Turkey’s Energy Ambitions in the Balkans Grow with Key Deals with Bulgaria and Romania
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
The European Commission has spoken out disparagingly Thrusday on incipient rumors that France might well be the next country with a credit rating downgrade.
French banks have been taking a sharp drop on stock exchanges due to fears that the country might be entangled in the debt crisis that has hit Greece, Portugal and Spain.
"'We have no comment to make on rumours circulating here and there about any downgrade for such-and-such country," Commission spokesman Olivier Bailly said Thursday.
Bailly also expressed confidence in the bailout plans for Greece, Ireland and Portugal, saying they are adequate for taming in the situation.
EU sources are also reported to be viewing with suspicion the sharp up-and-down movement of Societe Generale's shares, fearing there might be a case of "maniplation,"
At the same time, RFI reports Thursday of fresh drops of shares of French financial institutions over the day.
Societe Generale's shares have dropped anew with some 7%, while those of BNP Paribas with 6.8%.
The CAC 40 index of the Paris Stock Exchange is reported down by 0.52% at 2.992, with exchanges in London and Milano also on the red, while Frankfurt showing a slight rise.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
According to data published on the Bulgarian National Bank’s (BNB) official website, household lending surged by 20.
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase