Business » Finance

Bulgarian Household Income Rises 4.2% Y/Yin Q1, Expenditure up 0.9%

The total income average per household member in Bulgaria has increased by 4.2% year-on-year in the first quarter of 2016, reaching BGN1,237, according to official data.

Business » Finance | May 17, 2016, Tuesday // 09:48 | Viewed: 4625

Bulgaria’s Govt to Discuss Granting Concession on Sofia Airport

A draft decision for granting concession on Sofia international airport is on the agenda of a meeting of the Bulgarian government on Tuesday.

Business » Finance | May 17, 2016, Tuesday // 08:40 | Viewed: 3525

Bulgaria Registered 0 % Inflation in April

According to the latest figures of the National Statistical Institute (NSI) released on Friday, Bulgaria registered 0 % monthly inflation in April.

Business » Finance | May 13, 2016, Friday // 15:16 | Viewed: 4649

IMF Projects 2.3% GDP Growth for Bulgaria in 2016

Bulgaria's economic growth is expected to slow down to 2.3% in 2016 from 3.0% in 2015 reported last year, the International Monetary Fund (IMF) said on Friday..

Business » Finance | May 6, 2016, Friday // 16:53 | Viewed: 3842

Panama Papers: First 'Politically Exposed' Bulgarian Name Emerges

Bilyan Balev, the co-chair of the Bulgarian Development Bank, has become the first "politically exposed person" from Bulgarian who se name is revealed in the Panama Papers affair.

Business » Finance | May 5, 2016, Thursday // 15:00 | Viewed: 5283

AlixPartners Accuse Corpbank Owner of Taking Money from His Bank

Bulgarian businessman Tsvetan Vasilev drained BGN 2.

Business » Finance | May 4, 2016, Wednesday // 12:33 | Viewed: 4758

Receivers Make Public AlixPartners’ Final Report on Bulgaria’s Insolvent KTB  

The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgaria’s fourth-largest lender.

Business » Finance | May 3, 2016, Tuesday // 20:25 | Viewed: 4126

Bulgarian Govt Debt Rises to EUR 13.35 B at End-March

Bulgaria’s government debt increasedto EUR 13.35 B at the end of March, compared with EUR 11.60 B a month earlier, according to data from the Finance Ministry.

Business » Finance | April 30, 2016, Saturday // 17:52 | Viewed: 6054

Bulgaria Expects Budget Surplus to Exceed BGN 2.3 B at End of April

Based on preliminary data and figures, Bulgaria’s finance ministry estimates that budget surplus will exceed BGN 2.

Business » Finance | April 29, 2016, Friday // 15:51 | Viewed: 4751

Bulgaria’s End-February Gross Foreign Debt Falls 0.7% from End-2015

Bulgaria’s gross foreign debt totalled EUR 33.

Business » Finance | April 26, 2016, Tuesday // 16:56 | Viewed: 4498

Bulgaria's Government Deficit, Debt Stood at 2.1 %, 26.7 % in 2015

According to preliminary figures of the National Statistical Institute (NSI) released on Thursday, Bulgaria's government deficit and debt decreased last year compared to 2014.

Business » Finance | April 21, 2016, Thursday // 11:56 | Viewed: 5736

Bulgarian Company Wins DFC Innovation Award

Bulgarian microfinance service CashCredit has won an award from the Mondato Summits, events focused on developing the emerging Digital Finance and Commerce space.

Business » Finance | April 19, 2016, Tuesday // 13:14 | Viewed: 5783

Jan-Feb FDI in Bulgaria Drops  - C-bank

Foreign direct investment (FDI) in Bulgaria for the first two months of the year totalled  EUR 81 M,equivalent to 0.

Business » Finance | April 18, 2016, Monday // 18:26 | Viewed: 4783

Bulgaria MPs Approve Making Report on Insolvent KTB Public

Lawmakers in Bulgaria have voted to approve on a second reading changes to the Balk Insolvency Act paving the way for the publication of a report tracking the assets of insolvent Corporate Commercial Bank (Corpbank or KTB).

Business » Finance | April 14, 2016, Thursday // 11:10 | Viewed: 6645

IMF Forecasts Bulgarian Economy to Grow by 2.3 % in 2016, 2017

The International Monetary Fund (IMF) forecasts the Bulgarian economy to register a growth of 2.

Business » Finance | April 13, 2016, Wednesday // 15:11 | Viewed: 6429

Panama Papers: Bulgaria Waiting for ICIJ Data

Bulgaria has found no evidence of wrongdoing by Bulgarians in the Panama Papers affair, Finance Minister Vladislav Goranov has said.

Business » Finance | April 13, 2016, Wednesday // 07:57 | Viewed: 5347

Panama Papers: Bulgarian MP Proposes Tax Amnesty for Offshore Account Holders

A Bulgarian MP has proposed to announce a tax amnesty scheme for the country’s nationals holding funds in bank accounts in offshore jurisdictions following revelations in Panama Papers leaks.

Business » Finance | April 8, 2016, Friday // 20:25 | Viewed: 5458

Bulgaria's Security Agency 'Looking into Offshore Dealings'

Domestic security and counter-intelligence agency DANS has said it is looking into suspicions of money laundering possibly done by Bulgarian businesses.

Business » Finance | April 7, 2016, Thursday // 13:05 | Viewed: 5324

Panama Papers: Few Bulgarian Names Revealed

An arms trader and a family operating a holding company are among the Bulgarian names in the 11.5 million files leaked from law firm Mossack Fonseca in the Panama Papers case.

Business » Finance | April 7, 2016, Thursday // 11:26 | Viewed: 6587

Bulgaria MPs Back Stricter Rules on Offshore Ownership of Bulgarian Companies

A budget and finance committee in Parliament has approved restrictions to the share which an offshore entity can own of a Bulgarian company.

Business » Finance | April 7, 2016, Thursday // 09:56 | Viewed: 5124

Panama Papers Will Expose 'Big Names' in Bulgaria - EconMin

Bulgarian Economy Minister Bodzhidar Lukarski on Tuesday predicted that "big names" in the country's public life will be unveiled in the Panama Papers case.

Business » Finance | April 5, 2016, Tuesday // 15:12 | Viewed: 6688
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