Stockholm police call in reinforcements as cars torched
Stockholm. At least six cars were torched in Stockholm Thursday evening as police called in reinforcements bracing for a fifth night of riots in the Swedish capital's immigrant-dominated suburbs, AFP reports.

Banks in mass hotel sell off
Sofia. The hotel business has turned into one of the major problems of Bulgarian banks, Banker weekly reports.

EBRD withdraws from MKB Unionbank
Sofia. The European Bank for Reconstruction and Development (EBRD) sold its 3% stake at MKB Unionbank to its majority shareholder – Hungarian MKB Bank.