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: 1893

World Bank Approves 2017-2022 Partnership Framework for Bulgaria

The World Bank has endorsed the new partnership framework for Bulgaria for the next six years aimed at strengthening institutions for sustainable growth and investing in people.

Business » Finance | May 20, 2016, Friday // 12:01 | Viewed: 2491

Assets Managed by Investment Funds in Bulgaria Grow 2.6% Y/Y in March

The assets managed by resident and non-resident investment funds operating in Bulgaria increased by 2.

Business » Finance | May 20, 2016, Friday // 09:21 | Viewed: 1924

FDI in Bulgaria Drops 37% Y/Y in Q1 2016  

Foreign direct investment (FDI) in Bulgaria decreased by 36.6% year-on-year in the first quarter of 2016, dropping to EUR 371.3 M according to preliminary data, the country’s central bank announced on Wednesday.

Business » Finance | May 18, 2016, Wednesday // 18:23 | Viewed: 1847

Bulgaria to Grant 35-Year Concession on Sofia Airport

Bulgaria will award a concession on Sofia Airport for a period of 35 years, the government has decided.

Business » Finance | May 17, 2016, Tuesday // 12:48 | Viewed: 2289

Bulgarian Household Income Rises 4.2% Y/Yin Q1, Expenditure up 0.9%

The total income average per household member in Bulgaria has increased by 4.2% year-on-year in the first quarter of 2016, reaching BGN1,237, according to official data.

Business » Finance | May 17, 2016, Tuesday // 09:48 | Viewed: 1575

Bulgaria’s Govt to Discuss Granting Concession on Sofia Airport

A draft decision for granting concession on Sofia international airport is on the agenda of a meeting of the Bulgarian government on Tuesday.

Business » Finance | May 17, 2016, Tuesday // 08:40 | Viewed: 1739

Bulgaria Registered 0 % Inflation in April

According to the latest figures of the National Statistical Institute (NSI) released on Friday, Bulgaria registered 0 % monthly inflation in April.

Business » Finance | May 13, 2016, Friday // 15:16 | Viewed: 1909

IMF Projects 2.3% GDP Growth for Bulgaria in 2016

Bulgaria's economic growth is expected to slow down to 2.3% in 2016 from 3.0% in 2015 reported last year, the International Monetary Fund (IMF) said on Friday..

Business » Finance | May 6, 2016, Friday // 16:53 | Viewed: 2348

Panama Papers: First 'Politically Exposed' Bulgarian Name Emerges

Bilyan Balev, the co-chair of the Bulgarian Development Bank, has become the first "politically exposed person" from Bulgarian who se name is revealed in the Panama Papers affair.

Business » Finance | May 5, 2016, Thursday // 15:00 | Viewed: 3880

AlixPartners Accuse Corpbank Owner of Taking Money from His Bank

Bulgarian businessman Tsvetan Vasilev drained BGN 2.

Business » Finance | May 4, 2016, Wednesday // 12:33 | Viewed: 2534

Receivers Make Public AlixPartners’ Final Report on Bulgaria’s Insolvent KTB  

The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgaria’s fourth-largest lender.

Business » Finance | May 3, 2016, Tuesday // 20:25 | Viewed: 3096

Bulgarian Govt Debt Rises to EUR 13.35 B at End-March

Bulgaria’s government debt increasedto EUR 13.35 B at the end of March, compared with EUR 11.60 B a month earlier, according to data from the Finance Ministry.

Business » Finance | April 30, 2016, Saturday // 17:52 | Viewed: 3130

Bulgaria Expects Budget Surplus to Exceed BGN 2.3 B at End of April

Based on preliminary data and figures, Bulgaria’s finance ministry estimates that budget surplus will exceed BGN 2.

Business » Finance | April 29, 2016, Friday // 15:51 | Viewed: 2786

Bulgaria’s End-February Gross Foreign Debt Falls 0.7% from End-2015

Bulgaria’s gross foreign debt totalled EUR 33.

Business » Finance | April 26, 2016, Tuesday // 16:56 | Viewed: 4172

Bulgaria's Government Deficit, Debt Stood at 2.1 %, 26.7 % in 2015

According to preliminary figures of the National Statistical Institute (NSI) released on Thursday, Bulgaria's government deficit and debt decreased last year compared to 2014.

Business » Finance | April 21, 2016, Thursday // 11:56 | Viewed: 4811

Bulgarian Company Wins DFC Innovation Award

Bulgarian microfinance service CashCredit has won an award from the Mondato Summits, events focused on developing the emerging Digital Finance and Commerce space.

Business » Finance | April 19, 2016, Tuesday // 13:14 | Viewed: 4244

Jan-Feb FDI in Bulgaria Drops  - C-bank

Foreign direct investment (FDI) in Bulgaria for the first two months of the year totalled  EUR 81 M,equivalent to 0.

Business » Finance | April 18, 2016, Monday // 18:26 | Viewed: 4471

Bulgaria MPs Approve Making Report on Insolvent KTB Public

Lawmakers in Bulgaria have voted to approve on a second reading changes to the Balk Insolvency Act paving the way for the publication of a report tracking the assets of insolvent Corporate Commercial Bank (Corpbank or KTB).

Business » Finance | April 14, 2016, Thursday // 11:10 | Viewed: 5042

IMF Forecasts Bulgarian Economy to Grow by 2.3 % in 2016, 2017

The International Monetary Fund (IMF) forecasts the Bulgarian economy to register a growth of 2.

Business » Finance | April 13, 2016, Wednesday // 15:11 | Viewed: 4661

Panama Papers: Bulgaria Waiting for ICIJ Data

Bulgaria has found no evidence of wrongdoing by Bulgarians in the Panama Papers affair, Finance Minister Vladislav Goranov has said.

Business » Finance | April 13, 2016, Wednesday // 07:57 | Viewed: 4711

Panama Papers: Bulgarian MP Proposes Tax Amnesty for Offshore Account Holders

A Bulgarian MP has proposed to announce a tax amnesty scheme for the country’s nationals holding funds in bank accounts in offshore jurisdictions following revelations in Panama Papers leaks.

Business » Finance | April 8, 2016, Friday // 20:25 | Viewed: 4996