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Austerity measures, the levy on bank deposits, and unprecedented capital controls led to mass protests across Cyprus. Photo by EPA/BGNES
Authorities in Nicosia have launched an investigation after Greek media published the names of politicians who allegedly had loans forgiven by three Cypriot banks at the height of the crisis.
BBC reports Sunday that the Bank of Cyprus, Laiki and Hellenic Bank apparently wrote off loans of EUR millions to companies, local authorities, and politicians from some of the island's biggest parties.
The list has now been handed to the ethics committee of the Cypriot Parliament.
Bulgaria’s retailers are increasingly facing an unusual but growing challenge – customers arriving with jars full of small coins to pay their expenses
As the clock strikes midnight and Bulgaria welcomes 2026, the country will also enter a historic financial shift - the beginning of its transition to the euro
Small and medium-sized enterprises in Bulgaria are expected to face the greatest difficulties once the euro becomes the country’s official currency in 202
Bulgaria’s transition to the euro is approaching, and from January 1, 2026, the European currency will officially replace the lev
The Bulgarian National Bank has presented informational materials introducing the design of Bulgaria’s euro coins
Former German Foreign Minister Sigmar Gabriel has described Germany’s misunderstanding of Russian President Vladimir Putin’s intentions as one of the greatest failures in the country’s foreign policy
Former German Foreign Minister Sigmar Gabriel has described Germany’s misunderstanding of Russian President Vladimir Putin’s intentions as one of the greatest failures in the country’s foreign policy
Russia’s Foreign Ministry has criticized Serbian President Aleksandar Vucic after his recent remarks to a German publication about selling ammunition to European Union countries
The European Commission has introduced stricter rules on issuing visas to Russian citizens
Romania has urged the United States to reconsider its plan to withdraw hundreds of troops stationed in the country, warning that such a move could undermine NATO’s unity and play into Russia’s hands
Russia currently has the capacity to carry out a limited strike on NATO territory at any time, although whether it will do so depends largely on the stance of Western allies
NATO has regained the upper hand in ammunition production, surpassing Russia after a period during which Moscow outpaced the alliance
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
