The removal procedure for Panagia Tinou, an abandoned vessel in the Piraeus Port Authority's (PPA) jurisdiction, was recently completed in accordance with the timeline for the project’s tender.
The March European Council featured positive financial news and discussions on migration, the western Balkans, a European Public Prosecutor’s Office and the future of the European Union (EU).
The European Bank for Reconstruction and Development (EBRD) recently announced some of the 2016 results of its work to support small- and medium-sized enterprises (SMEs) through its Small Business Initiative.
The UniCredit board of directors recently approved the UniCredit S.p.A. Provisional Financial Statements and the Consolidated Financial Statements as of Dec. 31 and said that its CET1 transitional ratio is within European Central Bank (ECB) requirements.
Erste Group recently released analysis from its research team suggesting that while economic growth in Central and Eastern Europe (CEE) has been improving substantially in the past year, the region's economy does not show signs of overheating.
Ten new certificates of the Erste Bank Group, including group stock, currency and index certificates, are now trading on the Bucharest Stock Exchange (BVB), according to a recent release from the exchange.
The UniCredit board of directors recently called for an ordinary and extraordinary shareholders’ meeting, covering approvals of 2016 records and new proposals.
The European Bank for Reconstruction and Development (EBRD) recently highlighted the key role donor funding plays in its initiatives to promote financial resiliency in its operating area.
The European Commission recently published its General Report for 2016, a treaty-obligated annual release that covers how European Union (EU) citizens benefit from the organization’s activities and the EU’s progress on its priorities.
European Commission representatives recently completed an official visit to the African Union in Addis Ababa, Ethiopia, that strengthened ties between the two organizations and furthered support for the Horn of Africa region.
The National Bank of Romania's foreign exchange reserves as of the end of February amounted to $36.97 billion, a slight reduction from January's figure of $36.99 billion.
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.
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.
The Bulgarian Ministry of Finance has said the country’s consolidated fiscal program achieved a positive balance in January, which came to $483 million, nearly 1 percent of the country’s forecast GDP.
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.
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.
According to estimates from the Bulgarian Ministry of Finance, the balance of the consolidated fiscal program (CFP) should be positive for February, with a $445 million surplus.