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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Business
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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Revetas Capital buys City Center Sofia, plans more acquisitions – reports
Real estate investment fund Revetas Capital Advisors, which has acquired the Sofia City Center shopping mall in the Bulgarian capital
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Bulgaria anti-trust regulator fines retail chain Kaufland for misleading claims
Bulgaria’s Commission for Protection of Competition (CPC) has fined retail chain Kaufland 542 700 leva (about 277 500 euro) for
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Gazprom CEO Miller to visit Croatia
The head of Russian energy company Gazprom, Alexei Miller, will arrive for an official visit to Croatia on July 9,
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Bulgarian exports to EU drop 0.9% year-on-year in January – April 2014
Bulgarian exports to other European Union countries in January to April 2014 were 0.9 per cent less than in the
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Bulgarian carrier Globul closes merger with retailer Germanos
Bulgaria’s second largest mobile carrier Globul, owned by Norwegian telecom operator Telenor, said on July 7 that it has completed
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Fitch affirms Bulgaria’s credit rating, stable outlook
Credit ratings agency Fitch Ratings said it affirmed Bulgaria’s sovereign ratings at BBB-, with a stable outlook. This is the
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Bulgaria sells 1.23B leva of government bills
Bulgaria’s Finance Ministry has said that it sold 1.23 billion leva (about 629 million euro) worth of five-month government bills
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