S&P raises Bulgaria’s short-term, affirms long-term ratings
International credit ratings agency Standard&Poor’s (S&P) said on August 10 that it raised Bulgaria’s short-term foreign and local currency sovereign
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Business
Pfizer to pay $60M fine for bribes abroad, including in Bulgaria
Pharmaceutical company Pfizer has agreed to pay a $60 million fine to the US government in order to end an
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Greek jobless rate hits record 23%
Greece says its jobless rate hit 23 per cent in May, an all-time high for the debt-ridden country. The newest
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Standard and Poor’s affirms Poland’s rating
Standard & Poor’s ratings agency has affirmed Poland’s foreign currency rating at A-/A-2′ , while maintained the country’s local currency
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Investors in Bulgaria’s BTC, creditors reach restructuring agreement
Creditors of Bulgaria’s former state fixed-line monopoly Bulgarian Telecommunications Company (BTC) and a group of prospective investors in the company
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ECB confident in euro, no new measures for now
The European Central Bank suggested it might buy the bonds of ailing eurozone economies like Spain and Italy on the
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Olympic Games hurt business in London
The Olympics were expected to bring huge crowds to London, over-burdening the roads and transit system, and providing a boost
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Bulgarian unemployment stays above EU average in June
Unemployment in Bulgaria was 12.4 per cent in June, the European Union’s statistics bureau Eurostat said on July 31, rising
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No fines for Bulgarian fuel retailers after watchdog probe
Bulgaria’s Commission on the Protection of Competition (CPC) said on July 30 that the local unit of Russian oil company
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