November 25 (SeeNews) - Following are some of the main stories in Bulgarian newspapers on Wednesday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
- The European Commission has launched an infringement procedure against Bulgaria over for the lack of competition in providing ground services at the Sofia airport, a move that could eventually trigger a safeguard clause against Bulgarian aviation. Two Swiss companies - Swissport and Militzer&Munch Air Cargo Services, have filed complaints before the Commission against the what they claim is a monopoly position enjoyed by the Sofia airport operator in ground services.
- The build-up of bad and restructured credits - which have risen 11.9% and totalled 3.48 billion levs in October, remains the main challenge to Bulgaria's banking system. As of end-October a total of 9.08% of all credits (excluding overdraft facilities) were classified as substandard compared to 8.15% in the third quarter, central bank data showed.
- Foreign direct investment (FDI) in Bulgaria will reach 2.5 billion euro by the end of the year, Chairman of the National Investment Agency Stoyan Stalev said. Bulgaria attracted slightly over 12 billion levs in FDI last year.
(1 euro=1.95583 Bulgarian levs)