Bulgaria central bank proposes jail-time for undermining banks
Bulgarian National Bank said on June 30 that it has put forth amendments to the country’s Penal Code that make
Read more
Business
Bulgaria’s TV7, News7 channels file for bankruptcy protection
Bulgarian television channels TV7 and News7 filed for bankruptcy protection in the Sofia City Court, but said in June 30
Read more
EC gives green light for 3.3B leva in state aid for Bulgarian banks
The European Commission said on June 30 that it has authorised Bulgaria to use 3.3 billion leva (about 1.69 billion
Read more
Bulgarian bank under assault in smear campaign issues assurances
Bulgaria’s First Bulgarian Bank (FIBank) issued reassurances on June 27 that it had sufficient liquidity, both in cash and financial
Read more
Bulgarian security agency, Interior Ministry, investigating e-mail campaign against two banks
Bulgaria’s State Agency for National Security and the Interior Ministry are investigating a campaign against two banks, after text messages
Read more
Bulgaria places 1.49 billion euro bond issue
Bulgaria’s foray onto foreign financial markets has proven a successful one, with its 1.493 billion euro bond issue placed at
Read more
Bulgaria state utility NEK debt at 2.9B leva, regulator says
Bulgaria’s state-owned electricity utility NEK has amassed 2.9 billion leva (about 1.48 billion euro) in debt, the head of Bulgaria’s
Read more
Bulgarian regulator lodges EC complaint against US-owned power plants
Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) has lodged official complaints with the European Commission against two thermal power
Read more
Austria, Russia sign South Stream deal
Austrian oil and gas company OMV and Russia’s Gazprom signed on June 24 an agreement to build a branch of
Read more