Business

EIB Lends EUR 500 M To Bulgaria

The European Investment Bank (EIB) is lending to Bulgaria EUR 500 M for co-financing priority projects supported by EU funds during the 2014 – 2020 Programming Period, said Bulgaria's Finance Ministry.

Business » Finance | 9 hours ago | Viewed: 378

Bulgaria To Create E-Registry of Its Tourist Destinations

Bulgaria's Tourism Ministry will create an electronic registry of all tourist destinations in the country, said Tourism Minister Nikolina Angelkova during the opening of the International Meeting Of Touroperators in Plovdiv.

Business » Tourism | November 27, 2014, Thursday // 16:43 | Viewed: 444

Bulgaria’s Energy Watchdog Pledges No Power Price Hike as of January

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) does not plan to approve a new power price increase from January 1, 2015, according to DKEVR Chair Svetla Todorova.

Business » Energy | November 27, 2014, Thursday // 14:03 | Viewed: 393

Bulgaria’s Finance Ministry Cuts Judiciary Budget Proposal by BGN 80 M

Bulgaria’s Finance Ministry has downsized the judiciary budget requested by the Supreme Judicial Council (VSS) for 2015 by over BGN 80 M.

Business » Finance | November 27, 2014, Thursday // 12:57 | Viewed: 455

Trips by Bulgarians Abroad Dip in October, Foreigners’ Visits Rise

The number of Bulgarians travelling abroad fell by 1.8% year-on-year in October, reaching 300,900, the statistics office said on Thursday.

Business » Tourism | November 27, 2014, Thursday // 12:34 | Viewed: 380

Bulgaria’s Tourism Minister Invites Deputy to Resign

Bulgarian Tourism Minister Nikolina Angelkova has expressed hopes that her deputy, Branimir Botev, will step down.

Business » Tourism | November 27, 2014, Thursday // 12:15 | Viewed: 492

Bulgaria’s Tourism Minister Plans Focus on Advertisement, Sustainable Development in 2015

Tourism Minister Nikolina Angelkova has said that the major portion of funding in 2015 would be allocated to advertisement and measures targeting the sustainable development of the sector.

Business » Tourism | November 27, 2014, Thursday // 11:24 | Viewed: 458

Bulgarian Energy Holding Conducts Top-level Reshuffle at Several Companies

The Board of Directors of the Bulgarian Energy Holding (BEH) has carried out a top-level reshuffle at a number of state-owned energy companies.

Business » Energy | November 26, 2014, Wednesday // 18:36 | Viewed: 543

Russia Will Build South Stream if Europe Wants to Reduce Gas Transit Risks - Minister

Russia will build the South Stream pipeline if Europe needs to diminish transit risks and secure stable gas supplies, according to Russia’s Economic Development Minister Alexey Ulyukayev.

Business » Energy | November 26, 2014, Wednesday // 16:44 | Viewed: 662

Minister Vows Comprehensive Audit of Bulgaria’s Energy Sector

Bulgaria’s Energy Minister Temenuzhka Petkova has vowed a comprehensive audit of the sector to establish the financial gap and identify ways of overcoming it.

Business » Energy | November 26, 2014, Wednesday // 15:48 | Viewed: 513

Bulgaria's 2015 Draft Budget Includes Minimum Wage Freeze

Keeping the minimum wage at its 2014 levels and slashing money for salaries in the administration by 10 percent are among the core points of next year's draft budget published on the Finance Ministry's website.

Business » Finance | November 26, 2014, Wednesday // 12:47 | Viewed: 548

Bulgaria to Negotiate Easing of Visa Regime for Balkan Tourists

The Bulgarian Minister of Tourism Nikolina Angelkova is planning to hold working meetings with her Balkan counterparts at which to discuss the possibilities of easing the regime on issuing of tourist visas.

Business » Tourism | November 26, 2014, Wednesday // 12:46 | Viewed: 653

Reuters: Bulgaria Picks 2 Local, 2 Int'l Banks for Bridge Loan

Two Bulgarian and two local banks have been chosen to provide a bridge loan worth EUR 1.

Business » Finance | November 25, 2014, Tuesday // 21:09 | Viewed: 1028

EU Commission Allows Bulgaria to Use EU Funds for Sofia Tech Park

Bulgaria has been given the thumbs up to spend BGN 83 M co-financed by the European Commission on the construction of Sofia Tech Park, officials say.

Business | November 25, 2014, Tuesday // 18:51 | Viewed: 677

Holders of Guaranteed Deposits in Bulgaria's KTB Number 255 000

There are 255 000 depositors whose money in Corporate Commercial Bank (KTB) is guaranteed under the law, newly-appointed Deposits Insurance Fund Chairman Radoslav Milenkov has said.

Business » Finance | November 25, 2014, Tuesday // 16:30 | Viewed: 1006

State Aid to FIB in Line with EU Rules, Commission Says

The European Commission said on Tuesday it has found that liquidity support granted by Bulgaria to First Investment Bank (FIB) was in line with EU state aid rules.

Business » Finance | November 25, 2014, Tuesday // 14:46 | Viewed: 694

Finance Ministry To Present Draft Budget Report

Bulgaria's Finance Ministry will present a report on the draft budget for 2015 and forecasts for 2016-2017 to the parliamentary budget committee.

Business » Finance | November 25, 2014, Tuesday // 08:01 | Viewed: 566

Finance Ministry Reopens 7-Year Issue of EUR-Denominated Govt Securities

Bulgaria’s Finance Ministry has reopened the 7 year issue of EUR denominated Government Securities (GS) issued on April 30, 2014 with maturity February 12, 2021.

Business » Finance | November 24, 2014, Monday // 20:26 | Viewed: 699

Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official.

Business » Energy | November 24, 2014, Monday // 20:12 | Viewed: 911

Israel 'to Offer Gas Pipeline Project' to EU

Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.

Business » Energy | November 24, 2014, Monday // 17:50 | Viewed: 941

Bulgaria to Receive EUR 25 M in Kozloduy NPP Decommissioning Aid in 2015

In 2015, Bulgaria will receive EUR 25 M in decommissioning aid for the Kozloduy nuclear power plant.

Business » Energy | November 24, 2014, Monday // 17:48 | Viewed: 1020