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
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.
Bulgarian President Rumen Radev has officially renamed Sofia Airport
Courier service prices in Bulgaria are set to rise from March 1, with some deliveries increasing by nearly 10%
Tourism in Bulgaria is increasingly shifting from traditional hotel stays to more experience-focused offerings
Interest in newly built properties is on the rise, driven by factors such as increasing prosperity
A stabbing attack in the Austrian town of Villach left one person dead and five others injured on Saturday
In Krivodol, a municipality in Northwestern Bulgaria, local authorities are taking steps toward the eurozone transition well ahead of the February 20 deadline
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability