OMV Petrom finds new oil reserves along the Black Sea coast
OMV Petrom, a company controlled by the Austrian group OMV, announced that it had discovered new reserves of oil in shallow
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Business
Bulgaria central bank extends CCB administration period
Bulgaria’s central bank said on July 15 that it extended the special supervision period for the Corporate Commercial Bank (CCB)
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Bulgaria annual deflation at 1.9% in June
Bulgaria’s consumer price index shrank again in June, by 0.4 per cent, but the annual deflation figure at the end
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FDI in Bulgaria in January-May was 302.6M euro
Foreign direct investment in Bulgaria in the first five months of 2014 stood at 302.6 million euro, the equivalent of
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Growth in EU’s Eastern European countries to double in 2014 – World Bank
Economic growth in the EU member states from the former communist bloc is expected to nearly double from 1.4 per
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Bulgaria’s CCB to go into liquidation – timeline
The Bulgarian National Bank (BNB) announced on July 11 that it would repeal the banking licence of the country’s fourth-largest
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Credit Agricole bailout could cost taxpayers up to 2B leva – Bulgarian Finance Minister
The recapitalisation of Credit Agricole Bulgaria could cost Bulgarian taxpayers up to two billion leva (about one billion euro) and
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Bulgaria to repeal CCB’s licence, nationalise subsidiary – central bank
Bulgaria’s central bank said on July 11 that it will repeal the banking licence of the Corporate Commercial Bank (CCB)
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Bulgarian exports to non-EU countries fell by close to 15% y/y in January-May 2014
Bulgarian exports to third countries, meaning those that are not members of the European Union, fell by 14.8 per cent
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