Romania to Hold Two-in-One Elections in June
Romania is set to witness a unique electoral scenario this year as the local elections will coincide with the European elections on June 9
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
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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In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022