Bulgaria's central bank deputy governor has defended the prime minister for deciding to back the Berlin-inspired project "euro-plus pact", a move harshly criticized by the opposition and local experts.
The Bulgarian government's decision to join the newly set-up European Stability Mechanism, the permanent euro zone bailout fund, has come under fierce criticism by respected local experts.
Bulgaria's gross external debt is down by EUR 1.092 B in January 2011 compared with January 2010, fresh data of the Bulgarian National Bank shows.
More than half of the Bulgarians live on credit, according to Levon Hampartsumyan, CEO of UniCredit BulBank.
There is a "huge" interest among investors for the Bulgarian Stock Exchange, which launched the sale of its shares in January, according to Finance Minister Simeon Djankov.
Bulgaria can achieve economic growth of 2.6% in 2011, according to the forecast of the European Bank for Reconstruction and Development (EBRD).
Nova Ljubljanska Banka, Slovenia's biggest bank, announced it is about to conclude talks for the sale of its unit in Bulgaria.
Bulgaria's stock exchange, which launched the sale of its shares in January, is hopeful that it will attract a key European investor for its majority stake by the end of the year.
The Value Added Tax (VAT) for fuels cannot be lowered, Bulgarian Finance Minister, Simeon Djankov, firmly declared Tuesday.
Bulgarians are not informed enough about the opportunities offered by the ownership and use of credit and debit cards, according to a poll of the Financial Markets Data Services of the Market Research Institute, GfK Bulgaria.
Bulgaria's gross domestic product marked an increase of 2.8% in the fourth quarter of 2010 on an annual basis after adjusting to seasonal variations, official data showed.
The Black Sea Trade and Development Bank (BSTDB) may provide up to EUR 150 M by 2014 for investments in Bulgaria through its credit lines, according to the Finance Ministry.
The opposition Bulgarian Socialist Party (BSP) has formally refused to support the Constitution amendments proposed by Finance Minister Simeon Djankov to guarantee fiscal soundness with a "Financial Stability Pact.
International agency Moody's has lowered the credit ratings of six Greek banks, four of which have operations in Bulgaria.
Steve Hanke, the architect of Bulgaria's currency regime and one of the opponents of its eurozone aspirations, has slammed the single currency as 'a creature of politics, not economics and finance'.
Moody's investor service has announced a staggering downgrade of Greece's credit rating amidst continued fears that the fiscally troubled euro zone member might default on its debts.
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, delivered a public lecture Friday evening at The Heritage Foundation in Washington DC.
The strict rules ensuring financial stability do not limit politicians, but discipline them, Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, said during his public lecture at Harvard University in the US.
International Personal Finance Plc, a U.K. lender that makes unsecured loans to low-income households in central and eastern Europe and Mexico, may start operating in Bulgaria this year.
Calls against EU-wide tax harmonization moves are gathering speed in Bulgaria ahead of a key meeting of European Union leaders on March 11 in Brussels.
Bulgaria registered a monthly budget deficit of BGN 477.3 M on cash basis in January 2011, according to latest data of the Finance Ministry.
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