All posts in Business

  • 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 […]

  • wads of 100 euro notes bound in stacks
    Spain, Cyprus seek bailouts for their ailing banks
    June 26, 2012, by VOANews

    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 […]

  • Radisson Blu hotel in Sofia changes owners
    June 25, 2012, by The Sofia Globe staff

    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 […]