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: 1934

Sofia Airport Reports 16 % Increase in Passenger Numbers in May

The airport of the Bulgarian capital reported 16 % increase in the number of passengers in May compared to the same month last year.

Business » Finance | June 22, 2016, Wednesday // 12:26 | Viewed: 1574

FDI in Bulgaria Drops 45% Y/Y in January-April 2016

Foreign direct investment (FDI) in Bulgaria has decreased by 45.

Business » Finance | June 18, 2016, Saturday // 10:28 | Viewed: 1881

Bulgaria’s C-Bank to Publish Currency Exchange Rates by 6 p.m. on Workdays

Bulgaria’s central bank said on Thursday that it would start publishing the exchange rates of foreign currencies against the Bulgarian lev by 6 p.m. Sofia time on business days as of July 1, two hours later than the current deadline of 4 p.m.

Business » Finance | June 16, 2016, Thursday // 18:22 | Viewed: 1658

Average Monthly Insurable Income in Bulgaria Was BGN 740.85 in Year to April 30

The average insurable income in Bulgaria was BGN 772.

Business » Finance | June 14, 2016, Tuesday // 16:54 | Viewed: 1702

Former PM Oresharski Warns of Possible Greek-style Debt Crisis in Bulgaria

Former Bulgarian Prime Minister Plamen Oresharski warned that Bulgaria is facing a possible Greek-style debt crisis.

Business » Finance | June 11, 2016, Saturday // 13:59 | Viewed: 2758

Bulgarian Banks Are Stable, PM Borisov Tells Greek C-Bank Chief Stournaras

The stability of the banking sector is extremely important for Bulgaria to avoid a repetition of the country’s banking crisis of 2014, Prime Minister Boyko Borisov said during a meeting with Greece’s central bank governor Yannis Stournaras on Friday.

Business » Finance | June 10, 2016, Friday // 16:25 | Viewed: 1779

Bulgaria, Greek C-Bank Chiefs Meet

The head of Greece’s central bank Yannis Stournaras has arrived in Sofia at the invitation of his Bulgarian counterpart Dimitar Radev.

Business » Finance | June 9, 2016, Thursday // 22:44 | Viewed: 1669

Bulgarian Parliament Approves BGN 1.2 B Loans to Deposit Insurance Fund

The parliament approved on Thursday the taking out of two new loans amounting to a total of BGN 1.

Business » Finance | June 9, 2016, Thursday // 14:35 | Viewed: 1699

Bulgaria Registered Economic Growth of 2.9 % Y/Y in Q1

According to preliminary figures of the National Statistical Institute (NSI) released on Tuesday, Bulgaria registered an economic growth of 2.

Business » Finance | June 7, 2016, Tuesday // 20:03 | Viewed: 1788

Fitch Affirms Bulgaria L/T Rating at 'BBB-'

Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency ratings at 'BBB-' and 'BBB', respectively, with stable outlooks.

Business » Finance | June 4, 2016, Saturday // 20:42 | Viewed: 1901

Bulgaria’s Anti-Trust Body Dismisses Complaint against Tender for Road Toll System

Bulgaria’s anti-trust regulator has dismissed a complaint submitted by a local company against procedural rules and terms of a public tender for the introduction of a road toll collection system in the country.

Business » Finance | June 3, 2016, Friday // 23:16 | Viewed: 1783

S&P Affirms Bulgaria at 'BB+/B', Outlook Stable

Standard & Poor’s has affirmed its long-term and short-term sovereign credit ratings on Bulgaria at 'BB+/B', with a stable outlook.

Business » Finance | June 3, 2016, Friday // 20:30 | Viewed: 1718

Bulgarian Banks’ Profit, Total Assets Increase in April

Bulgaria’s banking system has increased its profit to BGN 439 M as of end-April 2016, up BGN 65 M from a year earlier, the central bank has said.

Business » Finance | June 1, 2016, Wednesday // 19:37 | Viewed: 1711

Bulgaria Projects 3% Budget Surplus for End-May 2016

Bulgaria’s consolidated budget is expected to show a surplus of BGN 2.68 B for end-May, equivalent to 3% of 2016 GDP projected by the Finance Ministry.

Business » Finance | June 1, 2016, Wednesday // 18:01 | Viewed: 1632

Bulgaria Reports BGN 2.35 B Budget Surplus for End-April

Bulgaria consolidated budget showed a surplus of BGN 2.

Business » Finance | May 31, 2016, Tuesday // 21:44 | Viewed: 1986

Bulgaria’s Government Debt Edges down in April vs March

Bulgaria’s government debt totalled EUR 13.34 B in nominal terms at of end-April 2016, the Finance Ministry announced on Tuesday.

Business » Finance | May 31, 2016, Tuesday // 19:27 | Viewed: 1828

World Bank Approves 2017-2022 Partnership Framework for Bulgaria

The World Bank has endorsed the new partnership framework for Bulgaria for the next six years aimed at strengthening institutions for sustainable growth and investing in people.

Business » Finance | May 20, 2016, Friday // 12:01 | Viewed: 3822

Assets Managed by Investment Funds in Bulgaria Grow 2.6% Y/Y in March

The assets managed by resident and non-resident investment funds operating in Bulgaria increased by 2.

Business » Finance | May 20, 2016, Friday // 09:21 | Viewed: 3274

FDI in Bulgaria Drops 37% Y/Y in Q1 2016  

Foreign direct investment (FDI) in Bulgaria decreased by 36.6% year-on-year in the first quarter of 2016, dropping to EUR 371.3 M according to preliminary data, the country’s central bank announced on Wednesday.

Business » Finance | May 18, 2016, Wednesday // 18:23 | Viewed: 2787

Bulgaria to Grant 35-Year Concession on Sofia Airport

Bulgaria will award a concession on Sofia Airport for a period of 35 years, the government has decided.

Business » Finance | May 17, 2016, Tuesday // 12:48 | Viewed: 2944

Bulgarian Household Income Rises 4.2% Y/Yin Q1, Expenditure up 0.9%

The total income average per household member in Bulgaria has increased by 4.2% year-on-year in the first quarter of 2016, reaching BGN1,237, according to official data.

Business » Finance | May 17, 2016, Tuesday // 09:48 | Viewed: 2511