Gov't assists in promotion of local production

Energy-rich Azerbaijan, which seeks to bolster the economic growth through stimulating and strengthening the export potential of its non-oil sector, continues to take certain measures in this regard.
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The body reins back its growth estimates due to uncertainty about White House policies.
Bank workers union Etyk said Tuesday its board of directors “unanimously” decided to ask members at Hellenic Bank to hold a 24-hour strike on Friday, June 30. The decision came after Hellenic Bank wo
Here's a look back at the key dates in the EU's legal tussle with Google.
Nine out of 10 savings accounts pay interest of less than 1%, Moneyfacts says.
Lloyds Banking Group is on course to miss a self-imposed June deadline to make compensation offers to victims of the HBOS fraud scandal.
''There has been a steady downward trend in the world oil prices over the past month, but it still can not affect the price of gas in Bulgaria and get it lowered'', the chair of the Energy and Wate
The UK cosmetics retailer has been sold by L'Oreal to Natura of Brazil.
A government overhaul of trade union law, designed to tighten the rules around balloting for industrial action, came into force in March.
Telecom company Digi Mobil registered an increase in the number of users in the first quarter of this year, reaching 3.3 million, and the 4G traffic accounted for 50 percent of the overall traffic. Th
EU antitrust regulators hit Alphabet unit Google with a record €2.42bn fine on Tuesday, taking a tough line in the first of three investigations into the company’s dominance in searches and sma
Banks, retailers, energy firms and the airport appear to have been targeted by a malware attack.
Lord Mayor of London, Dr Andrew Parmley, an ambassador of British financial services, visits Romania between June 29-30, in a bid to boost the business relations between the City of London and Buchare
Intesa Sanpaolo took over Veneto Banca and Banca Popolare di Vicenza assets and liabilities, including the network of Romanian branch, for EUR 1. Intesa Sanpaolo, Italy’s leading banking group,
In May 2017, the number of the trips of Bulgarian residents abroad was 653.3 thousand or by 15.7% above the registered in May 2016. In comparison with the same month of the previous year an increase w
Irish Tourism has expereinced an increase in the amount of tourists visiting the Emerald Isle.
Blachotrapez, one of the most important Polish companies of metallic rooftops, opens this year a new production hall at Baia Mare, following an investment of EUR 800,000, near the existent factory. &#
Czech power group Energo-Pro has submitted an offer for the Bulgarian assets of power utility CEZ Group, the company’s Bulgarian subsidiary Energo-Pro Varna told SeeNews on Monday. “We cannot provide
The project, set to create a 'world class exhibition and performance venue', is expected to be completed by 2020
French tire manufacturer Michelin has unveiledan innovative 3D printed tire at the 2017 Movin'On - the international summit forsustainable mobility heldin Montreal. Michelin's concept tire called “VIS
The European Bank for Reconstruction and Development (EBRD) is launching the EUR 100 million Green Economy Financing Facility (GEFF) for the country to support Romanian households to save energy and m
Russian billionaire, Mikhail Fridman’s L1 Retail investment vehicle has agreed to buy British retailer, Holland & Barrett, for £1.77bn (€2.01bn), in its first acquisition, betting
Financial markets are not expecting any increase in UK rates in the coming 12 months despite a pick-up in inflation to 2.9%.
Japan’s Takata, at the centre of the auto industry’s biggest-ever product recall, filed for bankruptcy protection in the US and Japan, and said it had agreed to be largely acquired for $1.
German business confidence unexpectedly rose in June to a record high, as strong domestic consumption and robust exports combined to make company executives increasingly upbeat about the growth outloo
A family of confectioners who were the creators of ‘emeralds’ sweets has lost an appeal over whether there were rights-of-way over their former factory lands in Co Donegal.
A comprehensive plan is needed for two IDA-owned sites in Cork — one lying idle in Fermoy since 2002 and another in Kilbarry on Cork City’s northside that is “underutilised for years
British pub group JD Wetherspoon is to spend €15m on developing its controversial site on Dublin’s Camden Street.
British consumers increased their borrowing at the slowest pace in more than a year-and-a-half in May and banks offered fewer mortgages, data from the country’s banking industry showed yesterday
Irish oil and gas exploration company Petrel Resources said it has “sufficient” funds to cover activities for the “near future” despite seeing losses widen by nearly 13% over t
The economy could grow by as much as an “above trend” 4.4% this year, one economic think-tank has said.
The BBC's Kamal Ahmed explains the difference between a hard or soft Brexit for the UK.
The economic sentiment indicator declined by 0.8 points in June, to 117.6, as confidence in construction fell, accompanied by a drop in consumer confidence, the University of Cyprus said. The decline
Magnificus Plaza will open the first events room in franchise system in May 2018 and its investment is worth EUR 1 million. The project will be located in Suceava city, at around 6 km of Cetatea de Sc
Bulgaria and Greece will speed up the activities necessary for the completion of the natural gas interconnector project between the two countries, quoted by Tornos news.  The commitment was confirmed

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