Bulgaria's financial outlook has been upgraded to positive by Fitch Ratings, up from stable.

Euroins Insurance Group AD (EIG) has merged its subsidiary Euroins Health Assurance EAD into another subsidiary, DM EIG Re, formerly known as HDI Insurance.

UniCredit BulBank Chief Economist Kristofor Pavlov noted at a recent forum that Bulgaria’s economy is on track to hit a high point of 4 percent GDP growth in 2018.

UniCredit recently finalized its sale of a 32.8 percent shareholding in Bank Pekao S.A., which went to Powszechny Zakład Ubezpieczeń S.A. and Polski Fundusz Rozwoju S.A. for a total sum of $2.8 billion, according to a UniCredit release.

ICT company Intrasoft International will continue its work with the European Commission and the Taxation and Customs Union, including trans-European system management and coordination (ITSM3-TES), following the signing of a new contract.

The Bulgarian-American Credit Bank (BACB) recently held its annual general meeting of the shareholders, which saw shareholders approve 2016 reports, an Audit Committee statute and changes to the bank’s bylaws.

Dragan Karanovic, a founding partner at Karanovic & Nikolic, was honored with a lifetime achievement award by CEE Legal Matters.

The European Parliament’s Economics and Monetary Affairs Committee recently approved several measures to make it easier for businesses that have been taxed by two member states to resolve their disputes.

Experts tracking the progress of Balkan nations over the past few decades still have concerns about the stabilization of these national economies and their financial industries.

Yulian Mirkov has been named the new deputy director of the customs agency for Bulgaria, according to a Ministry of Finance press release.

The American University in Bulgaria (AUBG) team took home second place at this year’s Bulgarian national programming competition for the second year in a row, finishing behind only Sofia University.

In a continuation of Vojvodjanska Bank’s "Responsibility in Culture" project, the bank’s Caravan of Paintings recently traveled through Kragujevac and is headed to Cacak.

European Reliance partnered with HYGEIA and MITERA hospitals to allow its clients to access services at the prominent medical institutions, according to a news release.

Funds collected through Eurobank Big Heart cards contributed to a recent project to renovate the playground for children in Cika Jova Zmaj preschool’s “Mila Jevtovic” kindergarten in Belgrade’s Voždovac precinct.

The Bucharest Stock Exchange (BVB) and Investors Club recently launched the Investors Club Constanta, the city’s first club for capital market investors.

Postbank has been named the Greenest Bank in Bulgaria in The Greenest Companies in Bulgaria contest held by b2b Media.

This year Erste Bank has set up 965 home loans to area residents, up 41 percent from the same time period last year, according to a bank press release.

Some analysts are excited about the growth in the Balkan country of Romania, a nation that, along with its neighbors, has often struggled to modernize and put aside some of the negative impact of past centuries.

NBG Pangaea REIC posted small increases in its group revenue and profits before tax for the three-month period ending March 31, according to a release from the company.

Twenty-seven participants from 13 countries recently completed the Defense Attache Course at the Peace Support Operations Training Centre (PSOTC) in Bosnia & Herzegovina.