#Economy

Business
Government Unveils Measures to Boost Entrepreneurship and Ease Debt Burden
The government is rolling out a three-part initiative aimed at stimulating entrepreneurship, increasing employment, and alleviating excessive debt for households and businesses.
Business
Greece to Launch First Satellites in 2025, Says Digital Governance Minister
Greece is set to launch its first microsatellites in late 2025 as part of a national strategy to enhance digital governance, Minister of Digital Governance Dimitris Papastergiou announced at the Innovent Forum in Larissa.
Business
Romania’s Economy Grew by 0.9% in 2024, GDP Up 0.7% in Q4
Romania's economy expanded by 0.9% in 2024, with GDP rising 0.7% in the fourth quarter compared to the same period in 2023, according to flash estimates from the National Institute of Statistics (INS).
Business
Bank of Greece Governor Highlights Banking Sector Challenges and Economic Progress
The future of Greece's banking sector is closely tied to the country's macroeconomic progress and global developments, Bank of Greece (BoG) Governor Yannis Stournaras stated at the Greek-Israeli Chamber of Commerce and Technology event on Wednesday.
Business
Bulgarian Energy Minister Showcases Key Projects at Delphi Forum in Washington
Bulgarian Energy Minister Zhecho Stankov participated in a high-level discussion on energy diplomacy at the Sixth Delphi Forum in Washington, the Energy Ministry announced on Wednesday.
Business
BSP's Zafirov Warns of Economic Collapse if State Budget Is Not Adopted
BSP - United Left Chair and Deputy Prime Minister Atanas Zafirov warned that failure to adopt the state budget would lead to economic, financial, and social collapse.
Business
Americas Brace for US Trade Tensions Under Trump
From Canada to Chile, countries across the Americas are preparing for the fallout from US President Donald Trump’s escalating trade policies.
Business
Moldova's Natural Gas Consumption Drops by 12.3% in January 2025
Moldova's natural gas consumption in January 2025 decreased by 12.3% compared to the same period in 2024, totaling 135.5 million cubic meters, according to Moldovagaz.
Business
Tiraspol Rejects EU's €60 Million Aid, Gas Supply Secured
Prime Minister Dorin Recean announced that Tiraspol has refused the European Union's €60 million aid offer, which aimed to stabilize the Transnistrian region’s energy situation.
Business
Moldova and Romania to Launch Joint Railway Electrification Project
Moldova and Romania are set to implement a joint electrification project for the railway line connecting Iasi (Romania) and Ungheni (Moldova).
Business
Bank of Greece Governor Warns Against Complacency Despite Economic Growth
At the "Money 2024 Business Awards," Bank of Greece Governor Yannis Stournaras emphasized that while the economy has shown strong progress and positive prospects, there is no room for complacency.
Business
Bulgarian Businesses Face Shortage of Engineering and Technical Graduates
Nearly 80% of Bulgarian business representatives highlight a critical need for university graduates in engineering and technical sciences, according to a survey by the Bulgarian Chamber of Commerce and Industry (BCCI).
Business
Moldova Drafts New Capital Market Development Strategy for 2025-2030
Moldova is set to adopt a new Capital Market Development Strategy for 2025-2030, with a draft currently open for public consultations until February 17, 2025.
Business
Moldova to Build Two Large Photovoltaic Power Plants by 2025
The Republic of Moldova is set to boost its renewable energy capacity with the construction of two large photovoltaic power plants by late 2025.
Business
Bulgarian Stock Exchange Launches SpaceCrowd, the Country’s First Equity Crowdfunding Platform
The Bulgarian Stock Exchange (BSE) has introduced SpaceCrowd, Bulgaria's first equity crowdfunding platform for startups and early-stage businesses.
Business
Turkish Investors Show Strong Interest in Greece at Business Event in Istanbul
Turkish business owners expressed keen interest in investment opportunities in Greece at a joint event organized by Türkiye's Economy and Trade Association (ETD) and Greece’s investment agency, Enterprise Greece.
Business
Moldova Covers Over Half of Electricity Demand with Imports
On February 5, more than half of Moldova’s electricity consumption was met through imports, with the necessary amount secured via commercial contracts, avoiding emergency supply measures.
Business
Greece to Begin Exploratory Drilling for Hydrocarbons in 2025
Greece is set to begin its first exploratory drilling for hydrocarbons in 2025, likely near Crete, Deputy Environment and Energy Minister Alexandra Sdoukou announced at the Athens Energy Summit.
Business
EU Commissioner Highlights Need for Sustainable Shipping
European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, emphasized the importance of balancing economic growth and environmental responsibility in the maritime sector following the release of the European Maritime Report 2025.
Romania
Romania Remains a Stable and Attractive Investment Destination, Says PM Ciolacu
Romania is a "safe and politically and economically stable country" focused on investment and reforms, Prime Minister Marcel Ciolacu stated during a meeting with World Bank officials on Tuesday.
Business
Bulgaria's Eurozone Bid: Decision Expected by Mid-2025
Bulgaria must request an extraordinary convergence report by the end of February 2025 to join the eurozone on January 1, 2026. EU institutions will need six to eight weeks to prepare the report, allowing a decision by May-June 2025.
Business
Trump’s New Tariffs Shake Global Trade, Spark Fears of Recession
President Donald Trump’s latest tariffs on Canada, Mexico, and China are expected to disrupt global trade and accelerate protectionist policies.
Business
Electricity Consumption on Dniester’s Right Bank Reaches 13.9 Million kWh on 1 February
On 1 February, electricity consumption on the right bank of the Dniester totaled 13.93 million kWh, with over half covered by imports, according to the Ministry of Energy.
Business
Energocom Begins Gas Procurements for Transnistria
Energocom has started procuring natural gas for the Transnistrian region under a directive from Moldova's Commission for Emergency Situations (CSE) effective 1 February.