North Macedonia and Kosovo set economic goals

Business 19 November 2024 10:20

The Prime Minister of the Republic of North Macedonia, Hristijan Mickoski, during his speech at the joint meeting with the Government of Kosovo, announced that the economic cooperation between the two countries will be over half a billion euros, CE Report quotes Kosova Press.

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Hungary's MOL Reportedly Bidding for Lukoil Neftohim, Bulgarian Energy Minister Comments

23 December 23:55

Caretaker Energy Minister Vladimir Malinov stated on Monday that the Bulgarian government is closely monitoring the potential sale of Lukoil Neftohim but cannot directly intervene in the ownership transfer process, as the refinery is majority-owned by private shareholders.

Moldova Launches Contest for ANRE Director Positions

23 December 17:00

Radu Marian, chairman of Moldova's parliamentary commission on economy, budget, and finance, announced a contest to select candidates for the position of director on the Board of Directors of the National Agency for Energy Regulation (ANRE).

Greek Tourism Revenues Expected to Surpass €20 Billion in 2024

23 December 16:00

Tourism Minister Olga Kefalogianni announced that Greek tourism revenues are projected to exceed €20 billion in 2024.

Holiday Shopping Season Expected to Break Records with Extended Hours

23 December 10:00

The holiday market is in full swing as Christmas and New Year's approach, with traders predicting a turnover exceeding €4 billion—surpassing last year's figures.

Greece’s Economy: GDP Growth and Inflation Projections for 2024-2027

20 December 23:55

Greece’s GDP is projected to grow by 2.3% in 2024, accelerate to 2.5% in 2025, and then gradually decrease to 2.3% in 2026 and 2.0% in 2027, according to the Bank of Greece (BoG).

Moldova to Prioritize Domestic Renewable Energy Consumption Starting 2025

20 December 21:00

Starting January 1, 2025, Moldova will implement a mechanism allowing Energocom to prioritize purchasing renewable energy on the market to address domestic deficits.

Greece Records Second Lowest Food Inflation in EU for November

20 December 20:00

Greece reported the second lowest food inflation rate among the 27 EU member states in November, signaling a significant easing of supermarket cost pressures on households.

Moldova Increases Electricity Imports from Romania Amid Power Plant Limitations

20 December 18:00

Moldova’s electricity imports from Romania have surged in December 2024, as the Moldovan thermoelectric power plant (MGRES) operates with only two power blocks.

Government Proceeds with Reforms to Support Pensioners and Vulnerable Citizens

19 December 23:55

The Greek government is advancing a series of reforms aimed at boosting incomes for low-income pensioners and supporting vulnerable citizens, National Economy and Finance Minister Kostis Hatzidakis announced in Parliament on Thursday.

EU Renewable Energy Consumption Rises in 2023 but Remains Below 2030 Target

19 December 21:00

Renewable energy sources (RES) accounted for 24.5% of electricity consumption in the European Union in 2023, a 1.4% increase compared to 2022, according to Eurostat. Bulgaria saw a notable rise, with 22.58% of its electricity coming from RES, up 3.56% year-on-year, ranking it 14th among EU nations.