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: 57363

Reuters: Euro Zone Ready to Let Bulgaria and Croatia Into the ERM-2 Mechanism

BRUSSELS, July 9 - Euro zone officials are ready to let Croatia and Bulgaria into the ERM-2 mechanism, a preliminary stage for adopting the euro as their currency in the next three years, four sources told Reuters.

Business » Finance | 12 minutes ago | Viewed: 45

IMF Managing Director Kristalina Georgieva: Emergency Financing to 72 of the World’s Poorest Countries

The International Monetary Fund has provided emergency financing to 72 of the world’s poorest countries to help them deal with the coronavirus pandemic, but must further improve its lending instruments for low-income countries, IMF Managing Director Krist

Business » Finance | July 8, 2020, Wednesday // 16:32 | Viewed: 1398

Eurozone Agrees EUR 750 Million of Debt Relief Measures for Greece

The eurozone agreed on Tuesday new debt relief measures for Greece worth about 750 million euros ($840 million) as part of the country’s post-bailout program.

Business » Finance | July 7, 2020, Tuesday // 17:33 | Viewed: 1839

Important Moments and Insights From the Bitcoin History

Today Bitcoin has achieved a status as one of the largest cryptocurrency by market capitalization and has also prompted the rise of many other cryptocurrencies since its inception.

Business » Finance | July 7, 2020, Tuesday // 13:43 | Viewed: 2203

Summer 2020 Economic Forecast: Deeper Recession With Wider Divergences

The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels.

Business » Finance | July 7, 2020, Tuesday // 13:23 | Viewed: 1797

EC and EIB Provide CureVac With a €75 Million Financing for Vaccine Development

European Investment Bank and CureVac sign €75 million loan agreement for the development and large-scale production of vaccines, including CureVac's vaccine candidate against SARS-CoV-2

Business » Finance | July 7, 2020, Tuesday // 13:15 | Viewed: 1656

Bulgaria's Deputy PM Tomislav Donchev and BICA Discuss How to Effective Invest EU Funds in the Bulgarian Economy

In a discussion with the members of the National Council of the Association of Industrial Capital in Bulgaria (BICA) today, the Deputy Prime Minister of Bulgaria Tomislav Donchev stressed the need to urgently determine the priority areas and mechanisms to

Business » Finance | July 2, 2020, Thursday // 17:12 | Viewed: 3231

Bulgarian Fibank Increases Its Capital

Fibank (First Investment Bank) successfully increased its capital.

Business » Finance | July 2, 2020, Thursday // 16:55 | Viewed: 2615

NSSI Bulgaria: More than 2 Million Retirees with Increased Amount of Pensions

The State Social Insurance Budget Act (SSSI) for 2020 approved pension expenditures of over BGN 10.

Business » Finance | June 30, 2020, Tuesday // 11:43 | Viewed: 2502

IMF's Kristalina Georgieva: Virus Crisis Could Ultimately Test $1 Trillion War Chest

International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund’s $1 trillion in total resources, “but we’re not there yet.

Business » Finance | June 27, 2020, Saturday // 16:03 | Viewed: 2548

Why Bulgarians Take Quick Loans?

There are many reasons why the quick loans in Bulgaria became so popular in the last decade.

Business » Finance | June 25, 2020, Thursday // 10:23 | Viewed: 3040

Bulgaria: VAT for Restaurants, Books and Baby Goods Becomes 9% from July 1

From 1 July, the reduced rate of value added tax of 9% will apply to books, restaurants and catering services, baby food and diapers.

Business » Finance | June 24, 2020, Wednesday // 13:21 | Viewed: 3047

Eurostat: Bulgaria With The Lowest Prices in EU

The gap in the prices of consumer goods and services in the individual countries members of the EU in 2019 was considerable, with Denmark having the highest price level, and Bulgaria – the lowest, Eurostat data show.

Business » Finance | June 19, 2020, Friday // 20:52 | Viewed: 3990

NSI: The Average Social Security Income in Bulgaria for April 2020 is BGN 1057,09

The National Social Security Institute announces that the amount of the average social security income for the country for April 2020 is BGN 1,057.

Business » Finance | June 19, 2020, Friday // 09:43 | Viewed: 2778

Bulgaria: The Inflation Rate is -0,6%

The inflation rate since the beginning of the year (May 2020 compared to December 2019) is -0.

Business » Finance | June 15, 2020, Monday // 19:04 | Viewed: 2335

Bulgarian State Acquires 26% of Fibank Due to ERM-2

The Bulgarian state and an anonymous party participated in the auction for 110 million securities, which allow raising 100 million euros from First Investment Bank - Fibank.

Business » Finance | June 12, 2020, Friday // 08:25 | Viewed: 4049

First Online IIB Board of Directors Meeting Takes Place

On June 5, 2020, the 6th meeting of the Board of Directors of International Investment Bank took place.

Business » Finance | June 10, 2020, Wednesday // 15:20 | Viewed: 2847

Bulgarian Government Increases the Capital of the Fund of Funds

At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000.

Business » Finance | June 10, 2020, Wednesday // 14:56 | Viewed: 2474

World Bank: Bulgarian Economy to Decline 6.2% for 2020 and Growth of 4.3% in 2021

The coronavirus crisis will shrink the global gross domestic product by 5.

Business » Finance | June 9, 2020, Tuesday // 13:14 | Viewed: 2914

The Future of Bitcoin in Bulgaria

According to recent statistics, Bulgaria is the second country with the highest number of bitcoins in the entire world.

Business » Finance | June 6, 2020, Saturday // 20:11 | Viewed: 6352

Denitsa Sacheva: 60/40 Wage Support Scheme will be Amended

The 60/40 wage support scheme used by the state to pay 60% of the social security contributions and 60% of the salaries will be amended and will continue from July 1 until September 30, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva said.

Business » Finance | June 3, 2020, Wednesday // 20:24 | Viewed: 2103
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