Greek company Gastrade S.A. has finalized selling 20 percent of its share capital to GasLog Ltd.

New numbers show Bulgaria failed to hit its mark for foreign direct investment (FDI) last year.

Pancretan Cooperative Bank Vice President Nikos Myrtakis will now lead the bank, tanking over from former president Yiannis Lebidakis.

Following June 2015’s imposition of capital controls in Greece, the country has seen a marked increase in electronic transactions, particularly in contactless payments.

European Commission President Jean-Claude Juncker recently spoke to German radio station Deutschlandfunk about the beleaguered Greek bailout program, criticizing the International Monetary Fund (IMF).

An Athens court recently furthered efforts to restructure supermarket retailer Marinopoulos by removing Tuesday's deadline for the resolution of third-party demands in the company’s bankruptcy.

Some union leaders in Bulgaria have a message for private businesses: the wages are too low.

Between 2013 and 2014, the country of Bulgaria saw one of its largest and most successful banks get demolished by a trio of a corrupt judiciary, corrupt media, and corrupt government officials in a classic corporate raiding scheme.

There is quite a bit of concern in the Balkan area about Greece and its plan to rebuild its economy through international borrowing.

A meeting in Brussels between Greece and its creditors concluded with some progress regarding the second review of the Greek bailout, but no new date has been set for further discussion.

Union of the Greek Shipowners (EEE) President Theodore Veniamis outlined the organization’s efforts to push the European Union to recognize the International Maritime Organization (IMO) as a benchmark at a recent EEE meeting.

The Greek government will soon require certain business sectors to complete transactions electronically with point-of-sale (POS) terminals in an effort to curb VAT tax evasion.

Greece Finance Minister Euclid Tsakalotos recently met with creditor’s representatives in Brussels, where he maintained the Greek position on discussions surrounding the country's bailout program.

Condor, a low-cost airline, will be offering direct flights between Thessaloniki and Frankfurt this summer, flying on Tuesdays and Fridays through October.

The Hellenic Banking Association (HBA) recently released the results of a study of Greece’s banking sector a year and a half into the imposition of capital controls, offering a snapshot of the country’s crisis-battered industry.

Giorgos Houliarakis, Greece's alternate finance minister, said recently on state-run television network that it would be in the country's best interest to find any solution now to bailout talks rather than wait for a better solution later.

Vojvodjanska Bank received MasterCard's Regional Data Integrity Award for 2016.

OriginTrail, a Slovenian-Serbian startup that helps consumers learn the origins of their organic food products, recently won the Audience Award at the Food + City competition in Austin, Texas.

Aegean Airlines has new Miles+Bonus partnerships in Kavala, Greece.

The Serbian Private Equity Association has partnered with the CEE M&A and Corporate Finance Forum, which will be held April 6 in Vienna.