Bulgaria
GlycanAge's pursuit of longevity boosted by $4.2mn seed funding
GlycanAge will use the funds to scale its business that lets users learn their biological age, as well as diversifying into the broader diagnostics market.
CEE losing competitiveness because of soaring wages and weak productivity growth
Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics
Clear east-west divide in EU for gender balance in science and engineering
Female employment in science and engineering is well above 50% in multiple regions of Central and Southeast Europe, Eurostat figures show.
Bulgaria and Romania to revive €6bn Danube hydropower project
Neighbouring countries are updating old plans to build a major new hydropower plant on the Danube between Nikopol and Turnu Magurele.
Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point
The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.
Protesting Bulgarian farmers flood Sofia streets with milk
Bulgarian government signs agreement with two agricultural groups but other farmers hold out for higher subsidies and the resignation of Agriculture Minister Kiril Vatev.
EU may sanction Chinese companies for the first time for facilitating Russia’s flourishing trade with friendly countries
The EU is contemplating the unprecedented step of imposing sanctions on three Chinese companies alleged to be aiding Russia's military actions against Ukraine, Bloomberg reports.
Hydrogen production and demand to grow in 2024, but only slowly
Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.
Oil and gas companies to invest over $1 trillion in the next decade expanding production
A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.
LONG READ: Voters prepare to punish North Macedonia's ruling SDSM for broken promises
Shift back to nationalist VMRO-DPMNE over SDSM's controversial concessions to North Macedonia's neighbours and domestic policy failures.
Protesting farmers threaten to occupy Bulgarian capital
Farmers to intensify daily protests unless demands for more subsidies and the resignation of Agriculture Minister Kiril Vutev are met.
Five companies interested in building new reactors at Bulgaria's Kozloduy NPP
Russian companies not allowed to bid for expansion of Bulgaria's only nuclear power station, intended to ensure country's energy security.
Bulgaria's Boleron seeks to raise €6mn in IPO
Digital insurance broker Boleron has scheduled its IPO on the BEAM growth market of the Bulgarian Stock Exchange for February 15.
wiiw projects brighter 2024 for Emerging Europe
Vienna-based think-tank expects growth to get back on track this year, but warns of risks from a Trump victory in the US and escalation of fighting in Ukraine or Gaza.
NEO: EU green ambitions under siege amid Red Sea crisis, Russian aluminium ban fears
The EU has long positioned itself as a global champion of green energy and the world’s battle against climate change but the Red Sea Crisis and a mooted ban on Russian aluminium imports are undermining those goals.
Balkan politicians propose new ‘mini Schengen’ for Bulgaria, Greece and Romania
Scrapping land border controls in Southeast Europe to benefit economy and environment.
Red Sea shipping disruptions to hit Europe via industry and inflation
BMI analysts say Hungary, Ireland and Slovakia to be worst affected, but no major impact on GDP unless Middle East conflict persists.
OUTLOOK 2024 Central Europe
2023 was a good year for centrist parties in elections in Central Europe and the Baltic states, particularly given the dire economic environment and worrying geopolitical picture.
Crypto lender Nexo sues Bulgaria for over $3bn
Nexo says charges were politically motivated, and scuppered plans for IPO and lucrative football club deal.
Rightward shift expected across EU in May European Parliament elections
ECFR report indicates strong performance for anti-European populist movements across much of the EU, including Visegrad Four states.