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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Business
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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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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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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