Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
A devastating fire near Athens this week has scorched an area of 104 square kilometers, nearly twice the size of Manhattan, according to the European Union's satellite monitoring and mapping agency, Copernicus. The blaze, which erupted northeast of the Greek capital, destroyed dozens of homes and businesses, prompting several countries to send aid to Greece to help combat the flames, as reported by the Associated Press.
The fire, which swept through mountainous regions south of Athens, claimed the life of a factory worker and enveloped the city in thick smoke. Greek authorities confirmed that the fire had damaged 22 businesses and rendered at least 78 houses uninhabitable, with almost half of them completely destroyed. Inspections of the affected areas are expected to continue in the coming days.
Copernicus released its damage assessment a day after the forest fire was brought under control on the outskirts of Athens. The fire is attributed to a series of heat waves that have gripped southern Europe, along with unusually low levels of rainfall this year.
An updated estimate from the National Observatory in Athens revealed that over the past eight years, 450 square kilometers of forest have burned in the Attica region, which encompasses Athens. This accounts for 37% of the region’s total forested area.
Croatia is reintroducing mandatory military service after a 17-year break, with the government unveiling a new law that will reinstate basic training for young men starting no later than January 2026
A strong earthquake struck southwestern Turkey during the early hours of Tuesday
Macedonian Prime Minister Hristijan Mickoski accused Bulgaria of attempting to portray the people of North Macedonia as an “artificial nation”
Early this morning, an explosion rocked the Krušik defense plant in Valjevo, Serbia, resulting in five people sustaining minor injuries
The Patriarchate in Belgrade has accused Bulgaria of genocide against the Serbs in "Vardar Serbia", pointing to the systematic extermination of entire Serbian families with the aim of eradicating the Serbian national spirit
In Greece, the housing crisis is becoming more severe, with the government now considering the introduction of a punitive tax on owners of vacant properties
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe