Development Bank
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BSTDB-Eurobank deal to finance promotion of international trade in Greece
Eurobank announced on Thursday that the Black Sea Trade and Development Bank (BSTDB) is fueling the promotion of international trade in Greece with a 15-million-euro trade finance facility to Eurobank Factors (EF).
Experts Query Bosnia's Solid Growth Rate
Bosnia's Council of Minister has issued optimistic projections about the country's GDP growth in 2015, but experts say the reported increase has little to do with the real economy.
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Greece aims to boost green business
Greece plans to use part of new community funds in order to support green sectors of production which have been either downgraded or remain in hypnosis, Economy Deputy Minister Alexis Haritsis said in an interview to Greenagenda.gr.
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Banks to Lend USD 1B to Azerbaijan Gas Project to Boost Europe's Energy Security
Banks are arranging USD 1B in financing for, a key offshore gas field project in Azerbaijan seen as crucial for Europe's energy security, the European Bank for Reconstruction and Development (EBRD) has said.
Bulgaria PM Renews Calls on C-Bank Governor to Resign
Prime Minister Boyko Borisov has demanded that Bulgarian National Bank (BNB) Governor Ivan Iskrov step down.
He has also made clear the government is not considering to offer him any "peaceful heaven", against the backdrop of earlier media reports.
Finance Minister Denies Reports of Ivan Iskrov's Appointment To Black Sea Trade and Development Bank
Bulgaria's Finance Minister Vladislav Goranov denied the reports that Ivan Iskrov, Governor of Bulgaria's Central Bank (BNB), will be appointed representative of Bulgaria at the Thessaloniki-based Black Sea Trade and Development Bank (BSTDB).
Bulgaria C-Bank Governor 'Likely to Resign in end-November'
Bulgarian National Bank (BNB) governor Ivan Iskrov is likely to step down by the end of November, sources in Parliament say.
The arrangement has been made after consultations Iskrov held with Prime Minister Boyko Borisov and the parliamentary groups of parties in the ruling axis, the website Mediapool.bg reports citing the sources.
Serbia, BSEC want to step up cooperation
BELGRADE - Serbia’s Deputy Prime Minister Zorana Mihaljlovic and Secretary General of the Organization of the Black Sea Economic Cooperation (BSEC) Victor Tvircun agreed Tuesday that there were opportunities to expand cooperation between Serbia and the organization in the areas of transportation and environmental protection, and also within the framework of the Danube Commission.
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EBRD Finances Solar Project in Romania
The EBRD is loaning Spain's EDP Renovaveis, a leader in the renewable energy sector, with 20 million euro to construct and run six solar photovoltaic parks generating a total of 50MW in the southern Romanian region of Oltenia.
A parallel facility costing 10 million euro will be provided by the Black Sea Trade and Development Bank, according to a statement released on Thursday.
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