The European Commission recently highlighted the 10th anniversary of the European Globalization Adjustment Fund (EGF), which assists member states in helping workers whose jobs are negatively affected by globalization.
The European Commission recently imposed a total of $164 million in fines against Behr, Calsonic, Denso, Panasonic, Sanden and Valeo, which investigations uncovered were taking part in cartels for air conditioning and engine cooling car components.
One topic of conversation at the Bucharest Stock Exchange (BVB)’s recent Investment Spring event was the prevalence of overnight deposits in Romania and the factors that could drive Romanians to invest in funds and equities.
Bulgaria's Ministry of Finance recently released its official figures on central government debt as of the end of January, which showed total debt at $14.5 billion, a reduction compared to a month prior.
The U.S. State Department’s Annual Report on Human Rights in Bulgaria said “corruption continued to be a drag” on the country, and that efforts to punish corrupt public officials have been “insufficient.”
The European Bank for Reconstruction and Development (EBRD) has teamed up with Mid Europa Partners to invest $26.8 million in Romania’s fastest-growing supermarket and convenience store chain, Profi Rom Food SRL.
Daniele Nouy, chairperson of the Supervisory Board of the Single Supervisory Mechanism (SSM) at the European Central Bank, recently visited the Bank of Greece in Athens to meet with staff and exchange views on banking and the Greek debt situation.