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
Every Third Bank in the World Is at Risk of Extinction
Every third bank in the world is at risk of extinction in the coming months, according to a study by consulting firm McKinsey.
Pensions Will Increase by almost 7% since July 1st
From July 1, 2020, pensions will increase by 6.
Eurostat: Euro Area and EU 28 Government Deficit and Debt Decreased to 0,5% and 0,7% Respectively
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017.
15% Increase in the Banking System's Profit for the First Six Months of the Year
The banking system's profit for the first six months of the year reached EUR 470 million, up 14.
It is Possible For Bulgaria to Join the "Waiting Room" For the Euro Area by June 2020
Bulgaria can join the ERM II exchange rate mechanism in the first or second quarter of 2020.
The Euro Zone Budget Will Be Approximately EUR 17 Billion
European finance ministers have agreed on the details of a relatively small investment and reform budget within the euro area, which will start operating in 2021.
Six Bulgarian Banks Rank in the Top 100 of the Largest Financial Institutions in Central and Eastern Europe
Six Bulgarian banks rank in the Top 100 of the largest financial institutions in Central and Eastern Europe.
IMF: Trade Wars Affect the Global Economy
Trade wars around the world have a strong negative impact on global economic growth.
The Banks which Are Affected by Brexit Are Heading to Frankfurt
Banks which are seeking for a new European financial centre after Brexit have so far turned their preferences to Frankfurt, according to a study by German bank Helaba.
What Is Sure for Budget 2020: 10% Increase in Public Administration Salaries, as well as a Double Increase in Teacher Salaries
It is early to say what the priorities in the 2020 Budget will be, but it certainly includes the planned 10% increase in public administration salaries, as well as a double increase in teacher salaries.
Bulgaria's Budget Surplus Has Shrunk by More than a Half by the End of August
According to the Ministry of Finance, Bulgaria's budget surplus has shrunk to 600 million euros by the end of August.
Increase in Production Prices in Bulgaria in August
In August, production prices in Bulgaria rise for the second consecutive month as their growth accelerates and on an annual basis, according to data from the National Statistical Institute, which is a prerequisite for a certain increase in inflationary pr
BNB: Bank Savings Increase to BGN 53.660 Billion at the End of August
The loans of Bulgarian families are over 23 billion, writes NOVA TV.
Bulgaria Is among the Countries Which Attracted Most Funds under the Juncker Investment Plan
Bulgaria is fourth in the ranking of EU countries attracting financing under the Juncker Investment Plan, BNR reported.
Oil Prices Rise with 10%
Oil prices have risen by more than 10% in Asian trade since the oil rig attack in Saudi Arabia.
Greece is Preparing to Cut Income Taxes
Greek workers, retirees and self-employed professionals will see a significant reduction in their tax bills in 2020, says a bill that reduces the lowest income taxes to 9 percent from 22 percent for income to 10,000 euros, Kathimerini reported.
In the Period January - June 2019 Bulgarian Exports to the EU Grew by 5.1%
In the period January - June 2019 Bulgarian exports to the EU grew by 5.
In 2018 the Goods Exported From Bulgaria amounted to BGN 56 030.4 Million
In 2018 the goods exported from Bulgaria amounted to 56 030.
The Amount of the Fiscal Reserve as of June 30 is BGN 11.7 billion
With its decision, the government approved the report on the cash execution of the consolidated fiscal program for the first half of 2019.
NSSI: BGN 974.05 Is the Average Insured Income for the Country in July 2019
The average social insured income for the country for July 2019 is BGN 974.
The Minimum Wage for 2020 - 1000 BGN?
The Confederation of Labour Podkrepa will ask for a minimum wage of 1000 BGN to be set in the budget for 2020, since this minimum wage currently corresponds approximately to the labor productivity.
Highlights
Local Elections 2019
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Ups & Downs
Bulgaria and Jordan Will Deepen their Cooperation in Tourism
Bulgaria Is the 77th Corrupt Country in the World
