Business » Finance

Sofia Prosecutors Refuse to Rule on 11 Disloyal Companies Case

Sofia District Prosecutor's Office has returned to the General Labor Inspectorate Executive Agency the case of 11 disloyal companies that have not paid salaries to their employees.

Business » Finance | February 3, 2011, Thursday // 11:27 | Viewed: 2379

Bulgarian Banks May Drop Fee on Pre-Term Credit Payment

People who pay their credit early will no longer pay fees to the bank, according to amendments to the Bulgarian Credit Institutions Act.

Business » Finance | February 3, 2011, Thursday // 09:11 | Viewed: 2697

Bulgarian Companies Face Severe Fines for Unpaid Salaries

Disloyal companies that have not paid salaries to their staff will be fined BGN 15,000 per employee, said Rumyana Mihaylova, Head of Bulgaria's General Labor Inspectorate Executive Agency.

Business » Finance | February 1, 2011, Tuesday // 11:44 | Viewed: 2921

Bulgaria C-Bank Nudges Up Base Rate to 0.19%

The Bulgarian National Bank (BNB) has decided to increase the base interest rate to 0.19% in February, up from 0.18% in January and December.

Business » Finance | February 1, 2011, Tuesday // 10:51 | Viewed: 2098

Experts: Bulgarian Inflation Rate Climbed above 4%

Bulgaria's year on year inflation rate has risen above 4%, according to a report released on Monday by experts from the Bulgarian Center for Economic Development.

Business » Finance | January 31, 2011, Monday // 15:10 | Viewed: 3001

Bulgarian Experts Forecast Up to 3% Economic Growth 2011

Bulgaria's economy will grow with up to 3% in 2011, the experts from the Center for Economic Development have stated in their January report.

Business » Finance | January 31, 2011, Monday // 12:23 | Viewed: 2649

Key Bulgarian MP: No Rush but Let's Get Ready for Euro Zone Anyway

There is no point in rushing to adopt the euro at this point, according to Bulgarian MP Menda Stoyanova, Chair of the Parliamentary Committee on Budget and Finance.

Business » Finance | January 30, 2011, Sunday // 18:58 | Viewed: 2070

Bulgarian Ministers Clash on Minimum Wage Increase

Finance Minister, Simeon Djankov, has made a rushed statement regarding the freeze of minimum wages and retirement pensions in Bulgaria, according to Social Policy Minister, Totyu Mladenov.

Business » Finance | January 30, 2011, Sunday // 10:15 | Viewed: 2804

Bulgarian Finance Minister Dampers Wage Increase Hopes

There are no funds in budget 2011 to increase minimum wages and/or minimum retirement pensions, Bulgarian Finance Minister, Simeon Djankov, declared.

Business » Finance | January 29, 2011, Saturday // 09:54 | Viewed: 2696

Brussels Clears Deficit Offender Bulgaria

The European Union's executive said on Thursday that four countries, including Bulgaria, have been stricken off its deficit watch list as they have taken adequate steps to correct it.

Business » Finance | January 27, 2011, Thursday // 16:02 | Viewed: 2643

Bulgarian Customs Chief Faces 'Contraband' Hearing

The Members of the Bulgarian Parliament from the Budget and Finance Committee are holding Thursday afternoon a hearing of the Director of the Customs Agency, Vanyo Tanov.

Business » Finance | January 27, 2011, Thursday // 11:35 | Viewed: 2071

Bulgaria's Govt Debt Down by EUR 30 M in Nov 2010 Y/Y

Bulgaria's general government debt amounted to EUR 2.762 B (7.7% of the GDP) as of end November 2010, Bulgarian National Bank data released Tuesday shows.

Business » Finance | January 25, 2011, Tuesday // 19:29 | Viewed: 2401

Bulgaria May Hold Referendum on Direct Taxes in 2013

Bulgaria, which has the lowest personal and corporate income tax in the EU at 10%, may change the levels of direct taxes after a referendum in 2013, a bill of the finance ministry suggests.

Business » Finance | January 21, 2011, Friday // 13:50 | Viewed: 2602

Greek Eurobank Gets EUR 1.4 B in Funds for Balkan SMEs

EFG Eurobank Ergasias SA, owner of Bulgaria's Post Bank, announced it has secured a total of EUR 1.4 B from international bodies to finance small and middle sized enterprises (SMEs) in south east Europe, including Bulgaria.

Business » Finance | January 21, 2011, Friday // 12:55 | Viewed: 2244

European Investment Bank to Finance Bulgaria's Nabucco Share, Major Highways

A number of Bulgaria’s key infrastructure projects will be financed by the European Investment Bank, Bulgarian Prime Minister Boyko Borisov and EIB Group President Philippe Maystadt have announced.

Business » Finance | January 21, 2011, Friday // 12:38 | Viewed: 4343

Bulgaria FinMin Calls for Referendum on Direct Taxes

Bulgaria, which has the lowest personal and corporate income tax in the EU at 10%, should change the levels of direct taxes only after a referendum, the finance minister has suggested.

Business » Finance | January 20, 2011, Thursday // 12:08 | Viewed: 2427

Bulgaria Registers 4.5% Inflation 2010 End

Bulgaria registered an inflation of 4.4% at the end of 2010, and an average 2010 inflation of 3%, according to final data of the National Statistical Institute.

Business » Finance | January 19, 2011, Wednesday // 17:19 | Viewed: 3351

BNB Banker on Euro: No Rush to Run into 'Burning Building'

Bulgaria is in no rush to join the euro zone, according to Kalin Hristov, Deputy Governor of the Bulgarian National Bank.

Business » Finance | January 19, 2011, Wednesday // 16:41 | Viewed: 2937

Bulgarian Audit Office Director Reappointed for 2nd Term

The Director of the Bulgarian National Audit Office (NAO), Valeri Dimitrov, took the oath of office for his second term before the Parliament Wednesday.

Business » Finance | January 19, 2011, Wednesday // 15:46 | Viewed: 2121

Bulgarian Executives Received 8% Increase 2010

The middle- and high-level executives in Bulgaria have received an 8% average increase of their salaries in 2010, according to the PwC accountancy company.

Business » Finance | January 19, 2011, Wednesday // 15:10 | Viewed: 2308

Bulgaria's Trade Deficit Grows in Nov, 2010 Balance Improves Overall

Bulgaria's trade deficit started to grow again in November 2010, after in the first ten months of last year it was on the decline, according to data of the Bulgarian National Bank.

Business » Finance | January 14, 2011, Friday // 20:03 | Viewed: 2326
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