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: 2330

FDI in Bulgaria Falls 34% Y/Y for January-May - C-Bank

Foreign direct investment (FDI) in Bulgaria has decreased by 34.4% year-on-year for the first five months of 2016, dropping to BGN 517.3 M.

Business » Finance | July 20, 2016, Wednesday // 12:16 | Viewed: 2439

Bulgaria, Iran to Deepen Economic Ties, Fight Against Tax, Customs Fraud

Bulgaria and Iran will work towards deepening their economic ties and coordinating their activities against tax and customs crime.

Business » Finance | July 11, 2016, Monday // 17:09 | Viewed: 2134

Inspections Along Bulgaria's Black Sea Coast Brought Extra BGN 200 M in Revenues

The large-scale tax inspections, which have been conducted in Bulgaria's Black Sea resorts since June, have brought extra BGN 200 M in revenues.

Business » Finance | July 6, 2016, Wednesday // 15:00 | Viewed: 2151

Bulgaria Posts Budget Surplus of 3.1% of GDP for End-May

Bulgaria’s consolidated budget showed a surplus of BGN 2.77 B as at end-May, equivalent of 3.1% of forecast 2016 GDP, according to new Finance Ministry data.

Business » Finance | July 2, 2016, Saturday // 10:25 | Viewed: 3108

Bulgaria Expects BGN 3.09 Budget Surplus for H1 2016

Bulgaria is expected to close the first half of 2016 with a consolidated budget surplus of BGN 3.09 B equivalent to 3.5% of 2016 GDP forecast, the Finance Ministry has said, citing preliminary data and estimates.

Business » Finance | July 1, 2016, Friday // 18:50 | Viewed: 5959

Pensions in Bulgaria Increase by 2.6 %

With a decision of the supervisory board of the National Social Security Institute (NOI), pensions in Bulgaria increased by 2.

Business » Finance | July 1, 2016, Friday // 13:59 | Viewed: 3306

Bulgaria’s Govt Debt Equivalent to 29.3% of Projected 2016 GDP in May

Bulgaria’s government debt totalled EUR 13.37 B last month, equivalent to 29.3% of Gross Domestic Product forecast for the year, according to figures released by the Finance Ministry on Thursday.

Business » Finance | June 30, 2016, Thursday // 18:30 | Viewed: 2547

Juncker Said to Be Planning Introduction of Euro by All EU Member States after Brexit

European Commission President Jean-Claude Juncker “is believed to be set on ensuring” that the euro is introduced in the EU member states still using their own national currencies in a bid to spur European integration after Britons voted to leave the 28-n

Business » Finance | June 30, 2016, Thursday // 16:28 | Viewed: 4115

Bulgarian FinMin Foresees 3.5 % Budget Surplus for First Half of 2016

Bulgarian Finance Minister Vladislav Goranov expects the budget surplus for the first six months of this year to be 3.

Business » Finance | June 30, 2016, Thursday // 12:52 | Viewed: 2382

Bulgaria’s Gross Foreign Debt Reaches EUR 35.4 B at End-April 2016

Bulgaria’s gross foreign debt has increased by 3.

Business » Finance | June 28, 2016, Tuesday // 16:07 | Viewed: 1849

S&P Downgrades UK Ratings, Revising Outlook

Rating agency Standard & Poor's has lowered the United Kingdom's unsolicited long-term foreign and local currency sovereign credit ratings to AA, two notches down from the previous AAA.

Business » Finance | June 27, 2016, Monday // 22:10 | Viewed: 1662

Bulgaria's FinMIn Foresees No Serious Impact of Brexit

UK voters' decision to leave the European Union is unlikely to affect Bulgaria substantially, the country's Finance Minister Vladislav Goranov has said.

Business » Finance | June 26, 2016, Sunday // 18:15 | Viewed: 2028

Sofia Airport Reports 16 % Increase in Passenger Numbers in May

The airport of the Bulgarian capital reported 16 % increase in the number of passengers in May compared to the same month last year.

Business » Finance | June 22, 2016, Wednesday // 12:26 | Viewed: 3027

FDI in Bulgaria Drops 45% Y/Y in January-April 2016

Foreign direct investment (FDI) in Bulgaria has decreased by 45.

Business » Finance | June 18, 2016, Saturday // 10:28 | Viewed: 2936

Bulgaria’s C-Bank to Publish Currency Exchange Rates by 6 p.m. on Workdays

Bulgaria’s central bank said on Thursday that it would start publishing the exchange rates of foreign currencies against the Bulgarian lev by 6 p.m. Sofia time on business days as of July 1, two hours later than the current deadline of 4 p.m.

Business » Finance | June 16, 2016, Thursday // 18:22 | Viewed: 1963

Average Monthly Insurable Income in Bulgaria Was BGN 740.85 in Year to April 30

The average insurable income in Bulgaria was BGN 772.

Business » Finance | June 14, 2016, Tuesday // 16:54 | Viewed: 2620

Former PM Oresharski Warns of Possible Greek-style Debt Crisis in Bulgaria

Former Bulgarian Prime Minister Plamen Oresharski warned that Bulgaria is facing a possible Greek-style debt crisis.

Business » Finance | June 11, 2016, Saturday // 13:59 | Viewed: 3674

Bulgarian Banks Are Stable, PM Borisov Tells Greek C-Bank Chief Stournaras

The stability of the banking sector is extremely important for Bulgaria to avoid a repetition of the country’s banking crisis of 2014, Prime Minister Boyko Borisov said during a meeting with Greece’s central bank governor Yannis Stournaras on Friday.

Business » Finance | June 10, 2016, Friday // 16:25 | Viewed: 2047

Bulgaria, Greek C-Bank Chiefs Meet

The head of Greece’s central bank Yannis Stournaras has arrived in Sofia at the invitation of his Bulgarian counterpart Dimitar Radev.

Business » Finance | June 9, 2016, Thursday // 22:44 | Viewed: 1920

Bulgarian Parliament Approves BGN 1.2 B Loans to Deposit Insurance Fund

The parliament approved on Thursday the taking out of two new loans amounting to a total of BGN 1.

Business » Finance | June 9, 2016, Thursday // 14:35 | Viewed: 2617

Bulgaria Registered Economic Growth of 2.9 % Y/Y in Q1

According to preliminary figures of the National Statistical Institute (NSI) released on Tuesday, Bulgaria registered an economic growth of 2.

Business » Finance | June 7, 2016, Tuesday // 20:03 | Viewed: 2710