Business » Finance

IMF: Global Growth is Slowing, Inflation is Rising

Covid-19's Omicron variant is creating obstacles to the global economy that will slow growth this year, especially the world's two largest economies, the IMF said.

Business » Finance | 9 hours ago | Viewed: 695

Bulgaria: Bread and Grain Products Rose in Price more than the Average Inflation

The National Statistical Institute announced inflation in December, which is expected to be high. For the year, on average, prices increased by 7.8%.

Business » Finance | January 23, 2022, Sunday // 12:34 | Viewed: 2072

Bulgaria: One Billion BGN are Provided in the 2022 Budget for Food Vouchers

One billion levs are provided in the 2022 Budget for food vouchers. This is clear from the bill published on Friday, which should come into force on April 1. With this social benefit, employees will now be able to pay for utilities.

Business » Finance | January 23, 2022, Sunday // 11:52 | Viewed: 1997

Bulgarian Experts: Life will Continue to Become More Expensive in the Coming Months

Life will continue to become more expensive in the coming months. Inflation is likely to remain high throughout the year. This is what the financier Daniel Donchev predicted on the Bulgarian National Radio.

Business » Finance | January 23, 2022, Sunday // 11:47 | Viewed: 2072

The Fitch BBB Rating of Bulgaria with a Positive Outlook has been Confirmed

The international rating agency Fitch Ratings confirmed the long-term credit rating of Bulgaria in foreign and local currency BBB with a positive outlook, said the press center of the Ministry of Finance.

Business » Finance | January 22, 2022, Saturday // 13:07 | Viewed: 2031

Bulgarian Finance Minister is Confidant that Bulgaria will Adopt the Euro from January 1, 2024

Finance Minister Asen Vassilev once again expressed confidence, now in an interview with Reuters, that Bulgaria will join the Eurozone in 2024.

Business » Finance | January 22, 2022, Saturday // 10:30 | Viewed: 2167

Bulgarian Finance Minister Envisages BGN 710 Min. Salary and BGN 3,400 Max. Insurance Income

The Deputy Prime Minister and Minister of Finance Asen Vassilev defined the draft financial framework as a “budget for economic growth”. It envisages economic growth of 4.8%. It will enter into force on April 1, when the minimum wage will increase from 65

Business » Finance | January 21, 2022, Friday // 16:44 | Viewed: 2931

Bulgaria: Record Investments are Set in the 2022 Budget

“Many of the policies set out in the coalition agreement cannot be valued in this budget because of the short time. But we plan an update in the middle of the year that will include everything. This is a budget that is trying to achieve a lasting change i

Business » Finance | January 21, 2022, Friday // 13:34 | Viewed: 2192

Bulgaria: Forecast for Economic Growth in 2022

Economic growth in 2022 will remain at last year's levels amid growing fears of inflation

Business » Finance | January 18, 2022, Tuesday // 13:02 | Viewed: 2783

Bulgaria: 7.8% Annual Inflation in December

In December 2021, annual inflation in our country accelerated to 7.8% from 7.3% in November, according to data from the National Statistical Institute. This is the highest annual inflation since December 2008.

Business » Finance | January 18, 2022, Tuesday // 12:28 | Viewed: 2901

Kraken Cryptocurrency Exchange: Bulgaria owns $10 billion Bitcoin

The information denied 5 years ago by Ivan Geshev - then only the head of the special prosecutor's office, that Bulgaria “arrested” over 200,000 bitcoins in 2017, appeared in the latest report of one of the largest cryptocurrencies in the world - Kraken.

Business » Finance | January 18, 2022, Tuesday // 08:41 | Viewed: 7976

Bulgaria: The Minimum Salary will be over EUR 350

There is a debate about the amount of the minimum wage, it will increase significantly from the current BGN 650 and will be over BGN 700 (EUR 350). This was said by the Minister of Labor and Social Policy Georgi Gokov in an interview for BNT.

Business » Finance | January 14, 2022, Friday // 13:35 | Viewed: 4197

58% of Adults in Bulgaria are Financially Literate

In the self-assessment of their own financial knowledge, 48% of the respondents defined their level as average, and 10% as high

Business » Finance | January 11, 2022, Tuesday // 15:59 | Viewed: 3903

Bulgaria: Changes in Bank Fees and Loans in 2022

In the new year we will pay more, both for cash withdrawals and ATMs. Fees will vary depending on the amount. It will also cost us more to transfer funds - i.e. if we transfer money from account to account, regardless of whether the accounts are in the sa

Business » Finance | January 10, 2022, Monday // 13:52 | Viewed: 5044

World Bank Representative: There is no danger of Hyperinflation in Bulgaria

Despite all the crises and inflation, Bulgaria's economy will grow by almost 4% this year. Our country has done its homework well, preparing to enter the eurozone. There is no ground for hyperinflation.

Business » Finance | January 9, 2022, Sunday // 20:28 | Viewed: 4451

Bulgarian Finance Minister: Jan. 1, 2024 remains the date for Bulgaria's Accession to the Eurozone

During a ‘blitz control’ in the parliament, Deputy Prime Minister and Minister of Finance Asen Vassilev defended the already announced date for Bulgaria's accession to the eurozone - January 1, 2024. He said that our country at this time is fully technica

Business » Finance | January 7, 2022, Friday // 14:59 | Viewed: 2951

Bulgarian PM: We will Adopt the Euro in two years

Bulgaria continues with its plans to change the national currency with the euro from 2024, but the government must increase its active efforts to explain this change to the population, which remains divided on the issue. This was stated by Bulgarian Prime

Business » Finance | January 6, 2022, Thursday // 09:55 | Viewed: 5510

Annual Forecast for the Bulgarian Economy

The Bulgarian economy will continue to recover smoothly, and by the end of 2022 may return to pre-crisis levels. This is what Euler Hermes, a leader in commercial credit insurance at the global level, predict in their regular report. GDP will increase by

Business » Finance | January 5, 2022, Wednesday // 14:40 | Viewed: 3045

IMF Postpones its Global Economic Forecast to Assess the Development of COVID-19

The International Monetary Fund will publish its forecasts for the world economy on January 25, a week later than planned, to take into account the latest developments in the Covid-19 pandemic, said a spokesman for the global lender amid signs that the IM

Business » Finance | January 5, 2022, Wednesday // 10:35 | Viewed: 2136

Bulgaria: The Draft Budget is Expected to be Ready by the Middle of January

The draft budget for the already started year will be ready by the middle of the month and then its public discussion is expected to begin, and it should be submitted to the National Assembly by the end of January. This was announced at a briefing by the

Business » Finance | January 4, 2022, Tuesday // 16:12 | Viewed: 2208

Bulgaria: Double-Digit Inflation in 2022

Bulgaria is facing a serious rise in inflation, which in 2022 could double, depending on how the government reacts - warned financial expert and former MP from "There Is Such a People" Mika Zaykova.

Business » Finance | December 29, 2021, Wednesday // 11:49 | Viewed: 3616
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