2011 Budget Freezes Bulgarian Wages, Pensions
The Bulgarian State expenses for health care and social benefits would keep their 2010 levels in 2011, according to the 2011 budget draft.
- iNews
- Novinite
- Econ
- DoctorOnline
- Jenite
- Div
- Sporta
- FitWell
- Sportuvai
- Peika
- Programata
- News in English
Business » Finance
Bulgaria Confirms to Eye Investor for Stock Exchange
The increase of the Bulgarian government's share in the country's only stock exchange will lead to the sale of its majority stake to an industry investor, the bourse's executive director has admitted, confirming recent speculations.
Bulgaria Eyes 2.5% Budget Deficit for 2011
Bulgaria aims to have a budget deficit of 2.5% of gross domestic product and a growth of 3.6% in 2011, according to a budget draft, cited by reports.
Bulgaria's Revenue Agency to Sell Seized Properties
The Bulgarian National Revenue Agency (NAP) has announced tenders in some cities for properties that have been seized.
Bulgaria Said to Eye Foreign Partners for Stock Exchange
The increase of Bulgaria's government share in the country's only stock exchange is a step for its reprivatization, probably selling the stake to an international exchange group, insiders say.
Bulgaria Govt Takes over 50.05% in Stock Exchange
Bulgaria's Finance Ministry has increased its share to 50,05% from 44% in the country's stock exchange, which has been turned into a public company.
Bulgaria Inflation Quickens to 2.7% y/y in August
Bulgarian consumer price inflation increased to 2.7% in August on an annual basis from 1.9% a month earlier, due to a surge in tobacco and fuel prices, official data showed on Monday.
Bulgaria's Revenue Agency Boss: Tax Evasion Is National Sport
The director of the Bulgarian National Revenue Agency has stated that tax evasion has been very common in the recent years, but the tax administration has progressed in the past year.
International Investment Bank Eyes Bulgaria
The International Investment Bank, formed as an initiative of the Soviet Union in 1970, has started to actively invest in the countries of the former Eastern Bloc, including Bulgaria.
Bulgaria's Revenue Agency Vows 100% Tax Collection
Bulgaria's National Revenue Agency will collect 100% of the taxes due to the state for 2010, which amount to about BGN 12 B, promised the agency director Krasimir Stefanov.
Bulgarian Finance Minister: Tax Hike Is Mandated by EC
The fiscal effect of the potential tax increases would be minimal, Finance Minister, Simeon Djankov, says.
Bulgaria Economy Contraction Slows down to 1.4% y/y Q2
Bulgaria's gross domestic product (GDP) shrank 1.4% year-on-year in the second quarter, slightly milder that the 1.5% drop forecast by a flash estimate, the statistics office said on Wednesday.
Bulgaria Parliament Mulls 2% Tax on Insurance Premiums
Bulgaria's parliament will debate on Wednesday a bill, which provides for the introduction of a 2% tax on insurance premiums and was moved by the government earlier this year in a bid to boost revenues to the budget.
Bulgarian Govt Vows to Obliterate Budget Deficit by 2013
Bulgaria will have a budget deficit of 2.5% in 2011, and will bring it under 1% in 2013, according to Deputy Finance Minister Vladislav Goranov.
Bulgaria to Up Some Taxes to Boost 2011 Revenue
The Bulgarian Ministry of Finance has published proposals for adjustments in the tax system in a bid to increase revenue for the 2011 state budget.
Brussels Upbeat Economic Forecast Cheers Bulgaria
The European Commission has expressed optimism about the potential of Bulgaria's economy to rebound as officials figures confirmed that the eurozone economy grew by 1% between April and June.
Bulgaria: No Need for IMF Bailout Talks by 2012
Bulgaria's finance minister has assured that the country will have no need to hold talks with the International Monetary Fund over a bailout loan for its ailing economy in the next two years.
Bulgarian FinMin: Healthcare Funds Are Intact
The cabinet of the center-right Citizens for European Development of Bulgaria (GERB) party had not used health insurance funds to cover other expenditures and does not plan to do it, according to Finance Minister, Simeon Djankov.
Funds of Bulgarian FBI for Trips Abroad Cut in Half
The Members of the Bulgarian Parliament from the Interior Committee decided Wednesday to cut by 50% the funds for trips abroad for security agents.
Bulgaria Consolidated Budget Deficit Tops BGN 1.5 B H1
Bulgaria's consolidated budget deficit exceeded BGN 1.5 B in the first six months of 2010 due to a fall in revenues and a rise in spending for social payments, the finance minister announced on Wednesday.
Bulgaria C-Bank Interest Rate Unchanged
The Bulgarian National Bank (BNB) has decided to keep the basic interest rate unchanged over August, when it hit its lowest levels since the index was recorded for the first time in 1991.
Highlights
Bulgarians You Should Know About
Our Readers Have Spoken
Daily Dose Of Culture
Ups & Downs
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
