Bulgarian Development Bank (BDB) recently appointed Krassimir Angarski to its supervisory board.

International watchdog Transparency International says 11 of 12 Balkan nations are perceived as “highly corrupt,” and that Kosovo, Macedonia, Bosnia & Herzegovina, Albania, Bulgaria and Serbia have “endemic corruption” in their public sector.

Banca Monte dei Paschi di Siena is the oldest bank in not just Italy, but all of Europe. Corpbank was one of the newest in Bulgaria.

National Bank of Greece S.A. (NBG) is selling its entire stake in its subsidiary, South African Bank of Athens (SABA), to AFGRI Holdings Ltd.

Bucharest Stock Exchange (BVB) will start an entrepreneurship forum following interest in the Made in Romania project.

Bucharest Stock Exchange (BVB) and Radio Romania Actualitati (RRA) have signed an agreement to boost the information framework while supporting and promoting financial literacy nationwide, according to a BVB press release.

Visa is offering a special contest called Visa takes you to Eurovision 2017 for its customers through April 4.

The Bucharest Stock Exchange (BVB) experienced continued growth in February, during which key indices exceeded expectations.

The Bucharest Stock Exchange (BVB) recently expanded its main indices, the BET and BET-TR, to include shares traded by 12 companies instead of 10.

A new Athens, Greece-based business is helping parents realize that life with kids doesn’t have to be overwhelming.

The Bank of Cyprus recently released its preliminary group financial results for the first quarter of this year and for last year, which show progress towards the group’s goal of reducing risk, as well as a modest after tax profit of $67.6 million.

Following the completion of the rights issues transaction that was approved by the UniCredit S.p.A. board of directors in early February, the company recently released the new composition of its share capital.

Yapi Ve Kredi Bankasi AS has sold its non-performing loan (NPL) portfolio to Guven Varlik Yonetim AS in a deal worth $148 million.

Fabrizio Palenzona has resigned from his role as vice chairman of the board of directors for UniCredit S.p.A.

A U.S.-based workforce management and recruiting company that is disrupting the industry has moved a considerable amount of its operations into Athens, Greece, in part, to take advantage of talent pools in an emerging tech community 

Following his appointment as U.S. commerce secretary, Wilbur L. Ross Jr. recently resigned from his role as a member and vice chairman on the boards of directors for the Bank of Cyprus Holdings Public Limited Co. and the Bank of Cyprus Public Co. Limited.

OMV Petrom has invested $63.4 million to build a new innovative fuel conversion facility at the Petrobrazi refinery.

Erste Bank is taking applications for its Erste Fragments program that awards funds to artists who are 30 years old and younger.

The European Commission applauded new rules approved at a recent Economic and Financial Affairs Council (ECOFIN) meeting that will make it easier for the European Union (EU) to prevent tax avoidance by multinational companies.

The UniCredit S.p.A. board of directors recently evaluated the compliance of newly appointed members with requirements from statutory and regulatory provisions.