Ireland

Bulgaria's industrial sector faces a notable downturn, registering an 8.4% year-on-year decline in seasonally adjusted production for February 2024, as per the latest estimates from Eurostat.

In a historic turn of events, Simon Harris has been appointed as Ireland's youngest-ever prime minister, following a parliamentary vote on Monday. The 37-year-old politician, known for his leadership during the early stages of Ireland's response to the Covid-19 pandemic, takes the helm after the unexpected resignation of former Prime Minister Leo Varadkar.

Fifteen words are roiling the global alcohol industry.

Beginning in 2026, containers of beer, wine and liquor sold in Ireland will be required by law to bear a label in red capital letters with two warnings: "There Is a Direct Link Between Alcohol and Fatal Cancers" and "Drinking Alcohol Causes Liver Disease."

According to the European statistical office Eurostat, housing prices, measured by the House Price Index, increased by 0.2 % in the EU during the fourth quarter of 2023 compared to the same quarter of the previous year. However, in the euro area, they decreased by 1.1 %. This marks a continuation of the trend observed in the third quarter, where prices fell by 1.1 %and 2.2 %, respectively.

Bulgaria has joined the Schengen area for free travel, but initially only by air and sea routes. This entails the elimination of border controls for air travel among member countries of the agreement. Here are some key questions and answers for travelers regarding this development:

What is Schengen?

The latest data released by Eurostat, the official statistical office of the European Union, reveals that Bulgaria continues to grapple with the lowest purchasing power within the EU, while Luxembourg maintains its position at the top with the highest purchasing power.

European Union leaders are convening in Brussels to address the escalating crisis in Ukraine and explore significant military and financial measures to bolster support for the country.

Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB).

This three-year term agreement marks the first Islamic finance transaction for the TWF.

Doğan Investment Bank acted as the financial adviser and coordinator for the transaction, the fund said in a statement.

Bulgarian students seeking to pursue higher education abroad continue to favor European countries, with Ireland maintaining its position as the top destination, according to data from educational consultant "Integral".

St. Patrick's Day parades across the U.S. are planned for Saturday, promising to turn one river green in the Midwest, commemorate the bicentennial of a parade in the South and put forth the first female leader of a major beer company as its marshal.