Estonian energy company, Eesti Energia takes over renewable energy developer Nelja Energia. The value of the transaction is EUR289m. The Baltic States’ electricity systems will be connected to the Continental European Network (CEN) via Poland by 2025.
The average price per hectare of arable land in the European Union varies from as little as EUR 1,165 to as much as EUR108,000. Land is the cheapest in Bulgaria, in south of Sofia, and the most expensive is near Genoa, Italy.
The Joint Committee of European Supervisory Authorities (ESAs) analyzed the impact of large sets of data on consumers and financial institutions and concluded, that despite the potential risks arising from the use of Big Data, the benefits outweigh the potential costs.
The shrinking labor supply that is reported by entrepreneurs from the Central and Southeast European (CSE) countries may soon have a negative impact on economic growth in the region. In the countries of the so-called old EU, this problem is still less important.
The European Bank for Reconstruction and Development believes that economies should search for a new model of growth that goes beyond the imitation and import of technologies. EBRD indicates three areas where new sources of growth should be sought.