All posts in Business

  • IMF: Europe’s problems slow US economic recovery
    July 4, 2012, by VOANews

    The head of the International Monetary Fund, Christine Lagarde, said the “tepid” U.S. economic recovery could be hurt by two problems: Europe’s economic troubles and U.S. political gridlock. Lagarde said […]

  • Bulgaria sells 950 million euro bond issue
    July 3, 2012, by The Sofia Globe staff

    Bulgaria has successfully sold five-year bonds worth 950 million euro on July 2, at an interest rate of below five per cent, as targeted by the Finance Ministry, media reports […]

  • Photo: masochismtango/flickr.com
    New EU caps on data roaming go into effect
    July 2, 2012, by The Sofia Globe staff

    European Union’s first step towards drastically reduced data roaming charges went into effect on July 1, making it cheaper to use mobile internet in the 27 member states of the […]

  • queue of silhouette figures outside a door marked next
    EU unemployment hits new record high of 10.3%
    July 2, 2012, by The Sofia Globe staff

    Unemployment in the European Union was 10.3 per cent in May 2012, the highest since EU statistics office Eurostat started keeping records in 1995. In the same month, unemployment in […]

  • Iran braces for EU embargo
    July 2, 2012, by Lisa Bryant of VOANews

    European Union sanctions against imports of Iranian oil went into effect Sunday. The sanctions are part of a growing arsenal of measures aimed at deterring Iran’s nuclear program. But will […]

  • Cleves launches sixth apartment rental project in Sofia
    July 2, 2012, by The Sofia Globe staff

    Cleves, the luxury Sofia apartment rental company, launched on June 27 2012 a 21-apartment project valued at 4.8 million euro, the company said in a media statement. Cleves Blvd Residence […]

  • Bulgaria to increase electricity prices by 13% on July 1
    June 29, 2012, by The Sofia Globe staff

    Electricity prices in Bulgaria will increase by 13 per cent, rather than 10 per cent as previously announced, starting July 1, the head of Bulgaria’s utilities regulator Angel Semerdjiev said […]