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.
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Business » Finance
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.
Bulgaria Announces 14.3% GDP National Debt in 2009
The nominal amount of Bulgaria's national debt at the end of 2009 is EUR 4.8 B, announced the Ministry of Finance.
Moody's Affirms Bulgaria's Credit Rating with Positive Perspective
Moody's Investors Service has affirmed Bulgaria’s Baa3 credit rating with a positive perspective, announced the Finance Ministry.
More Tax Evasion Scams Busted at Bulgarian Beach Resorts
The Bulgarian Revenue Agency (NRA) has discovered new cases of large-scale tax evasion in the amount of over BGN 1.5 M on the country’s Black Sea coast in the last two weekends, the Agency reports.
Bulgarian Revenue Agency Boss Vows 100% Return
Bulgaria's National Revenue Agency will collect all its dues for 2010, promised the agency director Krasimir Stefanov.
Moody's Rates Bulgaria with Positive Outlook
Bulgaria is the only country in Europe and Middle Asia with a positive outlook of sovereign credit rating, Moody's rating agency has announced.
S&P: Foreign Shareholders, C-Bank Efforts Keep Bulgarian Banks in the Black
Bulgaria is unlikely to see significant loan growth in the near future, according to an analysis of the country's banking system by Standard & Poor's agency.
Bulgarian Revenue Agents Make New Beach Resort Hits
The Bulgarian Revenue Agency (NRA) has discovered two new cases of large-scale tax evasion at restaurants on the country's Black Sea coast, the Agency reports.
Bulgaria's Default Bank Loans Hit 16%
The default bank loans in Bulgaria have reached 16% by the end of July, according to data from Bulgaria's Central Bank, BNB.
Irish Bank Set to Drop Bulgarian-American Credit Bank Stake
The Irish bank AIB is looking to sell its 49,9% stake in the Bulgarian-American Credit Bank (BACB) due to its depreciation.
Jail Looms for Bulgarian Resort Owners over Tax Evasion
The owners of a company, managing several establishments in the Bulgarian beach resort of Lozenets, are probed by the prosecutor over charges of large-scale tax evasion.
Bulgarian Tax Agents Fine Towing Cars at Black Sea Coast
The two towing cars in the Bulgarian Black Sea town of Primorsko did not have cash registers and have declared a 100% profit, the National Revenue Agency has announced.
Ministry of Finance: Fitch Optimistic about Bulgaria
Fitch confirmed its credit rating for Bulgaria and characterized the situation in the country as “stable”, announced the Bulgarian Ministry of Finance Thursday.
FDI in Bulgaria Slump by 78% in 2010 H1
The foreign direct investments (FDI) in Bulgaria for the first six months of 2010 was EUR 358,5 M, or 1% of the country's GDP, the Bulgarian National Bank (BNB) has announced.
Bulgaria's June Current Account Balance Ends on Positive
Bulgaria's trade deficit has shrunk in June while the current account balance is positive, according to data of the country's Central Bank, BNB.
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