During his second term as prime minister, Boyko Borisov had years in power to reverse course on the bank run on Corporate Commercial Bank, an event which brought Bulgaria's economy to its knees.
Over 500 people attended the sixth Individual Investors Forum, organized by the Bucharest Stock Exchange (BVB), to learn more about investing and managing personal finances.
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 2016 report on human rights in Romania released by the U.S. State Department earlier this month documented the country’s struggle with systematic corruption.
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 chapter on Slovenia in the U.S. State Department’s Annual Human Rights Report cites the threat and use of defamation suits against journalists, among other intimidation methods.
Four years ago, Deylan Peevski used his clout to gain a bizarre appointment to the top post leading Bulgaria’s counter-intelligence unit, where he claimed he would arrest and prosecute Boyko Borisov.
Vojvodjanska Banka and Gallery of Matica srpska recently were honored for responsibility in culture at a celebration hosted by Diplomacy & Commerce magazine, according to a press release on the bank's website.
The European Bank for Reconstruction and Development (EBRD) is providing a $25.8 million loan to OMA, a retail chain in Belarus, to help the company expand and open more stores in the next few years.
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.
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.