Business » Finance

Sofia City Court Halts Insolvency Proceedings at KTB

The Sofia City Court has stopped insolvency proceedings launched at Corporate Commercial Bank (KTB).

Business » Finance | November 24, 2014, Monday // 11:39 | Viewed: 1645

Bulgarian Consumer Confidence Increases - NSI

Bulgaria’s consumer confidence index rose by 1.

Business » Finance | February 5, 2016, Friday // 18:38 | Viewed: 1033

Bulgaria Warns of 18 Unlicensed Investment Intermediaries

Bulgaria’s Financial Supervision Commission (FSC) has warned the potential investors about 18 firms that are not entitled to operate as investment intermediaries in the country.

Business » Finance | February 4, 2016, Thursday // 19:24 | Viewed: 1474

Bulgaria Reports Prelim BGN 952 M Budget Surplus for January

Bulgaria’s consolidated budget is expected to show a surplus of BGN 952 M for January equivalent to 1.1% of the projected 2016 GDP, according to preliminary data and estimates of the Finance Ministry.

Business » Finance | February 1, 2016, Monday // 18:58 | Viewed: 1332

Bulgarian Government Plans to Grant Pensioners BGN 50 M in Easter Bonuses

The Bulgarian government is planning to allocate BGN 50 M to pensioners in Easter bonuses.

Business » Finance | January 31, 2016, Sunday // 14:32 | Viewed: 1499

Bulgaria's C-Bank to Propose Approach to Eurozone Accession

The Bulgarian National Bank has said it will put forward a possible approach to the accession of the country into the single currency area.

Business » Finance | January 30, 2016, Saturday // 10:32 | Viewed: 2160

Bulgaria’s Budget Gap Shrinks to 2.9% at End-2015

Bulgaria closed last year with a consolidated budget deficit of BGN 2.47 B, equivalent to 2.9% of the projected Gross Domestic Product (GDP), the Finance Ministry announced on Friday.

Business » Finance | January 29, 2016, Friday // 21:38 | Viewed: 1596

Bulgaria’s Govt Debt at 26.4% of GDP at End-2015

Bulgaria’s government debt totalled EUR 11.

Business » Finance | January 29, 2016, Friday // 20:43 | Viewed: 1556

Bulgaria’s November Gross Foreign Debt Falls 12% from End-2014

Bulgaria’s gross foreign debt has decreased by 10.

Business » Finance | January 27, 2016, Wednesday // 15:59 | Viewed: 1445

Bulgaria Issues BGN 200 M 10Y-6M Government Bonds at 2.58% Yield

Bulgaria’s Finance Ministry has issued BGN 200 M worth of 10-1/2 year government bonds at a weighted average yield of 2.58%, as the issue was oversubscribed.

Business » Finance | January 26, 2016, Tuesday // 18:27 | Viewed: 1379

Cash Credit to Challenge Bulgaria C-Bank Sanctions in Court

Cash Credit, a Bulgarian non-banking financial institution, is taking the Bulgarian National Bank (BNB) to court over the latter's decision to impose sanctions on it for issuing credit card without having a license to do so.

Business » Finance | January 25, 2016, Monday // 12:14 | Viewed: 1652

Bulgaria’s Jan-Oct Trade Gap Shrinks

Bulgaria’s trade deficit for the first 10 months of 2015 has decreased compared with the same period of the 2014, as exports rose faster than imports, according to statistical data released by the country’s central bank.

Business » Finance | January 19, 2016, Tuesday // 21:04 | Viewed: 1594

Bulgaria Had 0 % Monthly Inflation in December 2015

According to the latest figures of the National Statistical Institute (NSI) released on Thursday, Bulgaria registered an annual deflation of 0.

Business » Finance | January 14, 2016, Thursday // 12:01 | Viewed: 2117

World Bank Raises Bulgaria 2016 GDP Growth Forecast to 2.2%

The World Bank has increased its forecast for Bulgaria’s economic growth in 2106 by 0.2 percentage points to 2.2%.

Business » Finance | January 7, 2016, Thursday // 18:02 | Viewed: 3657

Vienna Insurance Group Beefs up Presence in Bulgaria

Bulgaria’s Bulstrad, part of Vienna Insurance Group (VIG), has completed the acquisition of the country’s bancassurer UBB-AIG, VIG said on Tuesday.

Business » Finance | January 5, 2016, Tuesday // 19:49 | Viewed: 2170

Bulgaria FinMin Expects End-2015 Budget Deficit of 2.66%

Bulgaria is expected to close 2015 with consolidated budget deficit of BGN 2.

Business » Finance | January 3, 2016, Sunday // 12:10 | Viewed: 2007

Bulgaria’s End-November Budget Gap Shrinks to 0.5%

Bulgaria’s ran a consolidated budget deficit of BGN 406.

Business » Finance | December 30, 2015, Wednesday // 21:41 | Viewed: 2011

Bulgarian Banks 'Much Better' Than Before KTB Crisis - Prof Hanke

Bulgaria's banking system is "stronger" now than it was before the crisis at collapsed Corporate Commercial Bank (Corpbank or KTB), Prof Steve Hanke has opined.

Business » Finance | December 26, 2015, Saturday // 12:32 | Viewed: 2492

Bulgaria Finance Minister Expects 2015 Budget Gap of 2.5-2.6 Pct, Lower than Planned

Bulgaria’s budget deficit for 2015 will be lower than planned, Finance Minister Vladislav Goranov has said, citing preliminary estimates.

Business » Finance | December 23, 2015, Wednesday // 20:25 | Viewed: 2316

Bulgaria’s Gross Foreign Debt Falls 11% Y/Y in October

Bulgaria’s gross foreign debt decreased by 11% on the year in October, reaching EUR 34.

Business » Finance | December 23, 2015, Wednesday // 16:16 | Viewed: 2301

FDI in Bulgaria Rises 37.5% Y/Y in Jan-Oct 2015

Foreign direct investment in Bulgaria for the first 10 months of 2015 has increased by 37.

Business » Finance | December 18, 2015, Friday // 18:38 | Viewed: 2548

Bulgaria C-Bank Withdraws from Circulation One-Lev Note

The one-lev note will cease to be a legal tender in Bulgaria from next year, according to a decision of the country’s central bank.

Business » Finance | December 13, 2015, Sunday // 13:12 | Viewed: 2721