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Credit

World news about “Credit” published by euronews.

30/06 15:14 CET

Bulgarian banks bolstered as EU extends credit line

Bulgarian banks bolstered as EU extends credit line

The European Commission has agreed to extend a credit line of 1.7 billion euros to bolster Bulgarian banks. Authorities in Sofia believe two of the country's major lenders have come under a systematic speculative attack. Last week the government took over the Corporate…