Paysend to open in Serbia new European tech hub
London-based fintech Paysend invests in Serbia by opening its new European Technology Center in Belgrade.
Southern & SE Europe
Gazprom grants Moldova extension to pay $73 mln for gas deliveries
Russia’s energy giant Gazprom warned Moldova on Monday (Nov 22) it would cut off gas supplies to the small East European nation in 48 hours unless it
Inflation in Moldova jumps in August as fuel prices rise
Consumer price inflation in Moldova jumped 4.64% year-on-year last month, following a 3.5% increase in July.
Athens Stock Exchange buys 10.24% stake in Belgrade bourse
The Athens Stock Exchange (ATHEX) is joining forces with the Belgrade Stock Exchange (BELEX) in order to collectively strengthen their presence in South East Europe and benefit from new opportunities.
EBRD the largest foreign investor in Moldova assumes sole ownership of Giurgiulesti Port
London-based European Bank for Reconstruction and Development (EBRD) acquired 100 per cent of the capital of the Danube Logistics SRL, the operator of Moldova's Giurgiulesti International Free Port, the country's only sea-river port located on the river Danube, near the b
Investments in CESEE decline but less so than in developed economies
In the first half of 2020, FDI inflows to Central, East and Southeast Europe (CESEE – 23 economies) declined by 58% - more sharply than globally, but smaller than the setback faced by the developed economies (75%), the Vienna Institute for International Economic Studies (
Food producer Bella Bulgaria takes over Creta Farms
Food processing firm Bella Bulgaria acquired Greek processed meat and dairy producer Creta Farms, for an undisclosed sum, the Bulgarian company announced on Sep.10.
EBRD voices concern over indictment against Moldova’s Victoriabank
London-based European Bank for Reconstruction and Development (EBRD) has expressed serious concerns regarding the indictment issued by Moldova’s Anticorruption Prosecutor's Office against Victoriabank, which it controls in partnership with Banca Transilvania, Romania's la
Western Balkans to enter a recession in 2020, says World Bank
Recession looms for Western Balkans as countries continue to grapple with the economic impacts of the COVID-19 (Coronavirus) pandemic.
Bulgaria continued to attract foreign investments in 2019
Bulgaria remains an attractive investment destination for foreigners.
