European Commission looking into South Stream Bulgarian tender
The European Commission was looking into the public procurement tender to pick a contractor for the Bulgarian stretch of the
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Business
World Bank says global economy at turning point
The global recovery is gaining momentum according to new projections by the World Bank. But unlike previous years, the World
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Oil giant BP agrees to buy Greece’s entire Prinos oil output
Oil giant British Petroleum (BP) signed a deal on January 13 2014 with the Greek Environment, Energy and Climate Change
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Cinema City vows to develop huge amusement park near Warsaw
Warsaw-listed movie operator Cinema City International will use the cash from merging its cinema business with UK-based cinema giant Cineworld
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Slovakia issues longest-term bond in CEE since 2011
Erste Group Bank through its subsidiary Slovenská sporiteľňa successfully managed a 1.5 billion euro 15-year new bond issue for the
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Fitch affirms Bulgaria’s credit rating, outlook
Credit ratings agency Fitch Ratings said it affirmed Bulgaria’s sovereign ratings at BBB-, with a stable outlook. The agency said
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Britain’s Cineworld buys Cinema City International
Britain’s biggest cinema chain Cineworld said on January 10 that it will buy Cinema City International, the Warsaw-listed cinema chain
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Economic sentiment in EU, euro zone best since 2011 – official
The Economic Sentiment Indicator (ESI) in the euro zone in December 2013 was at its best level since July 2011,
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US Treasury Secretary urges Europe to boost growth
U.S. Treasury Secretary Jack Lew is urging Europe to boost growth and shore up financial backstops he says are key
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