News archive of December 2023
Economic Shift: Bulgaria's Business Climate Slumps in December
Bulgaria faces a challenging turn in its business climate as December reports unveil a decline in the total business climate indicator by 1.8 percentage points (pps), dropping to 19.8% from November's 21.6%. The National Statistical Institute highlighted a downturn primarily impacting construction, retail trade, and services sectors.
Industry Holds Steady but Faces Hurdles
Israel strikes Syria after rocket fire: Israeli army
The Israeli army said early Saturday that it was carrying out strikes in Syria after two rockets fired from the country fell into territory under its control.
"Following the report regarding sirens sounding in northern Israel, a short while ago two launches that were identified crossing from Syria fell in an open area," the army said.
China tensions rising, US revives WWII-era Pacific airfield
In the middle of the Pacific ocean, an abandoned U.S. airfield once key to dropping the nuclear bomb on Japan — and nearly lost to history amid encroaching forest — is being revived.
But as the Americans hack away at the jungle overgrowth at Tinian island airfield and other old, World War II-era bases across the region, it won't be with Japan on their mind.
'Massive' Russian strikes kill at least 30 across Ukraine
Russia launched a massive air attack over Ukraine on Friday, killing at least 30 people and wounding scores across the country in the fiercest assault since the first days of the war nearly two years ago.
Schools, a maternity hospital, shopping arcades and blocks of flats were among the buildings hit in the barrage, said Ukrainian officials.
Enel completes sale of stake in Greek subsidiary
Italy's Enel group announced on Friday that, through its wholly owned subsidiary Enel Green Power (EGP), it has completed the sale of 50% of Enel Green Power Hellas (EGPH), wholly owned by EGP, to Macquarie Asset Management, through Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2), after the fulfillment of all conditions customary for this type of transaction, including approva