Buyer is Serbian tycoon Miodrag Kostic, who has built a financial empire with AIK Banka and Gorenjska Banka of Slovenia.
The EBRD has increased its 2021 GDP growth projection for the emerging Europe and SEMED regions where it operates to 5.5% after a strong performance in H1.
Martin Buschmann says Albania must follow EU regulations on animal protection as it works towards accession.
Ruling coalition's future uncertain after PM Zoran Zaev announced his resignation.
Joint venture combines Croatian hypercar producer Rimac's EV expertise with Bugatti's 110-year heritage of design and engineering.
Health minister says no new lockdown but urges Bulgarians to stay home when possible and get vaccinated.
No clear way out of Romania's worst political crisis in decades as second attempt to form new government flops.
Eyewitnesses said Boyan Rasate of the far right Bulgarian National Union punched a female activist in the face and slashed the tyres of a scooter parked outside the Rainbow Hub in Sofia.
Candidate of Zoran Zaev’s SDSM lost by a wide margin to independent Danela Arsovska, backed by opposition VMRO-DPMNE, in the Skopje mayoral election.
British organisers said to have put restrictions on size of Turkish delegation and motorised vehicles.
Moldova's long-term contract with Gazprom expired at the end of September, leaving the country vulnerable at a time when energy prices have surged across Europe.
Independent candidate Danela Arsovska, backed by VMRO-DPMNE, is trying to wrest control of the capital from the SDSM's Petre Silegov in the mayoral election.
Moldova has been struggling to pay for gas from alternative sources after Russia's Gazprom cut supplies on October 1.
Bayraktar T2B said to have destroyed Russian-made howitzer in separatist-controlled area. Russia says uses of battlefield technology risks destabilising conflict situation.
Kiril Petkov, seen as a contender to become Bulgaria’s next prime minister, was found to have broken the law by holding dual citizenship while serving as caretaker minister.
Government made move amid fresh wave of lira depreciation that took currency to just short of 10 to the dollar.
Ridgecrest terminated talks on a possible takeover of Romanian low-cost airline Blue Air, but the airline still plans to press ahead with a London IPO in 2022.
As recovery continues, Slovenia is running up against the constraints of shortages of raw materials, intermediate products and skilled workers, central bank warns.
As Moldova struggles to strike a new natural gas deal with Russia’s Gazprom, Chisinau has mandated state-owned company Energocom to buy additional gas from EU countries.
Officials urge people to observe restrictions and get vaccinated as infections rise sharply.