Europe
EBRD invests €100m in Bulgarian Energy Holding’s 7-year bonds
The European Bank for Reconstruction and Development (EBRD) has invested €100 million in a new seven-year €550 million bond issue…
Russia to restrict foreign currency purchase as rouble falls to two-year low
Russia’s central bank Friday said it would temporarily restrict foreign currency purchases to ease pressure on the local currency, the…
EBRD grants Modern-Expo $15m 7-yr loan
The European Bank Reconstruction and Development (EBRD) is supporting operations of Modern-Expo, one of the largest manufacturers and suppliers of…
BoE raises interest rate to 0.75%, highest level since 2009
The Bank of England’s Monetary Policy Committee have voted unanimously for a 25 basis point increase, which takes the BoE’s…
BMW to build $1.17 billion car factory in Hungary
Leading car manufacturer, BMW said it is investing $1.17 billion in a new car factory in eastern Hungary, according to…
Germany plans crackdown on online shopping tax fraud
Germany is planning tougher rules for online shopping platforms to help combat sales tax fraud that is estimated to cost…
