Business » Finance

Sofia City Court Halts Insolvency Proceedings at KTB

The Sofia City Court has stopped insolvency proceedings launched at Corporate Commercial Bank (KTB).

Business » Finance | November 24, 2014, Monday // 11:39 | Viewed: 31967

Total Turnover Index in Transportation and Storage Sector up 2.4% in Q1 2017

During the first quarter of 2017, the total turnover index in the Transportation and Storage sector in Bulgaria went up by 2.

Business » Finance | May 25, 2017, Thursday // 15:09 | Viewed: 854

International Monetary Fund: ‘Bulgaria Needs Further Banking Supervision Strengthening’

Owing to reforms, capital and liquidity buffers the Bulgarian banking system has stabilized in the wake of the closure of Corporate Commercial Bank in 2014.

Business » Finance | May 25, 2017, Thursday // 09:45 | Viewed: 1682

Accession to Eurozone Remains Top Priority for Bulgaria

‘’Accession to the Eurozone remains top priority for Bulgaria’’, Finance Minister Vladislav Goranov said at a conference for the 25th anniversary of the Association of Commercial Banks in Bulgaria.

Business » Finance | May 24, 2017, Wednesday // 16:11 | Viewed: 3945

Bulgaria Will Work to Attract More Italian Investors

‘’We will work to strengthen and develop the trade and economic relations between Bulgaria and Italy’’, said the Bulgarian Minister of Economy Emil Karanikolov during a meeting with the Italian Ambassador to Bulgaria Stefano Baldi, BNR reported.

Business » Finance | May 23, 2017, Tuesday // 16:24 | Viewed: 3023

Bulgaria’s Current Balance Shows Deficit of EUR 254M

The Central Bank of Bulgaria reports deficit of the country’s current balance, amounting to some EUR 254M for March, on surplus of EUR 131M in March 2016, according to BNR.

Business » Finance | May 18, 2017, Thursday // 16:49 | Viewed: 2365

High Administrative Court Revokes Government Decision to Set Minimum Wage at BGN 460 for 2017

The High Administrative Court today annulled the government’s decree that set minimum wage at BGN 460 for 2017, the Bulgarian Chamber of Commerce and Industry (BCCI) said.

Business » Finance | May 17, 2017, Wednesday // 16:44 | Viewed: 6631

75% of Bulgarian’s Money Goes For Food, Bills, Taxes and Transport

According to data from the National Statistical Institute for the first quarter of the year, Bulgarians spend 75% of their income on food, household bills, taxes and insurance, transport and telecommunication, reported BNR.

Business » Finance | May 17, 2017, Wednesday // 09:54 | Viewed: 2639

Average Monthly Salary Up in Q1 of 2017

EUR 516 is the average monthly salary for the first quarter of the year – National Statistical data show.

Business » Finance | May 15, 2017, Monday // 16:23 | Viewed: 6930

Monthly Inflation is 0.7% in April Compared to March 2017

The consumer price index for April 2017 compared to March 2017 is 100.

Business » Finance | May 15, 2017, Monday // 14:05 | Viewed: 6354

Finance Ministry Foresees Increasing Minimum Wage to BGN 510 From Jan 2018

The government foresees increasing the minimum wage from BGN 460 to BGN 510 as of January 1, 2018, to BGN 560 as of January 1, 2019 and to BGN 610 as of January 1, 2020.

Business » Finance | May 12, 2017, Friday // 18:33 | Viewed: 7136

Government Proclaims Its Mid-Term Budget Forecast

The financial ministry has proclaimed its draft mid-term budget forecast up till 2020.

Business » Finance | May 12, 2017, Friday // 16:57 | Viewed: 78297

Bulgaria May Fall Short of Forecast 3% Growth Next Year

''Bulgaria may fail to achieve even the forecast economic growth of around 3% in 2018'', said the economist Krasen Stanchev, according to FOCUS Radio’s Good Morning Bulgaria.

Business » Finance | May 12, 2017, Friday // 16:40 | Viewed: 6714

Average Social Security Income for Bulgaria is BGN 811.13 in March 2017

The average social security income for Bulgaria in March 2017 was BGN 811.

Business » Finance | May 11, 2017, Thursday // 16:34 | Viewed: 6664

No change in EC Financial Forecast for Bulgaria

In its spring report the European Commission has not altered its forecast regarding the growth rate of the Bulgarian economy for this and next year, quoted by BNR.

Business » Finance | May 11, 2017, Thursday // 14:37 | Viewed: 6996

NSI: Bulgarian Exports to Third Countries Rise 20.1% y/y in Q1

Bulgaria’s exports to third countries grew by 20.

Business » Finance | May 10, 2017, Wednesday // 12:56 | Viewed: 2387

Retail Commerce Grows 5.9% Year-on- Year in March

Turnover in retail commerce, excluding automobiles and motorcycles, rose 5.

Business » Finance | May 9, 2017, Tuesday // 15:09 | Viewed: 7061

Bulgaria’s Trade With EU On the Rise

Bulgaria’s trade with the EU has gone up considerably, according to National Statistical Institute preliminary data, quoted by BNR.

Business » Finance | May 9, 2017, Tuesday // 14:09 | Viewed: 2747

Sofia Municipality Collects BGN 262.4M Revenues in the First Part of 2017

Sofia Municipality collected BGN 262.

Business » Finance | May 4, 2017, Thursday // 11:52 | Viewed: 9305

CITUB Insists on Minimum Wage Becoming 50% of Average Salary

Leader of the confederation Plamen Dimitrov requested for the political support of the future government and the parliament for a rapid growth of the future government and the parliament for a rapid growth of the minimum wage until reaching a ratio 50% ,

Business » Finance | May 2, 2017, Tuesday // 19:58 | Viewed: 9782

70% of Workers in Bulgaria Receive Below Average Salary

Head of the Confederation of Independent Trade Unions in Bulgaria, Plamen Dimitrov, has said that 70% of workers in Bulgaria receive below the average salary, BNR reported.

Business » Finance | May 2, 2017, Tuesday // 08:17 | Viewed: 3601

Banks' Q1 Profit at BGN 288M

In the first quarter of 2017, the banking system posted an increase in deposits, assets and balance sheet capital.

Business » Finance | May 1, 2017, Monday // 10:09 | Viewed: 3204
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