EU accession effort.
Nearly 3.3 million are eligible to vote as the country has to elect the three-member Presidency (consisting of a Croat, Muslim and Serb representatives) and the lawmakers to form a new national legislature.
In Republika Srpska, one of the country's two basic entities, citizens also have to cast a ballot to choose their President and Vice President.
Both the Republika Srpska (Serb-populated) and the Federation of Bosnia and Herzegovina (a Muslim-Croat federation) have to elect their own regional Parliaments on Sunday as well.
As many as 65 political parties, 24 coalitions and 24 independent candidates are running to take over the leading positions in the country populated by 3.87 million people, with people in party lists numbering 7748, according to local media outlets.
The former Yugoslav republic was rocked by anti-government protests earlier this year, with thousands of disgruntled citizens venting their anger at the cabinet's failure to fight corruption and to pursue political and economic reform.
Members of the two entities, but representatives of the three ethnic groups composing the country as well, are unanimous that changes are needed to amend the constitution created for Bosnia with the Dayton peace agreement after the terrible war it went through in the 1990s.
However, no consensus has been reached on the essence of the most urgent reforms. Autonomy is mostly the single demand Croats have voiced so far, Muslims have pledged unity and Serbs have insisted that the country should be dissolved.
Floods that hit Southeast Europe in the summer of 2014 did not leave the country unaffected, with total damages estimated at EUR 2 B, or about 15% of GDP.
Forty-four percent of Bosnia's active population are unemployed.
According to the 2025 Corruption Perceptions Index (CPI) released by Transparency International, Serbia has recorded its lowest ranking in 20 years, placing 116th out of 182 countries and territories
The Romanian government is moving to reshape the country’s economy by shifting the focus from consumption-driven growth to investment-led development, according to Finance Minister Alexandru Nazare.
Sinisa Karan has been confirmed as the new president of Republika Srpska following a repeat early election held to replace the banned Bosnian Serb leader Milorad Dodik, according to final results.
At least 14 people have died after a migrant speedboat collided with a Greek coastguard patrol vessel near the eastern Aegean island of Chios, according to Greek authorities. The incident occurred at sea, prompting an immediate large-scale search and resc
Greek national security agencies have launched an investigation into the growing number of land and property acquisitions in Northern Greece by citizens from Bulgaria and Turkey
President of North Macedonia Gordana Siljanovska-Davkova stressed that the Macedonian language remains a fundamental pillar of national identity and cultural self-awareness, speaking at the opening of the Sixth Winter School of the International Seminar f
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace