Bulgaria
Plants absorbing less carbon dioxide in 2023, accelerating global warming
Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.
How energy intensive are data centers?
While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.
Earth records hottest year since records began
Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.
Six out of nine “planetary boundaries” have been crossed and a tenth has appeared
Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.
Chances of forming a new government in Bulgaria fade away
Bulgaria is on the brink of its seventh general election since 2021.
The eurozone's recovery is losing momentum, according to poll
The latest economic data indicates that the eurozone's recovery is losing momentum, with industrial production continuing to drag on growth and sentiment indicators suggesting a weakening in the strong momentum seen earlier this year.
Digital wallet company Kuady opens office in Bulgaria to expand fintech IT team
Kuady seeks Bulgarian tech talent to underpin expansion in Latin America, Europe and Africa.
Heatwave sparks surge in electricity use in coal-dependent Balkans
Vicious circle as increased use of electricity for air conditioners drives demand from coal-heavy power sector.
Shelly debuts on Bulgarian Stock Exchange's EuroBridge dual listing segment
IoT company Shelly Group becomes first company to trade on newly launched EuroBridge.
European Commission President Ursula von der Leyen vows to build a Defensive Europe following her re-election
The European Parliament has re-elected Ursula von der Leyen to a second term as President of the European Commission on July 18, who vowed to build a “Defensive Union” to counter Russia’s aggression.
COLLINGWOOD: Atlanticists vs. Autonomists - The battle for the strategic future of the European Union
In Europe’s capital cities and among its elites a great but undeclared battle is being fought for the future of the European Union. One side is heavily outgunned. The other side is dominant. But the race is on.
Polish Renters.pl buys majority stake in Bulgaria's Flat Manager
Deal is private equity backed Renters.pl's first international acquisition as it embarks on expansion in CEE.
Investment into green energy to top $2 trillion in 2024 for first time – IEA
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
Europe headed for mini-ice age as AMOC tipping point approaches – paper
A recent study finds that the AMOC (Atlantic Meridional Overturning Circulation) is on course to stop flowing, at the latest, within the next 75 years, causing a mini-ice age in Europe and could disrupt the entire planet's weather patterns.
Southeast European countries battle wildfires amid latest heatwave
North Macedonia the latest to appeal for international help to fires in inaccessible mountain areas.
Germany may pipe in 100 TWh of green hydrogen by 2035, says study
Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.
ING: What is the impact of immigration on eurozone inflation?
Immigration can affect inflation and, in turn, monetary policy in two opposing ways. And the jury’s still out as to its overall impact on the eurozone.
Bulgaria’s parliament rejects Gerb-nominated government
Parties struggle to put together a majority after sixth general election in three years.
VISEGRAD BLOG: Can Europe stand firm in its support for Ukraine as it struggles to contain Russian aggression?
With the Netherlands, Belgium, France, Bulgaria and probably Austria this autumn lurching to the right, isn’t it only a matter of time before the balance in Europe shifts in favour of pressuring Kyiv to accept “peace” on the Kremlin's terms?
wiiw sees brighter growth prospects for ‘resilient’ Emerging Europe
Growth is mainly driven by a strong rise in real wages, leading to higher private consumption, while EU members are showing resilience in the face of Germany's economic downturn.