IMF: Europe’s problems slow US economic recovery
The head of the International Monetary Fund, Christine Lagarde, said the “tepid” U.S. economic recovery could be hurt by two
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Business
Bulgaria sells 950 million euro bond issue
Bulgaria has successfully sold five-year bonds worth 950 million euro on July 2, at an interest rate of below five
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New EU caps on data roaming go into effect
European Union’s first step towards drastically reduced data roaming charges went into effect on July 1, making it cheaper to
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EU unemployment hits new record high of 10.3%
Unemployment in the European Union was 10.3 per cent in May 2012, the highest since EU statistics office Eurostat started
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Czech Energo-Pro completes acquisition of E.ON’s Bulgarian business
German utility E.ON said that it has completed the sale of its Bulgarian subsidiary to private Czech energy group Energo-Pro
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Iran braces for EU embargo
European Union sanctions against imports of Iranian oil went into effect Sunday. The sanctions are part of a growing arsenal
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Cleves launches sixth apartment rental project in Sofia
Cleves, the luxury Sofia apartment rental company, launched on June 27 2012 a 21-apartment project valued at 4.8 million euro,
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Sunny Beach hotels say tourist services affected by traffic limitations
An association of hotel, shop and restaurant owners from Bulgaria’s Sunny Beach resort on the Black Sea coast has said
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Bulgaria to increase electricity prices by 13% on July 1
Electricity prices in Bulgaria will increase by 13 per cent, rather than 10 per cent as previously announced, starting July
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