HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
The Bulgarian National Bank has announced narrowing curent account deficit figures. Photo by seecorridors.com
The Bulgarian National Bank (BNB) revealed in a report Friday that Bulgaria's current account deficit stood at EUR 439.7 M in January 2009, narrowing from EUR 806.8 M in January 2008.
PM Sergey Stanishev said "the country's deficit has begun rapidly shrinking which means that the economy has unsurprisingly slowed down," Bulgarian National Radio reported.
The current and capital account deficit amounted to EUR 288.7 M in January compared to EUR 806.2 M recorded in the previous year.
In January, the trade deficit stood at EUR 339.3 M, narrowing from EUR 607.8 million in 2008, RTT news reported.
In a recent announcement, the Bulgarian National Bank has confirmed that the base interest rate for February will stand at 3.79%, maintaining the status quo from January. This decision follows a marginal reduction of 0.01% made in December 2023
A significant shift is on the horizon for Bulgaria's financial landscape as the Bulgarian National Bank (BNB) gears up for its integration into the Eurozone by January 1, 2025
Bulgaria's current and capital account showed a deficit of115.
From the beginning of the year to the end of April, Bulgarians working abroad have sent to their relatives in Bulgaria nearly 400m euros.
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
