Daily brief
Romania’s Oltenia Energy Complex has begun mass layoffs, while Bulgaria’s cooking oil producers warn that fines would raise prices. The IMF’s Kristalina Georgieva expects the war to trigger demand for up to $50 billion in Fund support. Bulgaria’s labor cost rose 6.9% in 2015, and the country’s Antarctic expedition ship has returned to Varna.
Bulgarian scientists applaud growing space cooperation with China.
The Black Sea Bank will allocate $10.5 million to Bulgaria.
Romanian and Greek businesses flock to tax-heaven Bulgaria.
A Russian billionaire is reportedly eyeing Bulgaria’s Mtel owner.