Daily brief
Romanian Patria Bank ended the first quarter with a 12% increase in net profit, reaching RON 11.3 million.
Progressive Bulgaria has halted road payments while auditing major highway projects.
Romania is considering new road toll rates based on EURO emission standards.
S&P affirmed Romania’s rating, citing expectations of quick political normalization and fiscal consolidation.
Solar power briefly covered Bulgaria’s full electricity demand, a first for the country.
Standard & Poor’s raised its outlook for Bulgaria, forecasting stronger growth ahead.