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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Business
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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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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