News in the category "European Community"

Consumer credits: why updated EU rules are needed

Bank cards
11.08.2022 / 19:30

MEPs support updating EU rules on consumer credit to protect consumers faced by new digital options and the difficult economic situation.

Consumer credits are loans for the purchase of consumer goods and services. They are often used to pay for cars, travel as well as for household goods and...

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Radan Kanev asks European Commission whether gas interconnector with Greece is being deliberately delayed

Radan Kanev
10.08.2022 / 21:38

Bulgarian MEP Radan Kanev has asked the European Commission whether it was monitoring the finalization of the project for the Greek-Bulgarian gas interconnector and whether the governments of Bulgaria and Greece have provided explanations for the reasons behind the delay. Kanev also asked whether...

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Hungary and Poland are Against the EU's Plan to Reduce Gas Consumption
06.08.2022 / 13:24

Hungary and Poland voted against the EU's plan to voluntarily reduce gas consumption by 15% compared to the five-year average for the period from 1 August 2022 to 31 March 2023.

According to EU information, the mentioned countries are the only ones opposed to the initiative.

Budapest disputes the...

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Asylum and migration in the EU: facts and figures

Infographic on migration in Europe
05.08.2022 / 20:06

Migration in the EU has been affected by crises such as the Covid-19 pandemic and Russian hostilities. Check out the latest figures in our infographic.

Restrictions put in place because of the coronavirus pandemic led to a reduction in migration, but numbers started rising again in 2021. Recent...

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Vestbee: VC Funding In CEE reached over €2B in the 2nd quarter of 2022

Euro money
05.08.2022 / 10:56

Vestbee, the leading platform for startups, VC funds, accelerators, and corporates in Central & Eastern Europe, has just published VC Funding In CEE Report - 2Q 2022. According to this quarterly overview, the total value of disclosed funding rounds closed in the CEE region exceeded €2B. The...

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IMF urges Europe to Shift Energy Costs to Wealthier Consumers

European Parliament
03.08.2022 / 21:41

The IMF has called on European governments to pass on rising energy costs to wealthier consumers to encourage "energy conservation" and a switch to greener energy, the Financial Times reports.

Governments across Europe have tried to protect households from skyrocketing costs with broad...

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Bulgaria to receive first transfer under Recovery and Resilience Plan in the autumn

European Union
01.08.2022 / 20:31

Bulgaria has signed an agreement on operational arrangements with the European Commission. This is the last necessary agreement under the Recovery and Resilience Plan before the country can submit an official request to receive funds under the mechanism, the Ministry of Finance has reported. The...

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Bulgaria has great potential for development, EC President Ursula von der Leyen says

Ursula von der Leyen
01.08.2022 / 19:40

According to President of the European Commission, Ursula von der Leyen, Bulgaria has great potential for development. “I have seen this myself in Sofia, where I have met many young and talented people with fresh ideas and great optimism for the future. The key issue is overcoming obstacles...

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EP leaders condemn Prime Minister Orbán’s recent racist declarations

European Parliament
01.08.2022 / 10:16

EP political group leaders adopted a statement Friday condemning the openly racist declarations by PM Viktor Orbán and underlined that these declarations are in breach of EU values.


Statement of the Conference of Presidents:

“We, the leaders of the Political Groups of the European...

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EU Countries will Jointly Buy Flu Vaccines in the event of a Pandemic

European Parliament
29.07.2022 / 20:34

The European Commission has signed a framework agreement for the joint supply of influenza vaccines. The document was initialed by the European Health Emergency Preparedness and Response Authority (HERA).

"Preparation is essential in the event of a public health emergency. The Covid pandemic...

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