Bulgaria Expects Great News on Eurobond Float, FinMin Says
Bulgarian Finance Minister and Deputy PM Simeon Djankov has made clear his high expectations for the country's upcoming Eurobond float.
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Business » Finance
Bulgarians Owning Greek Real Estate Reminded to Pay Tax
Bulgarians, who own real estate property in Greece, owe taxes there, the National Revenue Agency, NRA, reminds.
First Investment Bank Wins Bulgaria's 2011 'Bank of the Year' Award
First Investment Bank has been declared Bulgaria's "Bank of the Year" for 2011 in the 20th edition of the annual "Bank of the Year" Awards, the organizers announced Wednesday.
Bulgaria's Budget Balance Turns Positive in Jan-May 2012
Bulgaria's state budget has come to a positive balance for the first five months of 2012, after May became the second month in a row to register monthly budget surplus, the Bulgarian Finance Ministry announced Tuesday.
Bulgaria Starts Investor Meetings ahead of Eurobond Float
Bulgaria starts on June 25 a series of investor meetings across Europe ahead of the eurobond issue that the country plans to float this year, one of the banks organizing the meetings said.
New Greece Cabinet Requests Austerity Deferral
The new Greek coalition cabinet led by PM Antonis Samaras has asked for a delay to the full imposition of austerity measures to satisfy Greece's bailout plan.
Bulgaria Hopes to Sell 50.5% in Bourse by End-2012
Bulgaria hopes to find an investor for its only stock exchange by the end of this year after failing to do so by the beginning of the summer as initially planned.
Sogelease Bulgaria Launches 'Leasing Protection' to Guarantee Security in Unforeseen Circumstances*
The leasing company of Societe General Expressbank - Sogelease Bulgaria, in cooperation with Societe Generale Insurance, launched a brand new joint project on the market, focused on customer care – "Leasing Protection".
Moody's Downgrades 15 Major Banks
The credit ratings agency Moody's has downgraded 15 banks and financial institutions, some of the world's biggest, citing concerns about the stability of the global financial system.
UniCredit Bulbank Launches Pioneer Product for Expats in Bulgaria
UniCredit Bulbank, part of the UniCredit Group, said it plans to launch a package of banking services tailor-made for the needs of foreigners living in Bulgaria.
Zoellick Warns about Global Crisis amid Greece Election
Outgoing World Bank president Roberd Zoellick has warned that financial troubles in Europe could trigger a new global crisis, just at a time that Greece is holding parliamentary elections seen as crucial for the eurozone.
Bulgaria Gets EUR 400 M in FDI in Jan-Apr 2012
Bulgaria's FDI in the first four months of 2012 amounted to EUR 407 M, according to preliminary data, released Friday, June 15, 2012, by the Bulgarian National Bank.
Emporiki Transfers Bulgaria Unit Shares to Agricole
French bank Credit Agricole has taken control of assets in Bulgaria, Romania and Bulgaria of its Greek subsidiary Emporiki Bank, it said in a statement, amid concerns over a possible Greek euro exit.
World Bank Sets Bulgaria Economic Growth at Meager 0.6%
The World Bank has revised sharply downwards forecasts for Bulgaria's economy, estimating it is to expand just 0.6% this year.
Moody's Downgrades Two Cypriot Banks over Greece
Moody's Investors Service lowered its ratings on two Cypriot banks, citing their increased exposure to Greece and their vulnerability to a possible Greek exit from euro zone.
Bulgaria's Unemployment Rate Drops to 11% May 2012
Bulgaria's unemployment rate dropped to 11% in May 2012 from 11.4% the previous month, according to the country's Employment Agency.
Bulgaria Registers Negative May 2012 Inflation
The consumer price index (CPI) in Bulgaria in May 2012, compared to April 2012, was 99.9%, i.e. the monthly inflation was -0.1%.
Insurers to Lose BGN 10 M from Western Bulgaria Earthquake
Insurance companies will be pay about BGN 10 M in order to compensate owners for the damages caused in Western Bulgaria by the May 22 earthquake, the Association of Bulgarian Insurers announced.
Bulgaria Expects Better Terms for New Eurobond
Bulgaria is likely to issue its five-year sovereign eurobond on better terms than the country's foray into international capital markets back in 2002, analysts have said.
Bulgarian FinMin to Reward Fiscally Stable Municipalities
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, has promised additional funding from Budget 2013 for municipalities with a stable fiscal state.
Spain to Get Up to EUR 100 B Euro Zone Bailout for Banking Sector
Spain is going to receive a bailout loan from the rest of the euro zone in order to recapitalize its banking sector.
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