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Category: Global Economy
Prime Minister Rumen Radev said Friday that Bulgaria will only allow U.S. military aircraft on its territory until the end of June.
Poland has received preliminary approval from the U.S. State Department to localize production of missiles for Patriot air defense systems.
The Civil Aviation Authority (CAA) will improve its response to cyber threats by creating a specialized unit and expanding its staff.
EU authorities are making vigorous efforts to strengthen technological sovereignty and reduce dependence on external suppliers of critical components.
Integration processes within the Eurasian Economic Union (EAEU) are strengthening, which will allow mutual trade volumes to reach $100 billion in 2026.
British artist Iain Alexander (Iain Alexander) said that he discussed with Donald Trump the design of the proposed 250-dollar U.S. banknote. The idea of its issuance is already being considered in structures related to the administration.
The Romanian Ministry of Finance will allocate 100 million euros for a program for Romanians living abroad who want to start a business in the country. The program is called “Diaspora Investește Acasă” (“Diaspora Investește Acasă”). The program provides loans up to 500,000 euros, with a grant component of up to 60% of the investment loan, but not more than 200,000 euros.
Rosselkhoznadzor imposes temporary restrictions on the import of fresh tomatoes, cucumbers, peppers, green crops and strawberries originating and shipped from Armenia from May 30, 2026 “until the development of an appropriate algorithm to ensure the safety of shipped products”.
Global energy inflation will be delayed for a longer period of time due to the conflict in the Middle East and supply disruptions. Experts forecast that high oil and gas prices will act as a driver of overall price growth and stagflationary processes until at least the end of 2027.
The European Commission has revised production forecasts for key crops for the 2026/27 marketing year. EU cereal crop estimates were downgraded, while forecasts for key oilseeds improved slightly.
The silver market remains under intense pressure after January’s record rally, with major banks warning: the upside potential is all but exhausted.
The European Commission has fined Chinese marketplace Temu 200 million euros after an extensive investigation that found dangerous children’s toys and faulty chargers on the platform.
European Central Bank President Christine Lagarde said the independence of the U.S. Federal Reserve remains in jeopardy and requires support from voters and lawmakers.
Foreign direct investment (FDI) inflows into the European economy in 2025 rose by 56% to $239 billion, according to data from the UN Conference on Trade and Development (UNCTAD). However, this surge is caused by specific factors and hides a decline in the real investment sector. Major cross-border mergers and acquisitions (M&As) accounted for most of the growth. Much of the capital came from corporate restructuring and transit financial flows.
On 28 May, the Ukrainian parliament ratified a 90bn-euro loan agreement to support Ukraine with the European Union. A total of 298 MPs voted in favor of the document.
The Parliament finally voted in favor of denouncing the Agreement on the establishment of the Interstate Fund for Humanitarian Cooperation of the CIS member states.
Gold prices fell in Asian trading after a series of U.S. strikes on Iran supported oil prices and the dollar.
A group of the world’s leading central banks and more than 40 major commercial banks are stepping up testing of one of the world’s most closely watched digital payments projects, Agora, as the race to modernize and dominate the international financial architecture heats up.
Resort real estate in Greece continues to rise in price, while the dynamics of prices remain heterogeneous depending on the segment and type of housing.
Shares of major cruise operators are rising noticeably amid a sharp drop in oil prices, which could significantly reduce their fuel costs.
