Norway

60.38
5.34

EU shifts to digital visas for Schengen area

People applying for visas to visit Europe's Schengen area will soon do so via an online platform, under a change adopted by EU foreign ministers.

The shift towards digitalization of the visa process will also do away with the need for applicants to get a sticker in their passport, meaning no more appointments at consulates or service providers' offices.

Bulgaria Joins European Sky Shield: A Look into Defense Integration

Bulgaria has recently embarked on a significant strategic move by aligning itself with the "European Sky Shield Initiative" (ESSI), a collaborative air defense project led by Germany, aiming to fortify Europe's defenses against evolving aerial threats, primarily emanating from Russia.

EU Shatters Speed Limits: Get Ready for 10-Second Euro Transfers

In a landmark development, the European Union (EU) has ushered in a new era of financial transactions with the introduction of instant Euro transfers that take just 10 seconds. This transformative change is the result of an agreement between EU member states and the European Parliament, underpinned by a proposal made by the European Commission a year ago.

Greek startup environment is world’s 37th friendliest

According to the ranking of StartupBlink ("Top 100 Countries for Startup-Business Friendliness 2023"), an organization that evaluates and maps the startup ecosystems of 1,000 cities in 100 countries worldwide, Greece is among the countries with the friendliest business environment for startups, coming in at 37th place and moving up six places compared to the previous count. 

Norway sovereign fund loses $34 bln in third quarter

 

Norway's sovereign wealth fund saw a negative return of 2.2 percent in the third quarter, the country's central bank said yesterday, losing the equivalent of nearly $34 billion.

The Norway Government Pension Fund Global lost 374 billion kroner during the three-month period, with its value falling to the equivalent of $1.34 trillion at the end of September.

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