Investment

The onset of spring has seen a rally in emerging economies like Turkey, but the country's political risks are likely to rule out further growthThe European Central Bank's negative step on interest rates, as well as the U.S. Fed's postponement of its rate operation, look as if they have created a doping effect on "emerging economies," which also includes Turkey.

Emerging equities scored their biggest gains in seven weeks and currencies rallied on March 17 after a dovish U.S. Federal Reserve message, with even South African markets shrugging off local political tensions.

Albania is going to lease state land and properties with tourism potential to investors for the symbolic price of only one euro.

The decision taken on Wednesday does not target everyone. "Strategic investors" must be able to stump up at least 50 million euros for a touristic project.

Viki Komfort and Facility Optimum Bulgaria, the country's biggest cleaning services companies, have merged, transferring their ownership to two investment funds, specialized website Money.bg has reported.

Empower Capital and KJK Capital are in charge of their assets starting Monday. The two funds will invest EUR 5 M in the development of the new company.

The assets managed by resident and non-resident investment funds operating in Bulgaria totalled BGN 2.22 B as of end-December 2015, increasing by 13.2% year-on-year, the Bulgarian National Bank (BNB) announced on Friday.

In Big Short film a group of investors bets against the greed of the banks and what none believes that could happen: that loans will not be paid and Mortgage-Backed Securities will collapse.

Bulgaria's Financial Supervision Commission (FSC) has warned the potential investors about 18 firms that are not entitled to operate as investment intermediaries in the country.

"The list of the firms, which haven't been licensed by the FSC, will help prevent fraud when investment is made in financial instruments," the financial watchdog said in a statement on Wednesday.

The World Bank slashed its growth forecast for the global economy in 2016 on Jan. 6, citing "disappointing" growth in major emerging-market economies like China and Brazil.

1) Markets see sharp routs ahead of Fed's rate move

The U.S. Federal Reserve finally raised interest rates on Dec. 16, 2015, ending an extraordinary period of government intervention in the financial markets that started at the height of the recession.  

Deputy Foreign Minister Dimitris Mardas spoke at Capital Link investment conference in New York and called on investors to show confidence and invest in Greece.

He referred to government’s new policies which aim to attract new foreign investments and promote exports.