Moody's Affirms Bulgaria's Credit Rating with Positive Perspective
Moody's Investors Service has affirmed Bulgaria’s Baa3 credit rating with a positive perspective, announced the Finance Ministry.
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Business » Finance
More Tax Evasion Scams Busted at Bulgarian Beach Resorts
The Bulgarian Revenue Agency (NRA) has discovered new cases of large-scale tax evasion in the amount of over BGN 1.5 M on the country’s Black Sea coast in the last two weekends, the Agency reports.
Bulgarian Revenue Agency Boss Vows 100% Return
Bulgaria's National Revenue Agency will collect all its dues for 2010, promised the agency director Krasimir Stefanov.
Moody's Rates Bulgaria with Positive Outlook
Bulgaria is the only country in Europe and Middle Asia with a positive outlook of sovereign credit rating, Moody's rating agency has announced.
S&P: Foreign Shareholders, C-Bank Efforts Keep Bulgarian Banks in the Black
Bulgaria is unlikely to see significant loan growth in the near future, according to an analysis of the country's banking system by Standard & Poor's agency.
Bulgarian Revenue Agents Make New Beach Resort Hits
The Bulgarian Revenue Agency (NRA) has discovered two new cases of large-scale tax evasion at restaurants on the country's Black Sea coast, the Agency reports.
Bulgaria's Default Bank Loans Hit 16%
The default bank loans in Bulgaria have reached 16% by the end of July, according to data from Bulgaria's Central Bank, BNB.
Irish Bank Set to Drop Bulgarian-American Credit Bank Stake
The Irish bank AIB is looking to sell its 49,9% stake in the Bulgarian-American Credit Bank (BACB) due to its depreciation.
Jail Looms for Bulgarian Resort Owners over Tax Evasion
The owners of a company, managing several establishments in the Bulgarian beach resort of Lozenets, are probed by the prosecutor over charges of large-scale tax evasion.
Bulgarian Tax Agents Fine Towing Cars at Black Sea Coast
The two towing cars in the Bulgarian Black Sea town of Primorsko did not have cash registers and have declared a 100% profit, the National Revenue Agency has announced.
Ministry of Finance: Fitch Optimistic about Bulgaria
Fitch confirmed its credit rating for Bulgaria and characterized the situation in the country as “stable”, announced the Bulgarian Ministry of Finance Thursday.
FDI in Bulgaria Slump by 78% in 2010 H1
The foreign direct investments (FDI) in Bulgaria for the first six months of 2010 was EUR 358,5 M, or 1% of the country's GDP, the Bulgarian National Bank (BNB) has announced.
Bulgaria's June Current Account Balance Ends on Positive
Bulgaria's trade deficit has shrunk in June while the current account balance is positive, according to data of the country's Central Bank, BNB.
Large-scale Tax Evasion Scams Busted at Bulgarian Beach Resorts
The mass tax probes of the Bulgarian National Revenue Agency (NRA) on the entire Black Sea coast during the last two weekends have uncovered hidden turnover of BGN 1.
Bulgarian FinMin with New Stock Exchange Representative
Bulgaria's Financial Supervision Commission approved Friday Georgi Balgarski as a member of the Board of Directors of the Bulgarian Stock Exchange (BSE).
Bulgarian Revenue Agents Hit Black Sea Coast with Warning
The Bulgarian National Revenue Agency (NRA) is launching overnight mass tax probes on the entire Black Sea coast, the agency announced Friday.
EU Data Helps Bulgaria Identify Massive Tax Evasion
Data from the EU has led Bulgarian authorities to investigate the evasion of some EUR 175 M in taxes by local companies.
KfW Grants Bulgaria EUR 34 M for Flood Prevention
The Bulgarian government and the German bank Kreditanstalt fuer Wiederaufbau (KfW) have signed an agreement for a loan for the construction of dikes.
Inflation in Bulgaria Up 0.4% in July 2010 M/M
Bulgaria registered once again an inflation of 0.4% on monthly basis in July, after a relatively short period of stability, data published Thursday by the National Statistics Institute (NSI) reveals.
Bulgaria Gets Loan for Dikes from German Bank KfW
Bulgaria will receive a loan for the construction of dikes from the German bank Kreditanstalt fuer Wiederaufbau (KfW).
Bulgarian Revenue Agency Recovers over BGN 1 B in Late Tax
The Bulgarian National Revenue Agency (NRA) collected in the first half of the year BGN 1.
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