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Financial and business news from Bulgaria

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  • Parliament adopted at first and second reading the bill ratifying the Intergovernmental Agreement between Bulgaria and Greece on the gas connection between the two countries, which governs the financial, tax and legal parameters for the construction of the pipeline.
    Parliament ratifies the gas link with Greece
    2020-07-03 04:30:16
    Parliament adopted at first and second reading the bill ratifying the Intergovernmental Agreement between Bulgaria and Greece on the gas connection between the two countries, which governs the financial, tax and legal parameters for the construction of the pipeline.
  • Turkish exports rose 15.8 per cent year-on-year in June, the Turkish Trade Minister said, quoted by the Anadolu Agency.
    Turkish exports rose 15.8% year-on-year in June
    2020-07-03 02:30:16
    Turkish exports rose 15.8 per cent year-on-year in June, the Turkish Trade Minister said, quoted by the Anadolu Agency.
  • Foreigners bought 169.99 million euros worth of real estate in Montenegro last year, 12.6 million euros less than the previous year, and the biggest buyers were Russians, Serbs and Turks, according to the central bank data published today, quoted by the SDM website.
    Russians, Serbs, Turks are Montenegro's biggest property buyers
    2020-07-03 01:30:04
    Foreigners bought 169.99 million euros worth of real estate in Montenegro last year, 12.6 million euros less than the previous year, and the biggest buyers were Russians, Serbs and Turks, according to the central bank data published today, quoted by the SDM website.
  • Fibank (First Investment Bank) successfully increased its capital. Today, investors paid the shares on the new securities issue. The new shareholders of the bank are Bulgarian Development Bank (BDB) with 18.35% and Valea Foundation with 7.87%.
    Fibank increased its capital
    2020-07-02 23:30:17
    Fibank (First Investment Bank) successfully increased its capital. Today, investors paid the shares on the new securities issue. The new shareholders of the bank are Bulgarian Development Bank (BDB) with 18.35% and Valea Foundation with 7.87%.
  • Tesla (Tesla Inc) is building 3D mobile molecule printers to help German company CureVac develop the potential Covid-19 vaccine, an electric car maker Elon Musk wrote on Twitter, BHP reported.
    “Tesla” makes 3D printer for molecules, will help with vaccine against COVID-19
    2020-07-02 22:30:17
    Tesla (Tesla Inc) is building 3D mobile molecule printers to help German company CureVac develop the potential Covid-19 vaccine, an electric car maker Elon Musk wrote on Twitter, BHP reported.
  • The European Commission today called on Bulgaria to fulfil its obligations arising from the Habitats Directive. This was announced by the Ministry of Environment and Water.
    Bulgaria Implements EC Environmental Recommendations
    2020-07-02 21:30:06
    The European Commission today called on Bulgaria to fulfil its obligations arising from the Habitats Directive. This was announced by the Ministry of Environment and Water.
  • The contract with the new concessionaire on the beach “Zlatna Ribka”, Sozopol Municipality, Burgas region, is already signed and he takes over his functions in the management of the strip. This was announced by the press center of the Ministry of Tourism.
    The new concessionaire of “Golden Fish” beach takes over its functions
    2020-07-02 20:30:17
    The contract with the new concessionaire on the beach “Zlatna Ribka”, Sozopol Municipality, Burgas region, is already signed and he takes over his functions in the management of the strip. This was announced by the press center of the Ministry of Tourism.
  • The European Commission has launched infringement proceedings against ten EU countries for violating passengers' right to be compensated for travel cancellations because of the coronavirus, France Press reported.
    EC penalizes 10 countries for travel cancellation compensation
    2020-07-02 20:30:04
    The European Commission has launched infringement proceedings against ten EU countries for violating passengers' right to be compensated for travel cancellations because of the coronavirus, France Press reported.