Forms of government

"Serbia no longer run by tycoons," says Vucic

"Serbia no longer run by tycoons," says Vucic

BELGRADE -- "Serbia is no longer run by tycoons," Prime Minister Aleksandar Vucic has said in an interview with the U.S. television network CNN.

"I do not believe that the situation is the same, at least you cannot say that the country is run by tycoons like it was before - no one can say that," Vucic noted.

Austria’s BauMax Sells Bulgaria Unit for Token EUR 1

bauMax Bulgaria, a unit of Austrian do-it-yourself chain bauMax, has been sold for EUR 1 to Bulgaria's Haedus, money.bg reported on Friday.

According to Sofia-based Pressa daily, the buyer will also assume bauMax Bulgaria's outstanding debt and will cover its 2013 loss of BGN 37 M (EUR 18.5 M), money.bg said.

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