Confederations

Germany wants to force debt cuts in EU spending rules

Economic powerhouse Germany wants EU members to be given binding targets to slash their debts under new spending rules being prepared by Brussels, a document seen by AFP has showed.

In November, the European Commission, the EU's executive arm, put forward plans to reform the Stability and Growth Pact that limits how much EU countries can borrow.

Slovenia joins EU action against Hungary over anti-LGBT law

The Slovenian government has decided to join the European Commission's lawsuit against Hungary over its anti-LGBT law. A number of member states and the European Parliament are supporting the Commission's legal action at the EU Court of Justice over what is deemed a discriminatory law.

Bulgaria has the Lowest GDP per capita in the EU

In 2022, gross domestic product (GDP) per capita, expressed in purchasing power standards (PPS), varied between 59 percent from the European Union average in Bulgaria and 261 percent in Luxembourg. This is shown by the latest data of the European statistical agency Eurostat, published yesterday on its official page and quoted by BTA.

European Commission: Bulgaria is not interested in Implementing the Just Transition Plan

The Government of Bulgaria has informed the European Commission that it is not interested in the implementation of the Just Transition Plan this year. This was said in Brussels by the European Commissioner for Cohesion and Reforms, Elisa Ferreira.

Foreign Minister: After October Bulgaria and Romania will have No Obstacles for Schengen

"Bulgaria is able to meet the requirements of the Kingdom of the Netherlands for our country's membership in Schengen as early as this summer, when the European Commission's mission on the specific criteria is expected to meet." This was stated by Foreign Minister Nikolay Milkov, who participates in the Sandanski Young Diplomats Seminar.

Ljubic: Energy to be crucial factor for investments in Serbia

BELGRADE - Competitiveness in the labor market, infrastructure as well as energy prices and stability of energy supplies are some of the factors bringing foreign investors to Serbia, Foreign Investors Council Executive Director Aleksandar Ljubic said on Tuesday, noting that energy would be the key factor in the future.

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