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Balkans Bankruptcy News. Service for global professionals. Constantly updated news and information about Balkans Bankruptcy.
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Latest Balkans Bankruptcy News

  • Bulgarian economy hamstrung by inter-company debt - employer association 15 Dec 2009 11:50 GMT
    ... The combined debt of Bulgarian companies, outside the financial sector, is expected ... collection by creditors and ward off chain bankruptcies, he said. His point was echoed by ...

  • Insituform to cut 35 jobs from European operations 15 Dec 2009 02:43 GMT
    ... Insituform to cut 35 jobs from European operations ... the troubled automaker as it emerged from bankruptcy protection in July. Fritz Henderson, the former ... also leaving trenchless contracting markets in Belgium, Romania, Poland and Austria. Insituform will report $4.2 ...

  • Austria Nationalises Hypo Group Alpe Adria for EUR 1 14 Dec 2009 23:31 GMT
    ... Austria Nationalises Hypo Group Alpe Adria for EUR ... southeastern Europe. It has branches in Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Germany, Hungary, Italy, Macedonia, Montenegro, Serbia, Slovenia ...

  • No-Frills FlyNiki, Cimber Sterling Take off to Bulgaria 14 Dec 2009 23:31 GMT
    ... No-Frills FlyNiki, Cimber Sterling Take off to Bulgaria Former Austrian Formula One champion Niki Lauda ... from Burgas to Copenhagen before it went bankrupt this year. The Danish regional carrier Cimber ...

  • Austria takes over bank Hypo Alpe Adria 14 Dec 2009 19:53 GMT
    ... Austria takes over bank Hypo Alpe Adria A look ... also emerged that criminals from Hungary and Romania were involved in the crime, and that ... Hypo Alpe Adria from sliding into a bankruptcy fueled in part by bad loans, much ...

  • ÂBlairÂ's lust for power forced him to mislead public on IraqÂ' 14 Dec 2009 16:04 GMT
    ... Misfeasance in public office carries a life sentence! ... in this country - ending in near bankruptcy for all of us , foreign policy ... he sleep at night! If African and Serbian warlords can stand trial for similar crimes ...

  • Humor: UW to eliminate all students on Jan. 1 14 Dec 2009 04:33 GMT
    ... whose lectures on “Intersections of Identity in Balkan-American Communities: Women, Gender and Sexuality” have established ... role in saving New York City from bankruptcy. ...

  • Banks grant loans worth 400m euros under 'First Home' scheme 13 Dec 2009 23:03 GMT
    ... Romanian companies and the individuals had 7.2 billion ... the number of the unemployed and of bankrupt companies, and amid a... Caution generated by ...

  • Swiss fall to racist panic 13 Dec 2009 10:53 GMT
    ... once known as "the flying bank," went bankrupt. Next came the Holocaust crisis as Jewish ... small Muslim minority mostly comes from the Balkans and barely is religious. The only veiled ...

  • Romania's economy shows modest recovery despite continued suspension of IMF funds 13 Dec 2009 08:02 GMT
    ... Romania's economy has shown signs of a gradual ... the Romanian stock market experienced the first bankruptcy of a listed company, the IT&C retailer ...

  • Greece rules out seeking IMF help 11 Dec 2009 15:32 GMT
    ... BRUSSELS - Greek Prime Minister George Papandreou on ... offered last year to Hungary, Latvia and Romania, especially with mounting deficit worries also extending ... that the country may be heading towards bankruptcy. However, the 10-year yield on Greek bonds ...

  • Greek PM rules out appeal to IMF 11 Dec 2009 15:22 GMT
    ... The beleaguered premier said it was "out of the ... offered last year to Hungary, Latvia and Romania, especially with mounting deficit worries also extending ... that the country may be heading towards bankruptcy. However, the 10-year yield on Greek bonds ...

  • Bulgaria PM Asks EPP for Help on EU Funds, Eurozone Accession 11 Dec 2009 15:04 GMT
    ... Bulgaria PM Asks EPP for Help on EU ... from the Bonehead...Trichet won't be allowing any Balkan chancers in.....Only the czech republic has any real ... right now, ever worse than Bulgaria or Romania. Their bad debt is through the roof. ...

  • Doug Casey on Rome 11 Dec 2009 09:21 GMT
    ... : Doug, it seems that in almost every conversation we ... destroying what was left of it, while bankrupting the east. So many wars, then and ... Gaul, Egypt, and Dacia, which is today’s Romania. Gaul, today’s France, was the big one. ...

  • Bulgarian Banks Face Tough Year as Bad Loans Rise, Andreev Says 11 Dec 2009 07:18 GMT
    ... Bulgarian banks, 85 percent of which are foreign ... get worse before they get better.” Corporate bankruptcies will fuel unemployment, hurting purchasing power and ... 30 percent in the first half. The Balkan nation’s five biggest banks are UniCredit Bulbank AD, ...


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