Sitemap

Finnish Zoo to Return Giant Pandas to China Due to Lack of Funds

Carlsberg Rejoins UEFA’s Global Stage

Carlsberg's return to the European football scene...

EU’s ETIAS Travel System Delayed Again

The EU's long-awaited ETIAS system, set to...

Vienna’s Voter Exclusion Sparks Concerns

In Vienna, more than 35% of the...

EU Responds to US Tariffs with New Trade Measures

The European Union has swiftly imposed retaliatory...

CorD Recommends

EP Rejects Debate on Political Situation in Serbia

The European Parliament’s political group coordinators have decided not to include a debate with a resolution on Serbia’s political...

BYD Overtakes Tesla in Revenue

Chinese EV giant BYD surpasses Tesla in revenue, delivering a remarkable 4.27 million vehicles in 2024 and solidifying its...

EBRD Presents its Flagship Transition Report in Belgrade

The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in the Western Balkans, presented its flagship Transition...

IMF Lists the Fastest-Growing Economies for 2025

The International Monetary Fund (IMF) has revealed the fastest-growing economies for 2025, with South Sudan leading the way at...

Sanofi Strengthens Immunology Portfolio with $1.9 Billion Acquisition of Dren Bio’s Unit

Sanofi, the French multinational pharmaceutical giant, has announced the acquisition of Dren Bio's immunology unit for $600 million upfront,...

The Ähtäri Zoo in Finland will return two giant pandas to China in November, eight years before the agreed-upon deadline, as they can no longer afford to care for them.

Lumi and Pyry were brought to Finland in 2018 after the two countries signed a wildlife protection agreement.

The pandas were supposed to stay in the Nordic country for 15 years, but they will be sent back home in November as the zoo blames inflation and debt related to the COVID-19 pandemic for the pandas’ eviction.

The zoo’s management informed the Chinese that they have been spending 1.5 million euros annually on the pandas’ upkeep, as well as over 8 million euros on their habitat. Another factor in the decision to return the pandas is that the Finnish government last year rejected requests for state funding.

Read more...

Serbia’s Digital Shopping Revolution

In Serbia, online shopping has become a daily norm, with more than 225,000 purchases made every day in 2024, according to the latest figures...

EP Rejects Debate on Political Situation in Serbia

The European Parliament’s political group coordinators have decided not to include a debate with a resolution on Serbia’s political situation in the agenda for...

A spokesperson for the Finnish Ministry of Foreign Affairs said that the pandas’ return is a business decision that does not involve the government and should not affect relations between Finland and China.

China sends pandas to foreign zoos to strengthen its trade ties, relations, and image abroad, a practice popularly referred to as “panda diplomacy.”

Related Articles

Wall Street’s Sharpest Drop Since September

Trump’s trade policies and weak economic data trigger sharp US market decline, while European stocks gain momentum. US stock markets experienced their largest correction since...

Panel on Minority Languages in Finland Held

The Embassy of Finland, in collaboration with Finnagora – The Finnish Institute in Hungary and Europe House in Belgrade, organized a panel on minority...

An Increasing Number of Internet Users are Embracing Online Learning

In 2024, 33% of internet users in the European Union reported participating in an online course or using online learning materials, marking a 3...

UK Surges to Second in Global Investment Rankings, Offering Hope Amid Economic Uncertainty

In a remarkable shift, the UK has surged to second place in global investment rankings, overtaking Germany, China, and India. According to a recent...

China Achieves Record Export Growth

Last year, China exported goods worth approximately €3.4 trillion, marking a 7.1% increase from the previous year and the highest export value recorded since...

Young People in the EU Show Greater Trust in Others

In 2023, the estimated average trust level in others among individuals aged 16 and older in the European Union was 5.8 (on a scale...

Montenegro’s Foreign Trade Reaches €4.26 Billion in First 11 Months of 2023

Montenegro's total foreign trade in goods amounted to €4.26 billion in the first 11 months of 2023, a 3.7% increase compared to the same...

BRICS Expands Membership to Three New Countries

The BRICS economic coalition, originally formed by Brazil, Russia, India, China, and South Africa, will expand to include three new member states starting January...