The Sofia Globe - daily news and features from Bulgaria, CEE and the world
German utility E.ON said that it has completed the sale of its Bulgarian subsidiary to private Czech energy group Energo-Pro for an undisclosed amount. The deal, announced in December 2011, […]
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, 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 […]
An association of hotel, shop and restaurant owners from Bulgaria’s Sunny Beach resort on the Black Sea coast has said that the strict time limits imposed on delivery vans has […]
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 […]
Minimum sanctions for tax crimes, a cross-border tax identification number, a European Union tax-payer’s charter and stronger common measures against tax havens. These are just some of the concrete ideas that […]
Bulgarian Development Bank (BDB) had secured 200 million leva that it hoped to lend to small and medium-sized enterprises (SMEs) by the end of the year, Bulgarian newspaper Capital reported, […]
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort to resolve the continent’s unrelenting debt […]
Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. Spain asked […]
British property developer Henry Gwyn-Jones has sold his stake in the company that owns and operates the Radisson Blu hotel in Sofia, reports in Bulgarian media claim. Gwyn-Jones sold Interhotel […]
