Controversial Russian businessman charged with embezzlement in Bulgaria
Denis Ershov, the controversial Russian businessman once declared a persona non grata in Bulgaria, has been charged with embezzling funds
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Business
Bulgaria’s finance, health ministers clash on differentiated VAT
Bulgaria’s Finance Minister Simeon Dyankov and Health Minister Dessislava Atanassova remain on opposite ends of the debate concerning the introduction
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Businesses complain of power cuts in Sofia as utility renovates network
Businesses and residents in Bulgaria’s capital city Sofia are complaining about what they say are lengthy and unpredictable power cuts
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Bulgaria’s economy grows by 0.2% in Q2
Bulgaria’s economy grew by 0.2 per cent in the second quarter of the year, a flash estimate by the European
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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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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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