US Tariff on Brazilian Imports Sparks Surge in Coffee Prices
The impending 50% tariff imposed by the United States on Brazilian imports is already pushing up the price of coffee
Bulgaria's Commission for Communications Regulation (KRS) mandated Monday the three mobile operators to reduce their wholesale prices for incoming international cell phone calls.
Beginning April 1, 2011, the price will be BGN 0.13 a minute i.e. at the level of the national roaming calls.
The changes relate to the price international telecoms must pay to M-Tel, Globul and Vivacom for calls in their networks and would not be felt by the consumers.
The KRS economic analysis has shown the price for international call was too high and has decided to lower it over "market behavior of the operators which is in contradiction with the European regulations."
The change aims at preventing potential competition issues on the market until the second round of analyses and assessment of this market, KRS say.
Meanwhile, reception rooms for people who have complaints about the mobile operators will open doors Monday in the cities of Varna, Burgas, Plovdiv, Veliko Tarnovo and Vratsa. Such room is already in place in the capital Sofia.
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
Wizz Air is accelerating its return to Israel
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe