As economists and bankers pitched in with opinions following the central bank’s selected disclosure of the results of an audit at the Corporate Commercial Bank (CCB) on October 22, the […]
The United States’s Progress Software Corporation has announced that it has entered into a definitive agreement to acquire privately held Bulgarian ...
The audits carried out at the Corporate Commercial Bank (CCB) found that the bank’s books are full of impaired assets, requiring a write-down of ...
Bulgaria’s Commission for Protection of Competition (CPC) said on October 15 that it has fined cable television and Internet service provider Blizoo ...
Bulgaria’s consumer price index (CPI) posted another month of deflation, shrinking by 0.2 per cent in September, which pushed the annual deflation figure at the end of the month up […]
The cost of filing paperwork required by Bulgarian regulations stands at 3.4 billion leva (about 1.7 billion euro) each year, according to Institute for Market Economics (IME) think-tank in Sofia. […]
A member of the Executive Board of Germany’s central bank, Deutsche Bundesbank, says in less than a month, the European Central Bank (ECB) will assume “direct supervision” for 120 of […]
Bulgaria’s sole nuclear power plant at Kozloduy, on the Danube River, said on October 9 that it signed a contract with consortium of firms to extend operations of one of […]
Insurance companies, investment and pension funds could lose at least 103 million leva if Bulgaria’s Corporate Commercial Bank and its subsidiary Victoria merchant bank go bankrupt, according to the country’s […]
The proportion of non-performing business loans in Bulgaria, which in 2013 added up to 19 per cent, could rise above 21 per cent because of the problems around Corporate Commercial […]