Serbia Narrows the Gap: Pension Increases Bring Incomes Closer to Bulgaria
From December 1, pensions in Serbia rose by 12.2%, bringing the average pension for retirees to 485 euros
BGNES
Six new companies have joined the indices of the regional stock exchange platform SEE Link, announced the Bulgarian Stock Exchange.
Two of the companies are Serbian and the rest are Slovenian.
SEE Link is a platform created by the stock exchanges in Bulgaria, Macedonia and Croatia with the purpose of creating a regional infrastructure for trade in securities. Its total market capitalisation exceeds USD 38.5 B.
Three more operators are getting ready to connect to the platform – the stock exchanges in Athens, Montenegro and Banja Luka.
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgaria’s banking system will undergo a brief technical shutdown on New Year’s Eve
The demand for euro coin sets proved overwhelming, as post offices across Bulgaria reported that their stocks had rapidly depleted.
From December 1st, Bulgarians can purchase starter packages with the national side of the euro coins at banks and “Bulgarian Posts”
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