Bulgaria's Services Sector Grows 4.2% Year-on-Year in June, Outpacing EU Trends
In June, Bulgaria's services sector saw a monthly production increase of 0.6 percent, while Eurostat data showed a decline in the EU for the same period
The European Union has stated that Ukraine's recent incursion into Russia's Kursk region is considered a "legitimate military action of self-defense." A spokesperson for Josep Borrell, the EU's foreign policy and security chief, emphasized that Ukraine has the right to defend itself, including striking enemy forces within Russian territory. The Russian Defense Ministry reported that approximately 1,000 Ukrainian soldiers are involved in the ongoing offensive, leading to the declaration of a state of emergency in Kursk Oblast. The EU reiterated its full support for Ukraine's self-defense efforts and committed to continuing its political, financial, humanitarian, diplomatic, and military aid to Kyiv.
Meanwhile, Russia has experienced widespread disruptions to YouTube access, as reported by Russian internet traffic monitoring services. Thousands of outages were recorded, with users only able to access the platform through virtual private networks (VPNs). Some users reported that YouTube was not functioning at all, while Reuters correspondents in Russia also faced difficulties accessing the site, although it remained available on certain mobile devices. The speed of YouTube downloads in Russia has notably slowed in recent weeks, a situation Russian lawmakers attribute to Alphabet, YouTube's parent company, which denies these allegations.
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Hungary is considering legal action to compel the European Union’s executive commission to reimburse the costs it has incurred for border protection
The European Union is grappling with a sharp increase in both legal and illegal migration, leading several member states to implement temporary border checks
A scandal from six years ago, involving the alleged sale of Bulgarian passports, could jeopardize Ekaterina Zaharieva's candidacy for European Commissioner
According to Fitch Ratings, the European Central Bank (ECB) and central banks across the European Union are expected to endure "prolonged losses" due to increased borrowing costs
An additional 800 billion euros per year in investments are needed by the European Union to undertake rapid and substantial reforms to address its lag behind the United States and China
Politico reports that Ekaterina Zaharieva is likely to be assigned the role of European Commissioner for Crisis Management and Humanitarian Aid in the next European Commission
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