Bulgaria
ING: Consumer not ready to change what they eat to help the environment
By wasting less food and eating less meat and dairy, consumers can help to slow down climate change. However, consumers in the EU have barely changed their diets.
Russian Foreign Minister Lavrov lashes out at West at OSCE meeting in Skopje
North Macedonia's decision to open airspace to allow Lavrov to attend sparked a boycott by Ukraine, Poland and the Baltic states.
COP28: All the climate crisis warning lights flashing red – in charts and maps
The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.
ING: What companies and investors should know about COP28
COP28 will focus on ramping up efforts and investment in climate mitigation, adaptation and loss and damage control. It's now crucial that companies invest in clean technologies, harness climate finance opportunities and contribute to systems change.
Baltic foreign ministers boycott OSCE meeting to be attended by Russia's Lavrov
Host North Macedonia and Bulgaria have suspended Western sanctions to allow Lavrov to fly into the Nato member state for the OSCE conference.
COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024
Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.
VISEGRAD BLOG: Europe's populist surge can still be contained
Hungarian premier Viktor Orban rejoices in 'winds of change' after victory of Geert Wilders’ radical right-wing Freedom Party in the Dutch general election.
Heavy snowfalls leave half Bulgaria without power
The heaviest snowfalls in more than a decade cut power to 1,000 towns and villages and blocked key roads and railways.
Ukraine EU accession talks will be "difficult", European Council President Michel says
The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult".
Illegal caviar trade flourishing in Southeast Europe
Around half of the commercially available caviar products in Bulgaria, Romania, Serbia and Ukraine are illegal, according to a new study.
Bulgaria had EU's biggest population slump in pandemic year 2021
EU regions with the steepest population loss were all in Bulgaria, led by Vidin with a loss of 25.7 per 1,000 people.
INTERVIEW: Green transition must be a just transition, says EBRD chief economist
EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.
Bulgaria’s government close to collapse amid tensions over Russian oil imports
Two of the three formations behind Bulgaria's government are threatening to pull out after disagreements over the end of the derogation for Russian oil imports.
PPF hunts for opportunities in Balkans as it retreats west
Czech financial group is in the process of selling or scaling down its once sizeable consumer credit operations in Russia, China and Southeast Asia.
Bulgaria’s population to shrink below 5mn in 2075
Statistics office's baseline scenario is for Bulgaria’s population to fall to 4.97mn in 2075 from 6.44mn in 2022.
INTERVIEW: Andrew Michta, director of the Scowcroft Strategy Initiative
“If we find ourselves in a situation where Ukraine is cut off financially and runs out of resources, if we force Ukraine into some sort of frozen conflict or armistice, that is a victory for Putin.”
ING: Car market full speed ahead in the run up to 2024
The auto sector maintained momentum throughout 2023, which pushes sales an expected 8% higher. We think that order books and underlying demand will still bring positive developments next year, too.
Local elections bring tectonic changes to Bulgarian political landscape
Reformist CC-DB won seats from populist Gerb, putting the future of the joint government at risk.
Bulgarian refinery secretly helped Russia make €1bn profit despite EU sanctions
Investigation reveals Lukoil Neftochim Burgas refinery in Bulgaria imported over 4.95mn tonnes of Russian crude oil in the first ten months of 2023.
Cleaner air is accelerating global warming
The reduction in atmospheric pollution, often associated with burning coal, oil, and fossil fuels, has led to clearer skies and that means more sunshine, which paradoxically is actually exacerbating global warming, not preventing it.