US President Joe Biden has signed the Ukraine Democracy Land Lease Act of 2022. This will allow the U.S. to fund Ukraine's defense against Russian aggression without administrative delay. The act is similar to the Lend Lease Act signed by President Franklin Roosevelt back in 1941, according to which the United States financed its allies, including the USSR, in the fight against Nazism during World War II, Reuters reports.
The European Commission has been planning a 15 billion euro bond issue in order to finance Ukraine over the next 3 months, Politico reported, quoting diplomats in Brussels. The mechanism will be similar to the SURE program used during the coronavirus pandemic.
Russian President Vladimir Putin has ordered the establishment of a working group on international payments, as its tasks include determining the conditions for transactions with "unfriendly" nations, TASS reports. Poland and Bulgaria refused to comply with Russian requirements and Moscow cut off gas deliveries for the two countries. Moscow says the same would happen to anyone else who did not comply with the new payment terms.
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
Artificial intelligence is now built entirely from classical computers with algorithms, while artificial intelligence based on quantum computers will be much faster and more functional , says doctoral student Ivo Mihov from the Center for Quantum..
The Bulgarian Sunday school "Priest Alexander Cikirik" in the town of Edirne close to the Bulgarian-Turkish border is now attended by 55 children. It was opened in 2017 at the Consulate General of Bulgaria. In one school year, the children there..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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