The finance ministry had succeeded to collect the remaining part of the debt Algeria owed to Bulgaria. Some USD 14.3mn, representing USD 9.5mn debt dating back from 1986 and USD 4.8mn in interest, have been wired to Bulgaria on August 2. Finance minister Simeon Dyankov said for Focus news agency that the government is in talks with other countries that have outstanding liabilities to the state as well. Some of these are Libya, Mozambique, Angola. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more