US software and IT developer Cisco Systems plans to set up an entrepreneurs institute in the country to provide education programmes to businessmen and help them develop managerial skills, business and financial newswire Investor.bg reported. Also, Cisco vows to offer programmes to raise the qualifications of the state administration, especially in the area of EU fund utilisation. The company signed yesterday (Sep 16) a memorandum for understanding with the transport, IT and communications ministry. A total of 14,000 persons were trained in Cisco programmes over the past five years. |
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