Offshore Company Allowed to Acquire Technomarket Bulgaria

The competition watchdog of Bulgaria has given the green light for a Dubai-registered offshore company to acquire consumer electronics retailer Technomarket.

TGI Middle East FZE is also the entity which several months ago bought a stake in Bulgarian tobacco holding Bulgartabac, purchasing shares from controversial MP Delyan Peevski and Italian businessman Edoardo Miroglio.

Uber Bulgaria Launches Online Petition to Renew Services

Car-hiring service Uber has started a petition calling on users to stand up for its right to remain active in the Bulgarian market, its website shows.

It explains[BG] the petition could send a strong message to the government demanding that it that citizens say "yes" to innovations, new regulations, and the right to choose.

High court upholds fine against TV station for racy weather gal (Watch vid – You judge!)

Greece’s Council of State, the country’s highest administrative court, on Monday published a decision that maintains a fine against an Athens television station for its raunchy prime-time weather reports by a scantily clad presenter.

The original fine was levied by the board of the National Council for Radio-Television, an independent broadcast watchdog agency, known as ESR.