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Europe

European Elections: Estonian Parties Focus on Environment
Politics
European Elections: Estonian Parties Focus on Environment
In their election manifestos for the European Parliament, the political parties have paid a lot of attention to environmental issues; there is talk of steps towards climate neutrality, but also of issues that directly affect Estonian entrepreneurs and rural life. The Reform Party\'s program links the environment with security. According to candidate Hanah Lahe, the party emphasizes restoring and preserving biodiversity.
Through Green Deal, EU Has Declared War on Entrepreneurship
Politics
Through Green Deal, EU Has Declared War on Entrepreneurship
An EU sustainability regulation, part of the Green Deal, risks making entrepreneurship almost impossible in the European Union. By aiming to “harmonize” at the EU level the criteria for which economic activity “qualifies as environmentally sustainable”, the regulation in question will make doing business in the EU unnecessarily difficult. Complying with environmental legislation in the European Union, besides being controversial, is already very complicated.
Looking Beyond Bulgaria: Fiscal Stability of the Baltic States
Economy
Looking Beyond Bulgaria: Fiscal Stability of the Baltic States
In recent months, the topic of budget deficits has taken center stage in heated debates among economists and politicians, garnering significant attention in the media. In April, the caretaker government proposed a budget with a notable deficit of 6.1% of GDP for 2023. In June, Finance Minister Asen Vasilev proposed a new budget with a negative balance of 3%, which is right at the limit for fiscal stability as set in the Maastricht criteria of the European Commission.
Recovery Plan And Resilience Is Faltering in Bulgaria, And With It, The Reforms
Economy
Recovery Plan And Resilience Is Faltering in Bulgaria, And With It, The Reforms
The new government was elected already in June, but it remains to be seen how it will begin to solve the pressing problems caused by the lack of regular governance in the months before. The budget is one such priority, but let\'s not forget what happened with the National Recovery and Resilience plan (NRRP). Let\'s recall - the plan was adopted two years ago with a significant delay, which was the reason why Bulgaria failed to receive an advance payment for its implementation.