Economic globalization
Over Half of Bulgarian Employers Plan No New Hires in the Next Six Months
Over half of employers in Bulgaria have no plans to hire new staff in the next six months, according to recent findings from the Bulgarian Employment Confederation (BEC). The survey, conducted among 1,197 companies, covers the period from October to March of next year.
Greece faces water crisis amid climate change and inefficient use, experts warn
Greece is facing a severe water management crisis, with experts warning that climate change and inefficient water use threaten its resources.
Maria Stoumboudi, director of the Hellenic Center for Marine Research, emphasized that Greece is already behind in sustainable water practices, particularly when compared to countries like Israel, which recycles over 70% of its water.
Turkish contractors undertake $11.2 billion worth of projects abroad
The total value of projects implemented by the Turkish contracting sector abroad in eight months of this year has amounted to $11.2 billion.
According to Trade Ministry data, the Turkish contracting sector has continued its successful performance abroad despite risks such as the COVID-19 pandemic and the Russia-Ukraine war in recent years.
German firm opening tech center in Athens
German digital marketing company LR Health & Beauty will create a technology center in Athens and will start hiring computer engineers and user experience designers soon.
The aim is to develop applications in-house instead of outsourcing them.
The company said it is locating the center in Athens because of an abundance of qualified engineers.
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LR Health & Beauty to open technology center in Athens
German digital marketing company LR Health & Beauty will create a technology center in Athens and will start hiring computer engineers and user experience designers soon.
The aim is to develop applications in-house instead of outsourcing them. The company said it is locating the center in Athens because of an abundance of qualified engineers.
Mitsotakis announced the extension of the affordable rural electricity program – Subsidies granted to eligible recipients
The practices of multinational corporations that create issues in the pesticide market will not be tolerated, said the Prime Minister - Modernization of ELGA and OPEKEPE is necessary
Several sectors on government’s radar for tax inspections
Some 1,000 tax inspectors will be out in the field in 50 of the country's 81 provinces to check if large companies are complying with tax regulations in key industries, such as retail, transportation, jewelry, energy, health services, hospitality, construction and textile.
Amid Houthi escalation in the Red Sea shipping firms call for vessels to have armed guards
The Red Sea is a critically important route for companies that are shipping goods from Asia to Europe
Seized titanium reportedly bound for Iran
Titanium rods and high-tech lathes, which are raw materials that can have civilian, commercial, but also military use, have been seized by customs officers at the port of Piraeus. They were loaded at the port of Shanghai in China and, according to information from a foreign agency that reached the Money Laundering Authority, were destined for Iran.
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Airport cargo worth millions stolen from Toronto's airport
A cargo container with gold and other items worth over $20 million Canadian (US$14.8 million) was stolen from Toronto's Pearson International airport, authorities said Thursday.
Peel Regional Police Inspector Stephen Duivesteyn said a "high value" container was taken from a holding area facility after being unloaded from a plane Monday evening.