S&P sees tough 2013 for CEE banks
Central and Eastern European banks face a difficult year, with those in Hungary, Slovenia, Bulgaria and Croatia among the weakest,
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Business
EU unemployment remains flat at 12% in February
The 27-member European Union ended February 2013 with 12 per cent unemployment, seasonally adjusted, according to EU statistics office Eurostat.
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Bulgaria reports 732M leva Budget deficit for January-February
Bulgaria’s Finance Ministry said on April 1 that the Budget deficit for the first two months of the year was
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Takeover of Volksbank signals Russian bank strength
A new sign in black and a striking interior in green: The recently unveiled Sberbank branch in the center of
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Bulgaria’s next government to invest in a more meaningful growth recovery – report
Bulgaria’s economy is expected to grow stronger in the second half of 2013, once the political uncertainty caused by early
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Cyprus: will not quit the euro
The president of Cyprus says his island nation will not abandon the European single currency. Nicos Anastasiades said Friday at
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Global economy improving but Europe lags behind, OECD says
Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the
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Bulgarian regulator cuts gas, heating prices
Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) approved on March 28 lower prices for natural gas and central heating,
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Cyprus crisis burns Russian investors
For years, construction companies in Cyprus lured Russians to invest in the Mediterranean island. Over the last decade, 40,000 Russians
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