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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Business
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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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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