Bulgaria Goes for Euro Bond Sale to Repay Debt
Bulgaria is already preparing the sale of bonds on international markets to finance BGN 1.8 B of global bonds that mature in early 2013, the finance minister announced.
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Business » Finance
Bulgaria Seeks Only Majors to Help Sell Stock Exchange - Report
Bulgaria will seek to hire only major investment banks or consultancies to help arrange the privatization of the country's only stock exchange and depository, according to insiders.
Bulgarian Economy Minister Nominee to Pour BGN 1B into SMEs
Delyan Dobrev, the nominee for Minister of Economy, Energy and Tourism, has vowed to channel investments of BGN 850 M – 1 B in small and medium-sized enterprises (SMEs) by end-2012.
Bulgaria's Corpbank Mulls Foreign Stock Exchange Listing
Bulgaria's Corporate Commercial Bank, which holds nearly half of the deposits by state-run companies, is planning to float on a foreign stock exchange.
Greece Should Follow Bulgaria, Albania Tax Example - Steve Forbes
Greece should follow the example set by neighbors Bulgaria and Albania and introduce a flat tax, according to Steve Forbes, 64-year-old publisher of the Forbes magazine-and-web empire.
Go-Ahead for Bulgaria's Stock Exchange Sale, Majors Wooed - Report
Bulgaria targets major global and European bourse operators for the sale of its only stock exchange, which it hopes to wrap up in the first half of this year, according to insiders, cited by local media.
Fellow Expert Blasts Bulgarian FinMin Silver Fund Idea
The Head of the Bulgaria Financial Supervision Commission, Stoyan Mavrodiev, became Tuesday the latest expert to attack Deputy Prime Minister and Finance Minister, Simeon Djankov, on his plans for the Silver Fund.
Bulgaria EU Commissioner Says Yes to VAT Reduction
Bulgaria's European Commissioner Kristalina Georgieva has backed the government's plans to lower the 20% value-added-tax by the end of its term, but with a pinch of salt.
Bulgaria Sees 2% Inflation Rate Feb 2012 Y/Y
Bulgaria's February inflation rate reached 2% as compared with the same month of 2011, the country's National Statistical Institute has informed.
Bulgarian FinMin: VAT Likely to Go Down in 2012
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, stated Saturday that Value Added Tax, VAT, could be lowered this year, depending on budget 2012.
Bulgarian EU Commissioner: Politics, Retirement Fund Don't Mix
Bulgaria's cabinet must seek professional advice for the management of the Silver Fund which is part of the fiscal reserve, according to the country's EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, Kristalina Georgiev
Bulgaria to Pay Foreign Debt by Combining 3 Sources
Bulgaria's cabinet plans to diversify sources for collecting the needed BGN 2 M to pay foreign debt due at the beginning of 2013.
Bulgarian PM Hints again of Lowering VAT
The Value Added Tax, VAT, in Bulgaria might be lowered by end of the term of the current government of the ruling, center-right Citizens for European Development of Bulgaria party, GERB.
40 Richest Bulgarians Earned BGN 140 M in 2011
The top forty of the wealthiest Bulgarians have earned a total of BGN 140 M in 2011.
EBRD Expands First Energy Efficiency Fund in Bulgaria
The European Bank for Reconstruction and Development (EBRD) is boosting its support for energy efficiency projects in Bulgaria with a new EUR 10 M loan to the Bulgarian Energetics and Energy Savings Fund (FEEI), the bank said in a statement.
Bulgaria Govt Confirms Plans for VAT Cut by Mid-2013
Bulgaria's government has voiced, yet again, its willingness to lower the 20% value-added-tax by the end of its term, which expires next year.
Ex FinMin: Bulgaria Heads for Disaster with No Fiscal Reserve
By the start of 2013 Bulgaria will have spent its entire fiscal reserve due to the policies of center-right GERB cabinet, argued former Bulgarian Minister of Finance Plamen Oresharski.
Moody's Downgrades Greece's Credit Rating to Lowest Level
Moody's Investors Service has downgraded the sovereign credit rating of Greece to the lowest level, from 'Ca' to 'C', the rating agency said.
Greece Hasn't Defaulted Yet, ISDA Rules
The latest deal to cut Greece's debt has not yet constituted a default, ISDA, an official trading body has ruled.
Deposits in Bulgaria Banks Hit New Record High
Banks in Bulgaria continue to record steady growth in deposits, a trend which has been gaining momentum throughout last year, official data shows.
VTB Capital Rated Best on Russian Private Equity Market
Private Equity International (PEI Media) Magazine has rated VTB Capital as the best Investment Company on the Russian private equity market in 2011 on the day of the company's entering of the Bulgarian market.
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