New Sea Route from Burgas to Istanbul Launches June 24
A new sea route between Burgas and Istanbul will begin operating on June 24, 2025
Тhe Austrian government has nationalized real estate financier Hypo Group Alpe Adria (HGAA), the country's sixth largest bank, to save it from bankruptcy, Finance Minister Josef Proell said Monday.
German bank BayernLB said it will sell its 67.08% stake in Hypo Group to Austria for the symbolic sum of EUR 1.
The German bank also said it was helping to secure the liquidity of Hypo Group and that it would waive EUR 825 Meuros in claims from Hypo Alpe Adria.
Hypo Group has an extensive presence in southeastern Europe. It has branches in Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Germany, Hungary, Italy, Macedonia, Montenegro, Serbia, Slovenia and Ukraine, according to its Web site.
A new sea route between Burgas and Istanbul will begin operating on June 24, 2025
Bulgarian authorities have stepped up inspections across the country to combat unjustified price hikes amid concerns that some retailers might exploit the upcoming euro adoption to speculate
In 2024, the quality of bathing waters across the European Union remained high
A large part of the Bulgarian business sector is well-prepared for the euro changeover
Since the start of 2024, Bulgaria has issued 24,000 work permits to foreign nationals, marking a significant increase compared to previous years
Vasil Levski Sofia Airport has earned top honors in Europe, receiving the prestigious ACI EUROPE award for “Best Airport in Europe” in the category serving between 5 and 10 million passengers
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