International Monetary Fund
Nikolic at donor conference in Brussels
BELGRADE - Serbian President Tomislav Nikolic will attend a donor conference dedicated to repairing the damage from the floods in Serbia and Bosnia-Herzegovina, and the event will be held in Brussels on July 16, Serbia's Foreign Minister Ivica Dacic said on Wednesday.
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Ex-PM Borisov Referred to Prosecution over Bank Comments
Bulgaria’s former Prime Minister Boyko Borisov has been referred to the Prosecution for discrediting the banking sector with some of his recent comments.
The signal to the Prosecution was sent by the former Defense Minister and founder of the Movement for Justice, Nikolay Tsonev.
IMF 'Ready to Help' Bulgaria
The International Monetary Fund is ready to help Bulgaria, an IMF spokesman has said.
His words come as the country is seeking to safeguard the stability of its banking system.
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Natural gas price up 2.5 pct for households, 1.5 pct for companies as of July 1
Natural gas is 2.5 percent more expensive for households and 1.5 percent for industrial consumers starting from Tuesday, Romanian Energy Regulatory Authority (ANRE) President Niculae Havrilet announced.
Easter shopping helps Greek retail sales post biggest rebound in 2 years
Retail sales in Greece rebounded in April, data showed on Monday, with Easter shopping helping to post the strongest rise in more than two years.
Retail sales by volume rose 7.3 percent year-on-year after a downwardly revised 1.2 percent drop in March, according to statistics service ELSTAT.
Bulgaria's bank crisis eases after Europe okays credit line
Bulgaria's banking crisis eased on Monday with fewer depositors queueing to withdraw savings after leading politicians assured them that their cash was safe and the European Commission gave Sofia the green light to provide state aid to its lenders.
Investors heed IMF view on banks
Systemic lenders cannot ignore market concerns over likely significant additional capital requirements
By Dimitris Kontogiannis
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FinMin Warns against Opposition Leader's 'Overreaction' on Banks
Excessively emotional political messages by GERB party's leader Boyko Borisov could lead Bulgaria to destabilization, Finance Minister Petar Chobanov said.
In an official statement to the media he warned against "uncontrollable and incompetent" comments on "sensitive" issues such as financial security and stability of the state.
Bulgaria 'on EU Average' in Compliance to Brussels Recommendations
Bulgaria has observed just 16% of economic recommendations issued by the EU Commission, a European Parliament survey reveals.
The data cited by EurActiv shows the country is close to the European average, which is 18% and which shows member states largely ignore the EU Commission's proposals for reform.
Bulgaria 'Should Demand' IMF Loan - Opposition Leader
Center-right GERB party's leader Boyko Borisov has said Bulgaria should receive a billions-worth loan by the International Monetary Fund (IMF) to boost the banking system.
The question is not if, but "when and how the IMF is to be called," Borisov was quoted by the Bulgarian National Radio as saying.