The day in 3 news: North Macedonia issue "a priority", no foreign tourists until July, a US-BG company gets 12 mln dollars

The day in 3 news: North Macedonia issue "a priority", no foreign tourists until July, a US-BG company gets 12 mln dollars

© Надежда Чипева


The first day of the working week (after Monday's official holiday) began slowly. Not much was happening on the political front as parties prepare their arsenal for the next election campaign, starting on 4th of June.

Yet the president had his hands full yesterday and today - with the EU summit in Brussels devoted to Belarus and Russia. Rumen Radev joined the other 26 members in unanimously declaring punitive measures against Minsk for skyjacking a RyanAir flight in order to detain a prominent dissident. Yet the question of Russia and what possible action could be taken was left for the next summit in June.

North Macedonia will be a priority, says the new FM

In another foreign policy topic needing resolution, Sofia seems to be moving even more slowly. The new FM Svetlan Stoev said they are "open for dialogue" with Skopje and want to rebuild trust. Yet Stoev went nowhere near what North Macedonia would have hoped: he merely said that Bulgaria wants its neighbor to abide by the agreement from 2018 and further talks should be concluded within "normal European formats". "Our policy is consistent," the FM said.

The aforementioned 21-22 June Summit of the EU will be the next venue to discuss negotiations with North Macedonia.

No foreign tourists until at least the end of June

The decision by TUI - the largest tour operator on the market here - to postpone any charter flights to Bulgaria until 27 June spells financial doom for Bulgarian tourist businesses. In other bad news, major Russian airline S7 decided to postpone its Bulgaria-bound flights until 26 June.

Russia's move is probably connected to the recent tense bilateral relations, with Bulgaria expelling some diplomats. TUI's move follows the UK's decision to name Bulgaria as "an amber zone" - so restricting travel back and forth.

A US-BG company gets 12 million dollars from venture capital

LucidLink attracted the venture-capital fund Headline and the software giant Adobe, which will be a strategic investor. Bulgarian BrightCap Ventures is also on board, with a second investment in the company.

LucidLink was founded in 2016 by Bulgarian Georgi Dochev and the American Peter Tompson. The company offers a fast and secure connection to cloud services - a very sought after service by the media industry.

The first day of the working week (after Monday's official holiday) began slowly. Not much was happening on the political front as parties prepare their arsenal for the next election campaign, starting on 4th of June.

Yet the president had his hands full yesterday and today - with the EU summit in Brussels devoted to Belarus and Russia. Rumen Radev joined the other 26 members in unanimously declaring punitive measures against Minsk for skyjacking a RyanAir flight in order to detain a prominent dissident. Yet the question of Russia and what possible action could be taken was left for the next summit in June.

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