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Bulgaria Sees Strong Growth in New Car Sales Amid EU Market Shifts

In Bulgaria, 26,945 new cars were registered during the first seven months of the year, reflecting a 28.4% growth compared to the same period in 2023, as reported by BGNES. This positions Bulgaria as one of the leaders in market growth, maintaining its strong performance with an annual growth rate of 30.8% in the first half of the year.

Erdoğan welcomes new ambassadors in Ankara

President Recep Tayyip Erdoğan accepted letters of credence from six newly appointed ambassadors during a ceremony at the presidential complex in Ankara on Aug. 29.

The ambassadors are Germany's Sibylle Katharina Sorg, Denmark's Ole Toft, Switzerland's Guillaume Bertrand Scheurer, Ghana's Nicholas Peter Andoh, Latvia's Bahtijor Hasans and Maldives' Abdul Raheem Abdul Latheef.

€101.5 mln in EU aid for Thessaly

The European Commission proposed Tuesday to provide Greece with €101.5 million in aid to support recovery efforts from the disastrous floods of September 2023.

The support is part of a €1 billion package to help Greece, Italy, Slovenia, Austria and France to deal with the impacts of the severe floods that hit these countries in 2023.

Cycling the Western Balkans: A wild, yet welcoming, mountain tour

"Hey mate!" a cyclist called to us in an Australian accent as he pedaled by on the rocky dirt road that serves as the main street of the village of Theth deep in Albania's Dinaric Alps. Along with my friend and travel companion, Dave, I had not seen another bikepacker in four days.

European Commission offers financial support of €101.5 mln for 2023 floods

The European Commission is proposing financial support worth €101.5 million for Greece to support recovery efforts following the floods caused by storms Daniel and Elias last year.

The support is part of a €1 billion package to help Greece, Italy, Slovenia, Austria, and France to deal with the impacts of the severe floods that hit these countries in 2023.

Greece places low on the innovation scoreboard

Despite some progress, Greece remains stuck in 20th place among the 27 European Union members on innovation, according to the annual "European Innovation Scoreboard" report released by the European Commission.

It held the same place in 2010, when the financial crisis blew up in full force. While not the worst, Greece's scores are at best middling and below the EU average.

Bulgaria's Informal Employment Rate Stands Out as One of the Lowest in Europe

Informal employment, which refers to work without formal contracts or social benefits, is a widespread issue globally. The International Labor Organization (ILO) estimates that 58% of the world's workforce is engaged in such informal labor. This figure highlights the prevalence of non-contracted work across various sectors.

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