Petrol

Ljubljana – Petrol, Slovenia’s largest energy company, will significantly increase the prices of electricity and natural gas on 1 December. The price of electricity is expected to rise by around 30% and of natural gas by 12%, with Petrol citing higher energy prices on international markets as the reason.

Ljubljana – Monday’s commentary by the business daily Finance paints a picture of an arrogant government in Slovenia along with an incompetent opposition “and us in the middle, dividing ourselves”.

Bulgarian businessman Tsvetan Vasilev drained BGN 2.5 B out of his own bank through special purpose vehicles, consultancy firm AlixPartners says in a report made public on Tuesday.

The report had been ordered by officials to track down the assets of Bulgaria's fourth-largest lender after its insolvency was declared in 2014.