German Minister: A New Financial Crisis Poses a Threat to the World Economy
The world economy is facing the risk of a new financial crisis, warned German Finance Minister Wolfgang Schauble, quoted by the electronic edition Politico.
Bulgaria Stock Exchange Continues to Sink; BG40 Falls Below 100 Points
Business | November 18, 2008, Tuesday // 00:00
- Tweet
Send to Kindle
The indexes on the Bulgarian Stock Exchange continued to tumble down on Tuesday and lost their 2-digit values. Photo by Yuliana Nikolova (Sofia Photo Agency)
The indexes on the Bulgarian Stock Exchange continued to tumble down on Tuesday and lost their 2-digit values with BG40 and SOFIX falling by 10%, BGTR30 by 9,24% and BGREIT by 7,80% just before closing.
Some of the biggest losers of the day are Industrial Holding Bulgaria with a 26% decrease down to BGN 1,44 per share; First Investment Bank - down 16%, the instruments manufacturer Sparky Eltos - down 18%, Holding Putichta and Moststroy - down 12%, HimImport down 8,5%.
The price decrease of the shares of the Toplivo company, Euro Ins, Monbat and others have contributed to the SOFIX crash.
Some of the biggest losers of the day are Industrial Holding Bulgaria with a 26% decrease down to BGN 1,44 per share; First Investment Bank - down 16%, the instruments manufacturer Sparky Eltos - down 18%, Holding Putichta and Moststroy - down 12%, HimImport down 8,5%.
The price decrease of the shares of the Toplivo company, Euro Ins, Monbat and others have contributed to the SOFIX crash.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Don't Lose Faith in Europe! The May 6 Syndrome Is Dangerous!
The elections in France, Greece, and Serbia (and some other places in Europe) on May 6, 2012, seem as an indication of the waning of the United Europe idea, and even a more convincing one than the steadily declining turnout at the European Parliament elec
Bulgaria's Machine Building Reached 95% of 2008 Exports in 2010, Still in Crisis
Bulgaria's machine-building sector is still facing a serious crisis, which will probably continue well into 2012, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.
Bulgaria Adopted Ireland's Model, Vulnerable to Dublin Tax Adjustments*
While France and Germany have stuck with high rates, new EU members—including Bulgaria, Cyprus, Latvia, and Lithuania—have adopted the Irish model. How Ireland adjusts its taxes has implications far beyond its bailout.
Views on BG | November 25, 2010, Thursday // 11:57
Irish Govt Wobbling Following Financial Crisis, Bail-Out
Irish Prime Minister Brian Cowen has shrugged off calls for early elections, saying the 2011 budget must first be passed and the details of an international bailout package thrashed out.
World | November 23, 2010, Tuesday // 13:33
Germany Plays Down Contagion Fears after Irish Bail-Out
German finance minister has sought to assuage contagion fears that Ireland's problems might spread to other euro zone members with large budget deficits.
Bulgaria's Tourism Sector Pushes for Extension of Work Visas from Third Countries
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
65.3% of Bulgarian Workers Earn Below Subsistence Level
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Expansion Underway: Sofia Airport Terminal 2 to Add 1000 New Parking Spaces
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
Bulgaria's Nuclear Regulatory Agency Approves Westinghouse Nuclear Fuel for Kozloduy NPP
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Bulgaria's Eurozone Entry Likely Delayed to 2026 Amid Disinformation and Economic Challenges
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
Doubled Costs: Vacationing by Bulgaria's Black Sea Surges in July and August
Vacationing at the seaside, whether in our country or abroad, is reasonably priced
