All posts in Business

Photo: Clive Leviev-Sawyer
October 23, 2014, by The Sofia Globe staff

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 […]


Progress Software announces intention to acquire Bulgaria’s Telerik

October 23, 2014, by Independent Balkan News Agency

The United States’s Progress Software Corporation has announced that it has entered into a definitive agreement to acquire privately held Bulgarian ...

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Audit finds CCB holding mainly impaired assets – central bank

October 22, 2014, by Alex Bivol

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 ...

Photo: Brian Lary/

Bulgaria’s competition watchdog fines cable operator Blizoo 887 000 leva

October 15, 2014, by The Sofia Globe staff

Bulgaria’s Commission for Protection of Competition (CPC) said on October 15 that it has fined cable television and Internet service provider Blizoo ...

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    Bulgaria annual deflation up to 0.8% in September
    October 14, 2014, by The Sofia Globe staff

    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 […]

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    ECB to regulate 120 of Europe’s largest banks
    October 10, 2014, by VOANews

    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 […]