The Slovak government will give €1.25 billion to energy aid next year in an effort to prevent a 20% increase in household electricity charges, Slovak Economy Minister Denisa Saková said on Wednesday. The European Commission expected Slovakia will put an…
Russian oil company Lukoil is considering all possible options for the future of its Bulgarian business, including the sale of the Balkans’ largest refinery, Neftochim Burgas, and its vast network of petrol stations and oil depots in the country, the…
Romania aims to have over eight gigawatts (GW) in photovoltaic renewable energy production units installed by 2030, Romanian President Klaus Iohannis said at the COP28 climate summit in Dubai over the weekend following his country’s accession to the International Solar…
The agreement on the loss and damage fund to compensate the victims of climate change is the first major success of the COP28 climate summit in Dubai, but in practical terms, the figures put on the table will not make…
French ministers will have to stop using WhatsApp, Telegram, and Signal as messaging services starting 8 December for security reasons, with the government already urging them to switch to a new French-made messaging app called Olvid. In a government note…
Portugal recorded a budget surplus in public accounts of €6.2 billion for the year as of October, which is €3.4 billion more than for the same period last year, Portugal’s Finance Ministry said on Thursday. In a statement, the ministry…
A dire talent shortage is threatening the success of vital industries in Germany, according to an annual report from the Association of German Chambers of Industry and Commerce (DIHK), a business association. Despite Germany’s economic stagnation, eight out of ten…
The Bureau International des Expositions voted for the Expo 2030 to be held in Riyadh, beating Italy and Busan, with some alledging corruption may have influenced the outcome. Saudi Arabia won with 165 out of 182 votes, while Busan got…
The business empire of Austrian mogul René Benko is bankrupt and filing for bankruptcy, the group announced on Wednesday, adding that operations would continue for the time being. Going forward, a consortium of investors led by Austrian construction mogul Hans…
The extent to which Uber will go to avoid playing by the rules is unprecedented in the Netherlands (Photo: Paul Hanaoka) After working with people in unusual employment situations for a decade, I thought I had seen it all as…
Serbia lacks over 20,000 professional workers, as many are moving abroad or quitting because of working conditions, Goran Aleksić, the director of the Business Association of Road Traffic Serbia Transport, told Euractiv, adding that over 50% will be gone by…
A court on Monday (20 November) convicted more than 230 defendants at the end of one of Italy’s largest-ever mafia trials which targeted the ‘Ndrangheta crime group in its heartland in the southern region of Calabria. More than 330 suspected…