Financiers: Borisov Govt Patched Things Up in 2010 H2
Leading Bulgarian financiers have criticized the Borisov Cabinet for its response to the economic crisis while also recognizing that the government has in a way reacted to it “adequately.
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Bulgarian Govt Provides Additional 2010 Funding to State TV
The Bulgarian government has provided additional funding of BGN 10 M to the Bulgarian National Television (BNT) for 2010.
Bulgaria's Gross Foreign Debt Down by EUR 1.4 B Y/Y
At the end of October 2010, Bulgaria's gross external debt stood at EUR 36.02 B, which is a decrease of EUR 1.415 B compared with October 2009, according to latest data of the Bulgarian National Bank.
Retirement Funds 'Nationalization' Enters Bulgarian Constitutional Court
Some texts of the Social Security Act will be challenged in the Bulgarian Constitutional Court, the right-wing Blue Coalition announced Wednesday.
Bulgarian Customs Boast Decent Revenues in 2010
Bulgaria's Customs Agency will raise a total of BGN 6.6 B in 2010, according to preliminary data released Wednesday.
Bulgaria Scoops BGN 17 M after Air Strikes on Luxury Mansions
About BGN 17 M have went to the state treasury as a result of the tax checks from Operation Helicopter by the Bulgarian National Revenue Agency (NRA), its director Krasimir Stefanov announced.
IMF Gives Greece More 'Credit'
The International Monetary Fund has disbursed EUR 2.5 B from its bailout package to Greece, with senior IMF saying it deserved "credit" for pushing its austerity measures.
Bulgaria's FinMin Pledges Two VAT Reductions by 2013
The Bulgarian government is the only one in Europe that reduced the tax burden in a difficult crisis year such as 2010, Finance Minister Simeon Djankov said.
BDB Strikes Agreement with Korean Export-Import Bank
The Bulgarian Development Bank (BDB) and the Export-Import Bank of Korea (Korea Exim Bank) has signed a permanent cooperation agreement.
S&P Confirms Bulgaria's Credit Ratings
Bulgaria's long- and short- term foreign and local currency credit ratings has been affirmed as 'BBB/A-3' by the credit agency Standard&Poor's
IMF Mission Chief Upbeat on Bulgaria's Economy
The International Monetary Fund expects Bulgaria's economy to grow 0% to 0.4% in 2010, facing a sluggish recovery from last year's crisis, according to IMF's new mission chief for the country.
Bulgaria's Only Stock Exchange Goes Public
Bulgaria's only stock exchange became a public company after the Financial Supervision Commission approved its prospectus and the bourse was listed on its own platform.
Bulgarian President 'Reluctantly' Signs Budget 2011
Bulgaria's President, Georgi Parvanov, signed Tuesday the decree to officially publish the 2011 State budget, the presidential press office announced.
Generali Buys Minority Stakes in Bulgaria's Corporate Bank
Two units of Italian insurer Assicurazioni Generali SpA have acquired minority stakes in Bulgarian lender Corporate Commercial Bank AD, the bank announced.
Bulgaria Eager to Opt in European Crisis Resolution Mechanism
Bulgaria is interested in opting in the European permanent crisis resolution mechanism and believes it should not be confined to the euro area, the finance minister has said.
Ernst & Young: Bulgarian GDP to Grow 3.6% in 2011, 6% in 2012
Ernst & Young, one of the world's leading professional services companies, expects that the Bulgarian economy will grow by 3.6% in 2011, the same growth rate forecast by the Bulgarian government.
Bulgaria's Annual Inflation 2 Times Higher than EU Average
In the month of November, annual inflation in Bulgaria has reached 4.6%, compared to November of 2009, according to data released by the National Statistics Institute (NSI).
Bulgaria's Social Security Institute Ready to Pay Christmas Bonuses
Bulgaria’s National Social Security Institute (NOI) is ready to react if it permitted to add Christmas bonuses to the pensions, the NOI Director, Hristina Mitreva, has announced.
Bulgaria FinMin: No to Christmas Bonuses, Yes to VAT Cut
Half a year after deciding not to raise the 20% value added tax, Bulgaria's finance minister has made it clear he is set to even cut the rate as of 2012 at the earliest.
Postbank Director Grabs Bulgaria's 'Banker of the Year' Prize
Assen Yagodin, the Executive Director of Postbank, has won the 2010 Banker of the Year prize of Bulgarian financial newspaper "Banker".
Bulgarian Economy Performs Better Than Expected in 2010 Q3
Bulgaria's economy registered slightly better results in the third quarter of 2010 that the initial data sets of the National Statistical Institute (NSI) indicated last month.
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