Business » Finance

Bulgaria Budget Surplus Shows Dramatic Decrease

Bulgaria had a budget surplus of BGN 675,5 M at the end of April, decreasing from BGN 2,7 B at the same time last year.

Business » Finance | June 1, 2009, Monday // 11:50 | Viewed: 5596

Standard & Poor's Keeps Sofia Credit Rating Positive

The international credit rating agency Standard & Poor's has decided to preserve the BB+ rating with a positive perspective of the Bulgarian capital Sofia.

Business » Finance | June 1, 2009, Monday // 10:25 | Viewed: 2597

Central Bank Governor: Bulgaria Bank System Is Stable

The Bulgarian banking system is stable, despite the increase of bad credits.

Business » Finance | May 30, 2009, Saturday // 17:32 | Viewed: 1759

Eurozone Records Zero Inflation in May 2009 Y/Y

The inflation rate in the Eurozone in May 2009 is 0,0% year-on-year for the first time since it came into existence.

Business » Finance | May 29, 2009, Friday // 14:51 | Viewed: 2299

Bulgaria Elects Cbank Deputy Governor

A day after reelecting for another six-year-term the current governor of the central bank BNB, Bulgaria's parliament picked his deputy.

Business » Finance | May 29, 2009, Friday // 11:18 | Viewed: 1077

Russia Introduces Free Currency Rate

Russia's Central Bank (CBR) intends to introduce a free currency flow regime for the rouble (RUB).

Business » Finance | May 28, 2009, Thursday // 19:20 | Viewed: 1778

Bulgaria Parliament Reelects Cbank Governor Just Before Elections

A month ahead of the general election, Bulgaria's parliament reelected on Thursday for another six-year-term the current governor of the central bank BNB.

Business » Finance | May 28, 2009, Thursday // 13:05 | Viewed: 1180

Bulgaria End-March Foreign Debt Down by EUR 418 M m/m

Bulgaria's gross foreign debt stood at EUR 36,41 B at the end of March, down by EUR 418 M over the previous month, official data showed.

Business » Finance | May 28, 2009, Thursday // 08:37 | Viewed: 2919

EIF Secure JEREMIE Credit Source for Bulgaria Businesses

The European Investment Fund (EIF) secured a credit resource for Bulgaria worth EUR 200 M on Wednesday.

Business » Finance | May 27, 2009, Wednesday // 15:08 | Viewed: 1799

Bulgaria Banks Said to be Partly Responsible for Euro Decline

Moody's Investors Service placed its rating outlooks for Bulgaria's DSK Bank AD and First Investment Bank Ltd on review for a possible downgrade, Bloomberg agency reported in an article about the first fall of the euro against the dollar in seven days.

Business » Finance | May 26, 2009, Tuesday // 12:11 | Viewed: 1629

Moody's Reviews Ratings of Bulgaria DSK, First Investment Bank

Moody's Investors Service has placed on review for possible downgrade ratings of two Bulgarian financial institutions: DSK Bank AD and First Investment Bank Ltd.

Business » Finance | May 26, 2009, Tuesday // 10:31 | Viewed: 2211

Bulgaria Parliament Set to Re-Elect Bank Governor This Week

Bulgaria's parliament is expected to elect this week for another six-year-term the current governor of the central bank BNB, according to reports.

Business » Finance | May 25, 2009, Monday // 18:24 | Viewed: 1311

Irish Ambassador: Crisis Has Hit Ireland More than Bulgaria

The Irish Ambassador to Bulgaria, Geoffrey Keating, has stated that Ireland has been affected more by the global financial crisis than Bulgaria.

Business » Finance | May 25, 2009, Monday // 17:01 | Viewed: 2371

Finance Minister: Bulgaria to Overcome Crisis when Germany Recovers

The financial crisis in Bulgaria will be over when Germany starts recovering.

Business » Finance | May 25, 2009, Monday // 11:43 | Viewed: 1632

Finance Minister: Bulgaria Economy to Shrink by 2-3%, No Foreign Aid Needed

Bulgaria's Finance Minister, Plamen Oresharski, predicted Friday that the Bulgarian economy would shrink by between 2% and 3% in 2009.

Business » Finance | May 22, 2009, Friday // 18:24 | Viewed: 1963

Bulgaria PM: Economy Stable Thanks to Currency Board

Bulgaria proved to be better prepared to weather the global crisis in comparison to other European countries due to its stable financial system.

Business » Finance | May 22, 2009, Friday // 15:26 | Viewed: 1957

Bulgaria Cbank Governor Tipped for Another Term

The current governor of Bulgaria's central bank BNB is very likely to spend another six-year-term in office with the support of the ruling majority, it emerged on Friday.

Business » Finance | May 22, 2009, Friday // 12:00 | Viewed: 1291

Bulgaria SMEs to Benefit from EIB EUR 440 M Loan

The European Investment Bank has agreed to extend EUR 440 M to four units of Austria-based Erste Bank to finance loans to small and medium sized companies in Central and Eastern Europe, including Bulgaria.

Business » Finance | May 21, 2009, Thursday // 12:22 | Viewed: 2016

Japan Economy Collapses by 15,2% in Q1 Y/Y

Japan's gross domestic product (GDP) shrunk by15,2% for the first three months of 2009 year-on-year.

Business » Finance | May 20, 2009, Wednesday // 12:20 | Viewed: 1430

Bulgaria Finance Minister Warns against Rash Financial Interventions

The finance minister in Bulgaria's Socialist-led government has admitted to the success of reforms implemented by the right-wingers after the severe economic crisis in Bulgaria in the late 90s.

Business » Finance | May 20, 2009, Wednesday // 11:41 | Viewed: 1594

PM Stanishev to Slovenia President: Bulgaria Needs No Direct Foreign Aid

Bulgaria does not need direct financial support from the international financial institutions.

Business » Finance | May 19, 2009, Tuesday // 18:50 | Viewed: 1667
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