The European Commission (EC) said on November 25 2014 that it had decided that liquidity measures granted by Bulgaria in favour of First Investment Bank (FIB) in Bulgaria were in […]
Bulgaria’s bank deposit guarantee fund named on November 24 the nine banks that will handle the payouts of depositors in the Corporate Commercia ...
Bulgaria is on the verge of an “epidemic” of a theft of companies because of shortcomings in the Commercial Register Act, lawyers say, acc ...
Sofia City Court said on November 20 that suspended the insolvency proceedings concerning the Corporate Commercial Bank (CCB), following an appeal aga ...
Bozhidar Lukarski, Economy Minister in the Bulgarian cabinet that took office two weeks ago, says that the governnent in working to improve the country’s investment climate and to return confidence […]
The cruise ship industry in Bulgaria has reported a record number of early bookings for 2015, according to the Bulgarian Cruise Society, an industry association. More than 10 000 Bulgarians […]
Bulgarian National Bank (BNB) said on November 19 that it authorised the administrators of Victoria Bank, a subsidiary of the Corporate Commercial Bank (CCB), to begin the sale of the […]
Moodys Ratings agency on Monday upgraded Bank of Cyprus’ (BoC) long-term deposit ratings to Caa3 from Ca with stable outlook, warning however that the lender still faced immense challenges. Moody’s […]
Foreign direct investment in Bulgaria in the first nine months of 2014 stood at 1.1 billion euro, the equivalent of 2.7 per cent of the gross domestic product (GDP), the […]
Poland’s largest hotel operator Orbis Group has been cleared by its supervisory board to purchase the 46 existing and planned hotels in Central Europe from its strategic partner Accor in […]