Sofia City Court Halts Insolvency Proceedings at KTB
The Sofia City Court has stopped insolvency proceedings launched at Corporate Commercial Bank (KTB).
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Business » Finance
The Bulgarian National Bank to Lift Capital Buffer over Cyclical Risk
SOFIA, Sept 26 (Reuters) - The banks in Bulgaria will have to set aside additional capital as of October 2019 to counter a build-up of cyclical systemic risks linked to credit growth and real estate prices, the Bulgarian central bank said on Wednesday.
Experts: Bulgaria is Among the Least Endangered Countries in the Currency Crisis Happening Around the World
Seven emerging economies are at risk of a crisis in the exchange rate.
Economic Growth in Bulgaria is Lower than Expected - 3.4%
Economic growth in Bulgaria continues to be below the expectations of the government.
Real Estate Market Could Lead to Europe's Next Crisis, ECB Says
FRANKFURT (Reuters) - Europe’s next crisis could originate in the real estate market, European Central Bank supervisor Daniele Nouy said in an interview with a Latvian news agency, adding that banks are better prepared to handle one than they were a decad
Eastern Europe Block Is Not a Chain Anymore
As the popularity of cryptocurrencies grows, so the legislation of the crypto industry develops too.
Turkish Inflation Surged to 15-year High in August
AFP - Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month.
Bulgaria Sees Fiscal Surplus at 2.4%/GDP at End-August
SOFIA: Bulgaria expects to post a fiscal surplus of 2.
The Bulgarian National Bank Lowered its Forecast for Growth to 3.9%
The Bulgarian National Bank (BNB) has lowered its forecast for economic growth this year from 4.
Assets of Resident Investment Funds in Bulgaria Rise
SOFIA (Bulgaria), August 21 (SeeNews) - The assets of resident investment funds in Bulgaria increased by an annual 17.
Bulgaria is Fifth in the EU by GDP Growth in the Second Quarter of the Year
Bulgaria is fifth in the EU by GDP growth in the second quarter, after increase of 3.
Bulgaria's GDP Grew by 3.4% in the Second 3 Months of the Year
In the second quarter of 2018 gross domestic product (GDP) grew by 3.
World Markets Unnerved by Turkey’s Financial Turmoil
BANGKOK (AP) — World stock markets fell Friday, particularly in Europe, as investors worried about the financial stability of Turkey, where the currency has nosedived.
Rise in Bulgaria's Fibank Share Price Helps SOFIX End in Green
SOFIA (Bulgaria), August 8 (SeeNews) - A 5.
Bulgaria's Bank Lending Growth Speeds up
SOFIA (Bulgaria), August 8 (SeeNews) - The value of Bulgarian banks' outstanding loans to the non-government sector rose 5.
Bulgaria's Adamant Capital Partners Plans to Start Operations in Croatia
SOFIA (Bulgaria), August 8 (SeeNews) - Bulgarian brokerage house Adamant Capital Partners intends to offer its services in Croatia, without setting up a branch there, Bulgaria's Financial Supervision Commission (FSC) said.
EBRD Invests EUR 100 Million in Bulgaria's BEH 7-yr Bond
SOFIA (Bulgaria), August 3 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) has invested 100 million euro ($115.
Societe Generale Close to Sale of Bulgarian Bank to Hungary's OTP
SOFIA (Reuters) - French bank Societe Generale (SOGN.
Bulgaria's Fibank Non-cons Net Profit Rises in H1
SOFIA (Bulgaria), July 31 (SeeNews) - Bulgaria's First Investment Bank (Fibank) [BUL:5F4] said that its non-consolidated net profit rose to 45.
Bulgaria's Gross Foreign Debt falls 4.2% y/y in May
SOFIA (Bulgaria), July 30 (SeeNews) - Bulgaria's gross foreign debt fell by an annual 4.
Bitcoin Surpasses $8,000 to Hit Two-month High
LONDON (Reuters) - Bitcoin, the world’s best-known cryptocurrency, shot past $8,000 on Tuesday for the first time in two months on signs of growing institutional interest in virtual coins.
First Crypto ATM Machines to be Launched in Bulgaria
We dream of the day when crypto ATM machines are more common in our high streets than badly tuned guitars held by crusty buskers.
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