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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Business
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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European Commission proposes measures against tax fraud and evasion
Minimum sanctions for tax crimes, a cross-border tax identification number, a European Union tax-payer’s charter and stronger common measures against tax
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Bulgarian Development Bank has 200 million leva to lend to SMEs – report
Bulgarian Development Bank (BDB) had secured 200 million leva that it hoped to lend to small and medium-sized enterprises (SMEs)
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Key European leaders call for tighter financial control
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro
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Spain, Cyprus seek bailouts for their ailing banks
Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought
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