Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Fears of a harsh winter in Europe are increasing - in a post on Twitter, the Belgian energy minister warned that the countries of the Old Continent are facing "between five and ten terrible winters" if nothing is done to reduce gas prices.
According to Tinne Van der Straeten, the prices of blue fuel must be frozen immediately and the artificial link between gas and electricity prices must be ended. Austrian Chancellor Karl Nehammer also called for this.
Statistics show that prices per megawatt hour of electricity in France and Germany have increased tenfold for the year. Calls for Brussels to cap gas prices and remove the link between the price of the blue fuel and that of electricity are increasing. Energy prices went up sharply because of Russia's invasion of Ukraine.
Western countries are looking for alternative sources of Russian gas and oil, but this is a process and cannot happen so quickly, experts explain. Only a year ago, the EU received 40% of blue fuel from Moscow. Its supply is now severely limited.
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The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
French President Emmanuel Macron issued a stark warning to Europe, urging the continent to confront the challenges of a rapidly changing world
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022