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PM Borissov and Maria Gabriel Discuss the Construction of a Supercomputer in Bulgaria

Bulgaria will be one of the eight countries where a European supercomputer will work on a world level, reported NOVA TV.

Supercomputer in Bulgaria - topic of conversation between Prime Minister Boyko Borissov and EU Commissioner Maria Gabriel. Bulgaria will be one of the eight countries where a European supercomputer will work on a world level.

Southern EU leaders express support for Cyprus amid Turkish energy ambitions

The leaders of France, Italy, Malta, Portugal and Spain on Friday expressed their unreserved support for the Republic of Cyprus' right to drill for gas in its exclusive economic zone and called on Turkey to respect international law and the principles of good neighborly relations.

EU must take 'specific measures' against Turkey's 'illegal behavior,' says PM

The European Union should take "specific measures" against Turkey if Ankara persists with its "illegal behavior" in the eastern Mediterranean, Greek Prime Minister Alexis Tsipras told the South EU Summit in Malta on Friday.

"The key pillar of our position is respect for international law and that anyone who doesn't respect it should face the consequences," Tsipras told the summit.

Eurozone banks are still piling up new bad loans

Eurozone banks are still seeing a "high" number of loans go unpaid and borrowers declare default despite years of economic growth, the European Central Bank's top supervisor Andrea Enria said on Friday.
But Enria also praised the sector's "ambitious" plans to reduce a mountain of nonperforming loans (NPLs) inherited from the last recession.

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