Bulgaria Labor Costs Register Wide Growth Variations
Bulgaria National Statistics Institute (NSI) has published labor cost data, showing that hourly costs rose on average by 7,2% year on year.
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Bulgaria National Statistics Institute (NSI) has published labor cost data, showing that hourly costs rose on average by 7,2% year on year.
A Bulgaria Insurance Report has concluded that the country's industry is facing a difficult period in both the life and non-life sectors.
The Deutsche Bundesbank, Germany's central bank, has warned against using the International Monetary Fund to resolve Greece's debt crisis.
Kurt Kotzegger, CIO for equities and asset allocation at Raiffeisen Capital Management, has predicted that emerging markets will blossom in 2010, leaving developed markets in their wake.
Employers from the Economic Initiative Union have queried whether Finance Minister will be able to withstand pressure from commercial banks over the joint anti-crisis plan
Bulgaria's new tax on luxury goods, which the government plans to introduce to help fight the economic crisis and keep down the fiscal deficit, will be collected by the municipalities, the finance minister announced.
Fierce German resistance to helping Greece has emerged in a Financial Times opinion poll that strengthens Angela Merkel's hand ahead of a possible European showdown this week over financial aid for Athens.
Bulgaria PM Boyko Borisov has stated that the flat rates for income and corporate taxes will remain but that there will be a 'Luxury' tax introduced to counter the financial crisis.
Bulgaria must give up temporarily its flat rates for income and corporate taxes because of the economic crisis, according to Labor Minister Totyu Mladenov.
Greece should be prepared to declare itself insolvent if it cannot repay its debts, a director of the German central bank said in a sign of the hard line against help for heavily indebted EU countries.
Bulgaria's aspirations to join the euro zone may be rewarded in no less than two decades, according to a leading European analyst.
Greece must raise some EUR 16 B in debt by the end of May, the head of Greece's PDMA debt agency said in an interview published on Friday.
Bulgaria's Economy Minister, Traicho Traikov, has said he is considering offering investors a minority stake in the Maritsa East 3 power plant.
Bulgaria's Finance Ministry has decided to cut the amount of food vouchers it circulates to commercial companies, in a reaction to the crisis and in order to maximize budget revenue.
Bulgaria's government will be ready with its new package of anti-crisis measures by next week, Finance Minister Simeon Djankov announced.
Bulgaria has weak chances for joining the bloc's exchange-rate mechanism, the so-called eurozone waiting room, and making this top priority dooms it to a recession, a German analyst has commented.
Greece may seek financial help from the International Monetary Fund over the April 2-4 Easter weekend due to little hope for aid from the European Union.
Bulgaria's tax revenue in the first two months of 2010 was BGN 600 M smaller than in the same period of 2009, announced the National Revenue Agency head, Krasimir Stefanov.
The Borisov government has adopted "pro-crisis" rather than "anti-crisis" measures, Bulgaria's former Finance Minister Plamen Oresharski believes.
The European Commission assessment of Bulgaria's three- year fiscal plan is one of the few positive, which boosts the country's chances of joining the eurozone waiting-room ERM II, insiders from Brussels have commented.
Bulgaria's Minister for Regional Development, Rosen Plevneliev, has announced that he is prepared to reluctantly "accept" a EUR 41 M increase in construction costs of the Lyulin Highway.
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