Business » Finance

Bulgaria Sees 58% Dcline of FDI in 2010 Y/Y

A total of EUR 1.35 B in foreign direct investments has been registered in Bulgaria in 2010, which is a 58% decrease year on year, according to the Dnevnik daily.

Business » Finance | February 14, 2011, Monday // 14:08 | Viewed: 1823

Ecofin Likely to Say Bulgaria Did Enough to Cut Deficit

European Union finance ministers are expected to confirm at their meeting in Brussels, starting on February 14, that Bulgaria needs take no further steps to curb its budget deficit under the bloc's rules on government finances.

Business » Finance | February 14, 2011, Monday // 07:59 | Viewed: 2734

Bulgaria Raises BGN 24 M More from Gambling in 2010

Bulgaria raised 24% more state revenues from gambling in 2010 than it did in 2009, according to the State Commission on Gambling.

Business » Finance | February 12, 2011, Saturday // 18:04 | Viewed: 2522

Bulgaria Restricts Cash Payments to BGN 15 000

Cash payments in Bulgaria should not exceed BGN 15 000 under amendments adopted conclusively by the parliament on Wednesday.

Business » Finance | February 9, 2011, Wednesday // 14:00 | Viewed: 3906

Bulgaria's FinMin Reveals Plan for Financial Stability Pact'

Bulgaria's Finance Minister Simeon Djankov has officially announced proposed Constitution amendments designed to bolster and guarantee the country's financial stability.

Business » Finance | February 8, 2011, Tuesday // 19:55 | Viewed: 2620

Bulgaria's FinMin Rejects Again Upping Minimum Wage

Bulgaria's Finance Minister, Simeon Djankov, has reiterated his position that there is not enough money in the 2011 state budget for increasing minimum monthly wage.

Business » Finance | February 8, 2011, Tuesday // 17:49 | Viewed: 1951

Bulgarian Social Minister Firm on Upping Minimum Wage

There is a proposal to increase minimum monthly wages in Bulgaria by BGN 30, beginning July 1, Social Policy and Labor Minister, Totyu Mladenov, informs.

Business » Finance | February 8, 2011, Tuesday // 12:56 | Viewed: 2623

Agefi: Americans Turn Bulgarians to Avoid Taxes

Americans are giving up their citizenship in order to obtain Bulgarian or Austrian passports, the Swiss financial daily "Agefi" claims.

Business » Finance | February 7, 2011, Monday // 11:49 | Viewed: 4534

Bulgaria Govt Stands Firmly by 2013 Referendum on Taxes

Bulgaria's finance minister has fervently defended his suggestion for raising direct taxes only by referendum in the future, which opponents have slammed as an impracticable and cowardly idea.

Business » Finance | February 4, 2011, Friday // 14:56 | Viewed: 2501

Sofia Prosecutors Refuse to Rule on 11 Disloyal Companies Case

Sofia District Prosecutor's Office has returned to the General Labor Inspectorate Executive Agency the case of 11 disloyal companies that have not paid salaries to their employees.

Business » Finance | February 3, 2011, Thursday // 11:27 | Viewed: 2374

Bulgarian Banks May Drop Fee on Pre-Term Credit Payment

People who pay their credit early will no longer pay fees to the bank, according to amendments to the Bulgarian Credit Institutions Act.

Business » Finance | February 3, 2011, Thursday // 09:11 | Viewed: 2692

Bulgarian Companies Face Severe Fines for Unpaid Salaries

Disloyal companies that have not paid salaries to their staff will be fined BGN 15,000 per employee, said Rumyana Mihaylova, Head of Bulgaria's General Labor Inspectorate Executive Agency.

Business » Finance | February 1, 2011, Tuesday // 11:44 | Viewed: 2902

Bulgaria C-Bank Nudges Up Base Rate to 0.19%

The Bulgarian National Bank (BNB) has decided to increase the base interest rate to 0.19% in February, up from 0.18% in January and December.

Business » Finance | February 1, 2011, Tuesday // 10:51 | Viewed: 2089

Experts: Bulgarian Inflation Rate Climbed above 4%

Bulgaria's year on year inflation rate has risen above 4%, according to a report released on Monday by experts from the Bulgarian Center for Economic Development.

Business » Finance | January 31, 2011, Monday // 15:10 | Viewed: 2995

Bulgarian Experts Forecast Up to 3% Economic Growth 2011

Bulgaria's economy will grow with up to 3% in 2011, the experts from the Center for Economic Development have stated in their January report.

Business » Finance | January 31, 2011, Monday // 12:23 | Viewed: 2636

Key Bulgarian MP: No Rush but Let's Get Ready for Euro Zone Anyway

There is no point in rushing to adopt the euro at this point, according to Bulgarian MP Menda Stoyanova, Chair of the Parliamentary Committee on Budget and Finance.

Business » Finance | January 30, 2011, Sunday // 18:58 | Viewed: 2065

Bulgarian Ministers Clash on Minimum Wage Increase

Finance Minister, Simeon Djankov, has made a rushed statement regarding the freeze of minimum wages and retirement pensions in Bulgaria, according to Social Policy Minister, Totyu Mladenov.

Business » Finance | January 30, 2011, Sunday // 10:15 | Viewed: 2794

Bulgarian Finance Minister Dampers Wage Increase Hopes

There are no funds in budget 2011 to increase minimum wages and/or minimum retirement pensions, Bulgarian Finance Minister, Simeon Djankov, declared.

Business » Finance | January 29, 2011, Saturday // 09:54 | Viewed: 2677

Brussels Clears Deficit Offender Bulgaria

The European Union's executive said on Thursday that four countries, including Bulgaria, have been stricken off its deficit watch list as they have taken adequate steps to correct it.

Business » Finance | January 27, 2011, Thursday // 16:02 | Viewed: 2637

Bulgarian Customs Chief Faces 'Contraband' Hearing

The Members of the Bulgarian Parliament from the Budget and Finance Committee are holding Thursday afternoon a hearing of the Director of the Customs Agency, Vanyo Tanov.

Business » Finance | January 27, 2011, Thursday // 11:35 | Viewed: 2065

Bulgaria's Govt Debt Down by EUR 30 M in Nov 2010 Y/Y

Bulgaria's general government debt amounted to EUR 2.762 B (7.7% of the GDP) as of end November 2010, Bulgarian National Bank data released Tuesday shows.

Business » Finance | January 25, 2011, Tuesday // 19:29 | Viewed: 2394
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