Romania is set to witness a unique electoral scenario this year as the local elections will coincide with the European elections on June 9
Fiat and Peugeot Have Confirmed that they Are Negotiating a Merger
Italian-American carmaker Fiat Chrysler confirmed this morning that it is negotiating a merger with the French car group PSA, which owns Peugeot, France Press and DPA reported.
PSA has also officially announced that talks are underway to create a global giant. If the deal comes to fruition, the new merger would be valued at nearly $ 50 billion and will be the fourth largest company in the sector after Volkswagen, Renault-Nissan and Toyota.
PSA CEO Carlos Tavares will head the new company, and Fiat Chrysler board chairman John Elkann will take over the same position in the new group.
Earlier this year, negotiations for a merger between Fiat and other leading French carmaker Renault failed after Fiat Chrysler cited "political conditions in France" as a reason not to proceed with the deal, despite the fact that the potential union had the blessing of the French government. Fiat Chrysler shares rose sharply after the news.
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Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone
Bulgaria's commitment to Albania's EU aspirations and bilateral cooperation took center stage during a meeting between Rosen Zhelyazkov, Speaker of the National Assembly of Bulgaria, and Lindita Nikolla, Speaker of the National Assembly of Albania, in Tir
Head of Croatia's Central Bank Visits Bulgaria: The Transition To The Euro Did Not Result In Price Hikes
During his visit to Bulgaria, Croatian Central Bank Governor Boris Vujcic reassured that Croatia's transition to the euro did not result in a significant uptick in prices
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
Eurozone Accession on Horizon: Bulgaria's Finance Minister Optimistic Despite Government Rotation Talks
As Bulgaria sets its sights on joining the Eurozone by 2025, Finance Minister Asen Vassilev remains resolute in his commitment, despite ongoing uncertainties surrounding the government's rotation