The reflux of capital from Greek banks in 2016 boosted bank deposits in Bulgaria and Romania, Greece’s Ekathimerini contends. The deposits in Bulgaria saw a 10% increase year on year and in Romania bank deposits rose 8%, whereas in Greece they dwindled with 23%. Many small and medium-sized companies, mainly in Northern Greece, have transferred their bank deposits from local banks to banks in Bulgaria and Romania. The money transaction procedure in those two counties is alleviated, because they are EU members, Ekathimerini notes.
The traffic of trucks in the area of the Danube Bridge at the border with Romania is heavy. This situation is expected to continue over the weekend as the trucks that were waiting at the Kapitan Andreevo crossing at the Bulgarian-Turkish border for..
The truck traffic on the Maritsa highway to the Kapitan Andreevo border crossing at the Bulgarian-Turkish border is now normalized. "As of this morning, there are no more queues of trucks standing on the roadway waiting to cross the border," assured..
At the request of the European Public Prosecutor's Office, searches have been carried out in Sofia, Burgas, Petrich and Rila in connection with an investigation into alleged fraud with EU funds in the restoration of a church. In 2017, a public tender..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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