Bulgaria central bank orders full CCB audit, hints at longer conservatorship
The Bulgarian National Bank (BNB) said on July 31 that it ordered Corporate Commercial Bank (CCB) administrators to prepare a
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Business
Bulgarian Constitutional Court repeals renewable energy tariff fee
Bulgaria’s Constitutional Court said on July 31 that it has declared unconstitutional the provisions in the 2014 Budget Act that
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Bulgaria Budget deficit widens to 995.6M leva in June
Bulgaria’s consolidated Budget deficit for the first half of 2014 was 995.6 million leva, or about 509 million euro, compared
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Westinghouse still optimistic on nuclear deal with Bulgaria despite delay
US energy firm Westinghouse remains optimistic about the prospects of signing the contract to build a nuclear reactor in Bulgaria,
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Bulgaria’s competition watchdog fines state gas utility 23.4M leva
Bulgaria’s Commission for Protection of Competition (CPC) has fined the state gas utility Bulgargaz a record 23.4 million leva (about
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Gloom in retail trade major factor as Bulgarian business confidence drops in July 2014
Bulgaria’s business climate indicator fell by 3.2 percentage points month-on-month in July 2014 as managers in major industries lost confidence
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Bulgaria’s competition watchdog levies new charges on electricity distributors
Bulgaria’s Commission for Protection of Competition (CPC) levied new charges of unfair trade practices against the country’s three private electricity
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IMF report cuts growth forecast
The International Monetary Fund has trimmed its global economic growth projection for 2014, projecting a slower advance in the United
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Bulgaria’s new rules on consumer loans come into effect on July 22
Bulgaria’s new Consumer Loans Act, approved by Parliament on March 28, came into effect on July 22 2014, capping loan
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