Bulgaria has maintained its Rating in the latest edition of the Wealth of Nations Index
The Wealth of Nations Index is an innovative measure of economic development created by the Warsaw Enterprise Institute
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Business » Finance
Financial Analyst: The Expensive Dollar will have a Negative Impact on the Import of Raw Materials
The war in Ukraine and its consequences are the main reason for the leveling of the euro against the dollar. For the first time since the beginning of the new millennium, we have seen parity between the world's two major reserve currencies
EC: Inflation in Bulgaria will reach 12.5%
Inflation in Bulgaria will accelerate to 12.5% in 2022 due to higher energy and food prices and the indirect impact of higher energy prices for businesses on headline inflation
Steve Hanke: Keep your Savings in BGN when the Euro is Weak
“After the collapse of the euro, it is best for Bulgarians to keep their savings in BGN”. The advice comes from Johns Hopkins University in Baltimore professor of applied economics Steve Hanke.
Inflation in the US has reached its Highest Level in 40 years
State statistics reported that the prices of consumer goods in the country increased by 9.1% in June, compared to the same month last year
The Euro reached a Price of One Dollar - its Lowest Value in 20 years
Last night, for the first time in 20 years, the euro equaled the US dollar amid a cut in Russian gas supplies to Europe and growing fears of a recession in the Eurozone
Ministry of Finance: Bulgaria expects 1.3 billion Euros from the Recovery Plan this Fall
More than 1.3 billion euros, which Bulgaria should receive this year under the Recovery and Sustainability Plan, is expected to enter the treasury in the fall, the Ministry of Finance announced
Our Top Picks for the Best Crypto Exchanges of June 2022
If you're looking for the best exchange to invest in crypto, here is a list of the best platforms in June 2022.
The Average Salary in Bulgaria Now Exceeds BGN 1,000 (EUR 510)
The average salary in the country exceeded BGN 1,000 in all regions. There are still small municipalities, with lower incomes and with a real danger of impoverishment of groups of the population. However, average incomes are still outpacing consumer price
Fitch: Belarus is on the Brink of Bankruptcy
The international rating agency based in London - Fitch Ratings, lowered the long-term rating of the Republic of Belarus from "CCC" to "C"
At First Reading: Threshold for Mandatory VAT Registration in Bulgaria to be BGN 100,000 Turnover
The Parliament changed the threshold for mandatory VAT registration from 50,000 to 100,000 BGN (51,000 EUR) turnover. The amendment was accepted at first reading
Kristalina Georgieva: A Global Recession is Possible
“The situation in the world economy is extremely unstable and recessions are not excluded”, the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said in an interview with Reuters
The Euro deepened its Drop to a new 20-year Low below $1.0200
The Euro continued to fall on Wednesday, hitting a new 20-year low below US$1.0200 and is on track to reach the cash level (1.0000) soon
Inflation in Turkey Rises to 23-year High of nearly 79% in June
Turkish inflation rose year-on-year in June to a 23-year high of 78.62%, its acceleration for the 13th consecutive month boosted by the weakness of the local currency (the Turkish lira) and the negative effects of Russia's military invasion of Ukraine, wh
Gambling Industry: Prospects and Future Trends
The gambling industry develops and proliferates, having a rather promising future. The main factors that influence the progress acceleration are digitalization and the emergence of new technologies.
Bulgaria: From July 1, the Minimum Pension becomes BGN 467 (EUR 240)
Parliament finally approved the minimum pension to reach BGN 467 as of July 1st. From this date the maximum pension rises to BGN 2,000
The Committee on Budgets Decided: 0% VAT on Bread in Bulgaria
At an extraordinary meeting of the parliamentary Committee on Budget and Finance, deputies voted for zero VAT on bread
Inflation in the EU is 8.8%, in Bulgaria - 13.4%
Inflation in the European Union in May set a new record and reached 8.8 percent on an annual basis, according to Eurostat, quoted by BTA. In the Eurozone alone, inflation is 8.1 percent
Bulgaria: Annual Inflation for May jumped 15%
The annual inflation for May this year compared to May last year was 15.6%, according to national statistics
Markets Jumped the Gun, expecting to Hawkish Fed tomorrow
The S&P500 index fell 3.9% intraday on Monday, closing the index in the bear market territory
What to do With Extra Funds in your Paypal Account
Even though the coronavirus epidemic has taken a heavy financial toll on many, others may have found themselves with some extra cash in their bank accounts.
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