Bulgarian FinMin Waives VAT on SMS Text Donations
Bulgarian Finance Minister Simeon Djankov has issued an ordinance waiving the value-added tax on donation campaigns via SMS Text Messages.
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Business » Finance
GERB to Up Bulgarian Pensions by at least 7.6%
The exact percentage of the increase of retirement pensions in Bulgaria is still being discussed, but it would not be less than 7.
FIB Denies Reports It's Buying 2 Major Bulgarian Papers
Bulgaria's First Investment Bank (FIB) has denied recent media reports that it is about to purchase two two high-circulation dailies, Trud and 24 Chasa.
Bulgarian Insurers Register BGN 71 M Profit in 2011
The 43 licensed insurance companies in Bulgaria registered a combined total profit of BGN 71. M in 2011, according to data of the National Statistical Institute announced Thursday.
FDI in Bulgaria's Non-Financial Sector Down 2.2% in 2011 Y/Y
According to preliminary data the foreign direct investments in the non-financial sector in Bulgaria as of December 31 2011, amounted to EUR 21 616 M, which is a 2.2% decrease, compared to 2010.
Merkel, Monti Differ on ESM Bank License in Euro Crisis Talks
German Chancellor Angela Merkel and Italian Prime Minister Mario Monti disagreed on whether the euro area's permanent bailout fund should receive a bank license as they seek to keep Europe's debt-crisis response on track.
Socialists Accuse Bulgaria's Rulers of Municipal Pork Barreling
Bulgaria's ruling party GERB and the Cabinet of Prime Minister Boyko Borisov is exerting pressure on the municipalities to raise local taxes, according to the opposition Bulgarian Socialist Party.
Special ‘First School Day’ Promotion for Expresso Loan
Societe Generale Expressbank offers attractive interest rate and simplified procedure on its most popular consumer loan
Bulgaria's State Debt Up by EUR 560 M in 2011
Bulgaria's nominal state debt grew by EUR 560.9 M in 2011 year-on-year, according to Finance Ministry data released Friday.
Citigroup: 90% Chance Greece Leaving Euro Zone Shortly
Citigroup has forecast a 90% that indebted Greece will be leaving the euro zone in two months.
Bulgaria's Govt Gives Extra Money to Sofia Municipality, Defense Ministry
Bulgaria's government allocated Monday extra budget payments of BGN 11.2 M to the Sofia Municipality and of BGN 10 M to the Defense Ministry.
Schaeuble: No More Bailout for Greece
Germany is againt allotting additional bailout funds for Greec, stated German Minister of Finance Wolfgang Schaeuble.
Bulgarian Ministries, State Institutions Owe BGN 20 M to Municipalities
Bulgarian ministries and state institutions owe nearly BGN 20 M to municipalities, according to data of the Finance Ministry about local taxes and fees liabilities by August 2012.
Average Bulgarian Household's Income Up 14% Q2 2012 Y/Y
The average total income per household member in Bulgaria in the second quarter of 2012 was BGN 1071 which is an increase of 13.8% compared to the same period of 2011.
Bulgaria's FDI Crawls Up in H1 2012
Foreign Direct Investments, FDI, in Bulgaria in the first half of 2012 have reached EUR 221.4 M or 6% of the Gross Domestic Product, GDP.
Late Payments by Bulgaria's Govt at BGN 146 M
Late payments by the government amounted to BGN 146 M by end-June, according to reports of Bulgaria's Finance Ministry.
Bulgaria Finance Minister Rejects VAT Differentiation Proposals
Finance Minister Simeon Djankov has vowed that Bulgaria will not introduce differentiated VAT rates, despite the fact that the proposal is floated every year before the budget procedure.
Bulgaria's Municipal Debt Shrinks by EUR 100 M Y/Y
The Bulagrian Ministry of Finance revealed Tuesday a fiscal assesment of the country's municipalities conducted under a new methodology.
Bulgaria Registers Positive July 2012 Inflation
The Consumer Price Index in Bulgaria in July 2012 compared to June 2012 was 101.5%, i.e. the monthly inflation was 1.5%.
Bulgarian FinMin Announces 'Period of Income Rise'
The time to increase income has arrived, according to Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov.
S&P Raises Bulgaria S-T Rating Using New Methodology
Standard & Poor's ratings agency raised its short-term foreign and local currency sovereign credit ratings on Bulgaria to 'A-2' from 'A-3' based on its recently adopted methodology.
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