News

26Oct2015

Bulgarians and Romanians will gain the unrestricted right to live and work in the UK from December 2013, British Home Secretary Theresa May has confirmed. Temporary curbs imposed in 2005 to protect the British labour…

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26Oct2015

Bulgaria’s second largest Black Sea port, Port Burgas, has processed over 2 million tons of goods and raw materials in the first 10 months of 2012, port data indicates. Thus, between January and November 2012, Port Burgas saw a 63%…

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26Oct2015

Ukrainian central bank will have the right to determine the amount and terms of obligatory sales of currency earnings after parliament approved a law to support the hryvnia. The bill, prepared by the National Bank…

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26Oct2015

As economic conditions in the EU deteriorate and uncertainty grows, top officials in Romania say the country is not ready to join the troubled single currency in 2015, as planned.  Bucharest will continue to make…

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26Oct2015

Over 80 Indian companies operating in the spheres of machine building, energy, IT, and other sectors took part Monday in the Bulgarian-Indian Business Forum in New Delhi. The forum took place parallel to the session of…

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26Oct2015

The Foreign Direct Investments (FDI) attracted by Romania amounted to a total EUR 941 M during the first eight months of the year, and increased for the first time since the end of 2008. In…

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26Oct2015

Ukraine’s hryvnia may depreciate 10 percent by year-end because of “fairly weak” confidence in the currency, according to Charles Seville, director of Fitch Ratings’ sovereign group. While officials including Prime Minister Mykola Azarov say the hryvnia will…

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26Oct2015

The national power producer and supplier, state-owned Hidroelectrica, asked for insolvency late last week, sending a shock wave in the economy and taking by surprise the authorities, local press informs today (Mon). The announcement was…

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26Oct2015

Ukraine is seeking investors to operate and expand its main international airport at Boryspil near Kiev, the Infrastructure Ministry said. The government decided this week to seek bids for the Boryspil Airport concession, the ministry…

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26Oct2015

Bulgaria will put up for sale its 33 percent stakes in two Bulgarian power distribution companies controlled by Czech power utility CEZ in November, after the financial regulator approved the sale documents. The Balkan country…

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