Capital controls in Cyprus necessary now but should be lifted as soon as possible, EC says
The European Commission sees the capital controls imposed in Cyprus as necessary for now under the circumstances but says that
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Business
New shopping mall opens in Sofia on March 28
Paradise Center became the latest shopping mall to open in Bulgaria’s capital city, Sofia, on March 28 2013. The new
Read moreEconomic sentiment worsens in EU, euro zone in March 2013
In March 2013, the Economic Sentiment Indicator (ESI) decreased in both the euro area and the EU, putting on hold
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US Steel to stay in Slovakia’s Košice
US Steel Corporation will not sell its U.S. Steel Košice (USSK) subsidiary in eastern Slovakia. Representatives of the Slovak government
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Bulgaria unveils ‘energy sector stability’ measures
Bulgaria’s caretaker Economy Minister Assen Vassilev presented on March 26 a series of measures meant to “guarantee the security of
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Bulgaria again bottom of EU’s innovation scoreboard
Bulgaria again ranks bottom in the European Union’s 2013 scoreboard of innovation performance, having been at or near the lowest
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EU officials: Cyprus, lenders reach bailout deal
Cyprus has avoided bankruptcy by agreeing to a bailout deal that includes the closing of the island nation’s second largest
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Bankruptcy as an exit option
In my book, Business Exit Planning (John Wiley & Sons, 2012), I confess to have made a significant error in
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Bulgarian deposits in Cyprus estimated at 100M euro
Deposits by Bulgarian nationals and companies in Cyprus were estimated at about 100 million euro, reports in Bulgarian media said
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