S&P and Fitch upgrade Cyprus
Credit rating agencies Standard and Poor’s (S&P) and Fitch have raised Cyprus’s credit ratings because the eastern Mediterranean island’s government
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Business
Bulgaria’s central bank brings in caps on bankers’ bonuses
The governing council of central Bulgarian National Bank (BNB) has approved, at an April 24 meeting, caps on bankers’ bonuses
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Bulgaria, Romania to update double taxation agreement
Bulgaria’s Cabinet has approved a draft proposal to update the memorandum on avoiding double taxation with Romania, replacing the current
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EU annual inflation 0.6% in March 2014 – Eurostat
Annual inflation in the European Union was 0.6 per cent in March 2014, down from 0.8 per cent in
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Fairfax-led group gets go-ahead to invest 1.3 billion euro in Eurobank
Greece’s banking system was handed a vote of confidence on April 15 as Eurobank was given the go-ahead for a
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National Bank of Greece shares plummet as capital increase plan goes ahead
National Bank of Greece (NBG) shares plummeted 12.13 per cent on April 14 as plans for the bank’s capital increase
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FDI in Bulgaria in January-February was 114.1M euro
Foreign direct investment in Bulgaria in the first two months of 2014 stood at 114.1 million euro, the equivalent of
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Bulgaria annual deflation down to 2.3% in March
Bulgaria’s consumer price index shrank by 0.2 per cent in March 2014, but the year-on-year deflation fell to 2.3 per
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Negative trade balance as Bulgarian exports to non-EU countries dropped in January-February 2014
Bulgaria’s exports to third countries, meaning countries that are not members of the European Union, were 14.2 per cent less
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