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: 1884

Bulgaria’s End-February Gross Foreign Debt Falls 0.7% from End-2015

Bulgaria’s gross foreign debt totalled EUR 33.

Business » Finance | April 26, 2016, Tuesday // 16:56 | Viewed: 1631

Bulgaria's Government Deficit, Debt Stood at 2.1 %, 26.7 % in 2015

According to preliminary figures of the National Statistical Institute (NSI) released on Thursday, Bulgaria's government deficit and debt decreased last year compared to 2014.

Business » Finance | April 21, 2016, Thursday // 11:56 | Viewed: 2124

Bulgarian Company Wins DFC Innovation Award

Bulgarian microfinance service CashCredit has won an award from the Mondato Summits, events focused on developing the emerging Digital Finance and Commerce space.

Business » Finance | April 19, 2016, Tuesday // 13:14 | Viewed: 1784

Jan-Feb FDI in Bulgaria Drops  - C-bank

Foreign direct investment (FDI) in Bulgaria for the first two months of the year totalled  EUR 81 M,equivalent to 0.

Business » Finance | April 18, 2016, Monday // 18:26 | Viewed: 1920

Bulgaria MPs Approve Making Report on Insolvent KTB Public

Lawmakers in Bulgaria have voted to approve on a second reading changes to the Balk Insolvency Act paving the way for the publication of a report tracking the assets of insolvent Corporate Commercial Bank (Corpbank or KTB).

Business » Finance | April 14, 2016, Thursday // 11:10 | Viewed: 4666

IMF Forecasts Bulgarian Economy to Grow by 2.3 % in 2016, 2017

The International Monetary Fund (IMF) forecasts the Bulgarian economy to register a growth of 2.

Business » Finance | April 13, 2016, Wednesday // 15:11 | Viewed: 4284

Panama Papers: Bulgaria Waiting for ICIJ Data

Bulgaria has found no evidence of wrongdoing by Bulgarians in the Panama Papers affair, Finance Minister Vladislav Goranov has said.

Business » Finance | April 13, 2016, Wednesday // 07:57 | Viewed: 4164

Panama Papers: Bulgarian MP Proposes Tax Amnesty for Offshore Account Holders

A Bulgarian MP has proposed to announce a tax amnesty scheme for the country’s nationals holding funds in bank accounts in offshore jurisdictions following revelations in Panama Papers leaks.

Business » Finance | April 8, 2016, Friday // 20:25 | Viewed: 4714

Bulgaria's Security Agency 'Looking into Offshore Dealings'

Domestic security and counter-intelligence agency DANS has said it is looking into suspicions of money laundering possibly done by Bulgarian businesses.

Business » Finance | April 7, 2016, Thursday // 13:05 | Viewed: 4657

Panama Papers: Few Bulgarian Names Revealed

An arms trader and a family operating a holding company are among the Bulgarian names in the 11.5 million files leaked from law firm Mossack Fonseca in the Panama Papers case.

Business » Finance | April 7, 2016, Thursday // 11:26 | Viewed: 4847

Bulgaria MPs Back Stricter Rules on Offshore Ownership of Bulgarian Companies

A budget and finance committee in Parliament has approved restrictions to the share which an offshore entity can own of a Bulgarian company.

Business » Finance | April 7, 2016, Thursday // 09:56 | Viewed: 3717

Panama Papers Will Expose 'Big Names' in Bulgaria - EconMin

Bulgarian Economy Minister Bodzhidar Lukarski on Tuesday predicted that "big names" in the country's public life will be unveiled in the Panama Papers case.

Business » Finance | April 5, 2016, Tuesday // 15:12 | Viewed: 4357

Panama Papers: Bulgaria Tax Authorities Demand Information

Bulgaria's revenue agency has filed a formal request to receive information about Bulgarians whose names are involved in Panama Papers, the leak of some 11.

Business » Finance | April 5, 2016, Tuesday // 07:53 | Viewed: 4984

Bulgaria Expects 2.1%/GDP Budget Surplus for End-March

Bulgaria’s consolidated budget is expected to show a surplus of BGN 1.86 B as of end-March, equivalent to 2.1% of 2016 GDP forecast, the Finance Ministry has said, citing preliminary estimates.

Business » Finance | March 31, 2016, Thursday // 21:25 | Viewed: 4109

Bulgaria Reports BGN 915 M Consolidated Budget Surplus for End-February

Bulgaria consolidated budget has shown a surplus of BGN 915.

Business » Finance | March 31, 2016, Thursday // 20:35 | Viewed: 4042

Bulgaria President Appoints Economic Advisor to C-Bank

Bulgarian President Rosen Plevneliev is set to appoint one of his advisers to the Governing Council of the Bulgarian National Bank (BNB), his press office has said.

Business » Finance | March 31, 2016, Thursday // 16:00 | Viewed: 3942

Bulgaria Appoints Kalin Mitrev Alternate Director of EBRD Office

The Bulgarian government has named Kalin Mitrev as the country's representative in the Board of Directors at the European Bank for Reconstruction and Development (EBRD).

Business » Finance | March 30, 2016, Wednesday // 13:33 | Viewed: 4189

Bulgaria’s Gross Foreign Debt Falls Slightly in January

Bulgaria’s gross foreign debt edged down by 0.

Business » Finance | March 25, 2016, Friday // 18:08 | Viewed: 4525

Sofia Public Transport Co. Seeks Rise in Ticket Prices

The municipal company operating the public transport in Sofia has proposed to raise the standard ticket price by 60% in a bid to increase the use of prepaid travel cards.

Business » Finance | March 25, 2016, Friday // 17:07 | Viewed: 5102

Bulgaria's Deposit Insurer Signs EUR 300 M Loan Deal with EBRD

The European Bank for Reconstruction and Development will extend a loan of EUR 300 M to the Bulgarian Deposit Insurance Fund (BDIF) under a deal signed in Sofia on Thursday.

Business » Finance | March 24, 2016, Thursday // 16:40 | Viewed: 5029

Bulgaria Removes Gibraltar from Tax Haven List

Gibraltar is not anymore on Bulgaria's "tax haven list", the European Commission website shows.

Business » Finance | March 24, 2016, Thursday // 09:43 | Viewed: 5027