Sofia. Austrian Meinl Bank is preparing to open its Bulgarian branch. The Oesterreichische Nationalbank (OeNB) has granted its permission to the crediting institution in the beginning of May, 2013, Milen Keremedchiev, Director of the commercial representation of Meinl Bank in Sofia and future Executive Director of the bank’s branch told the Capital Daily. So far, the bank’s representation in Sofia has carried out several deals worth EUR 2-3 million with financing provided by the Vianna parent institution, he added.
London. There would be no winners and only economic losers if the UK quit the European Union, Goldman Sachs has warned in a note. Kevin Daly, part of the investment bank’s economic team, has concluded that a British departure from the EU would result in a “loss/loss scenario” in which both the UK and the rest of the bloc would be damaged, the Daily Telegraph reads.
Moore. A massive tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people as winds of up to 200 miles per hour (320 kph) flattened entire tracts of homes, two schools and a hospital, leaving a wake of tangled wreckage, Reuters reports.