Russia hopes that climate change maximises Arctic shipping
Americans may have seen the downside of climate change when Hurricane Sandy bashed into New Jersey and New York City
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Business
Film industry row erupts as Bulgaria passes investment promotion law
Bulgaria’s amended Investment Promotion Act, passed by Parliament at the second reading on November 28, has sparked controversy related to
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Plain packaging and its unintended consequences
Plain packaging means removing all distinctive elements (logo, colours, lettering) associated with a product and replacing them with a generic
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Deal on stricter EU rules for sovereign debt ratings
Credit rating agencies will have to obey additional rules on sovereign debt ratings, including three set dates a year for
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Debt deal marks ‘new day’ for Greece
The eurozone has agreed on a deal that will reduce Greek debt and help the nation avoid bankruptcy. Greek Prime
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Russia PM Medvedev voices confidence in euro zone
Russian Prime Minister Dmitry Medvedev says his country has confidence the eurozone’s economic fortunes will improve, despite ongoing concerns about
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Euro zone to remain in recession until early 2013, OECD economic outlook says
The euro zone will remain in recession until early 2013, according to the Organization for Economic Cooperation and Development’s (OECD)
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Euro zone, IMF reach deal on Greek bailout
Eurozone finance ministers have reached a deal with the International Monetary Fund on reducing Greece’s debt and releasing immediate bailout
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Central bank governor Iskrov underlines strength of Bulgarian banking system
Ivan Iskrov, governor of central Bulgarian National Bank, says that he is very proud of the strength of local banking
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