Bulgaria’s business climate indicator fell by 3.2 percentage points month-on-month in July 2014 as managers in major industries lost confidence of what the next six months would hold – and […]
Bulgaria’s Commission for Protection of Competition (CPC) levied new charges of unfair trade practices against the country’s three private ele ...
The International Monetary Fund has trimmed its global economic growth projection for 2014, projecting a slower advance in the United States and a les ...
Bulgaria’s new Consumer Loans Act, approved by Parliament on March 28, came into effect on July 22 2014, capping loan interest rates and require ...
OMV Petrom, a company controlled by the Austrian group OMV, announced that it had discovered new reserves of oil in shallow waters off the Romanian coast of the Black Sea, but […]
Bulgaria’s central bank said on July 15 that it extended the special supervision period for the Corporate Commercial Bank (CCB) to three months, which means that the lender is now […]
Bulgaria’s consumer price index shrank again in June, by 0.4 per cent, but the annual deflation figure at the end of the month fell slightly to 1.9 per cent, data […]
Foreign direct investment in Bulgaria in the first five months of 2014 stood at 302.6 million euro, the equivalent of 0.7 per cent of the gross domestic product (GDP), according […]
Economic growth in the EU member states from the former communist bloc is expected to nearly double from 1.4 per cent in 2013 to 2.6 per cent this year, the […]
The Bulgarian National Bank (BNB) announced on July 11 that it would repeal the banking licence of the country’s fourth-largest lender, Corporate Commercial Bank (CCB). Below is a timeline of […]