Bulgarian MPs cap loan interest rates, eliminate fine print
Bulgaria’s Parliament passed at second reading on March 28 amendments to the country’s Consumer Loans Act, which set a ceiling
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Business
Business climate sentiment in Bulgaria improved in March 2014 – statistics institute
The Bulgarian business climate indicator in March 2014 was 1.2 percentage points higher than in February, the National Statistical Institute
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Bulgarian economic recovery to remain slow in 2014 – UniCredit
Bulgaria’s economic recovery will continue at a slow pace in 2014, UniCredit Bulbank said in a research note, forecasting 1.5
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Piraeus and Alpha banks kick off share capital increase
Two of Greece’s four systemic banks, Alpha Bank and Piraeus Bank begun their recapitalisation processes. The two banks announced the
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Undeclared work remains widespread in EU – report
About one in nine Europeans have bought goods and services involving undeclared work in 2013, according to a new EU
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Bulgarian government nod for draft double tax agreement with India
Bulgaria’s cabinet, at a scheduled meeting on March 19, approved a draft agreement between Bulgaria and India on the avoidance
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Bulgaria threatens electricity firms with fines, loss of licences
Bulgaria’s Economy Minister Dragomir Stoynev and the State Energy and Water Regulatory Commission (SEWRC) have threatened to repeal the licences
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FDI in Bulgaria in January was 58.3M euro
Foreign direct investment in Bulgaria in the first month of 2014 stood at 58.3 million euro, the equivalent of 0.1
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EU annual inflation 0.8 per cent in February 2014 – Eurostat
European Union annual inflation was 0.8 per cent in February 2014, down from 0.9 per cent in January, EU statistics
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