Business » Finance

Bulgaria Support for Eurozone Entry Shows Steady Increase - Survey

The number of Bulgarians who feel positive about the country’s entry into the Eurozone show a steady increase, according to a Eurobarometer survey published on Monday.

Business » Finance | January 25, 2010, Monday // 17:30 | Viewed: 3626

Germany Vows Objectivity on Bulgaria Euro Bid

Germany will be objective in its support for Bulgaria's application to join the exchange-rate mechanism, the two-year currency stability test prior to euro adoption, German Chancellor Angela Merkel said.

Business » Finance | January 25, 2010, Monday // 16:43 | Viewed: 2565

Bulgaria Stock Exchange 2009 Turnover Drops by 46%

The Bulgaria Stock Exchange (BSE) has announced that turnover in 2009 dropped 46,4% year-on-year, from BGN 2,9 B in 2008 to BGN1,56 B in 2009.

Business » Finance | January 25, 2010, Monday // 11:42 | Viewed: 3867

EBRD Ups Forecast for Bulgaria's Economy

The European Bank for Reconstruction and Development (EBRD) has revised upwards its 2010 growth forecast for a number of countries, including Bulgaria.

Business » Finance | January 24, 2010, Sunday // 11:43 | Viewed: 3303

Bulgarian National Bank to Join TARGET2 Euro System

The Bulgarian National Bank (BNB) has joined TARGET2*, a real-time gross settlement system (RTGS) for Euro transactions.

Business » Finance | January 23, 2010, Saturday // 10:48 | Viewed: 5047

Bulgaria Central Bank Governor Slams Harmful Economy Myths

Bulgarian National Bank Governor, Ivan Iskrov, has confirmed Friday that the BNB had EUR 12,9 B worth of currency reserves at the end of the 2009.

Business » Finance | January 22, 2010, Friday // 19:04 | Viewed: 2299

Bulgaria Says Euro Bid Top Foreign Policy Priority

Bulgaria's application to join the exchange-rate mechanism, the two-year currency stability test prior to euro adoption, is the top priority of its foreign policy for the next six months, the finance minister has said.

Business » Finance | January 22, 2010, Friday // 13:44 | Viewed: 1946

Bulgaria New Cabinet Member Stirs Controversy

The young macroeconomics professor, who was recruited by Bulgaria's prime minister to strengthen the government's financial and economic team, faces an uphill struggle to impose his views.

Business » Finance | January 22, 2010, Friday // 10:40 | Viewed: 2006

PM Thanks Minister Djankov for Boosting Bulgaria's Finances

Bulgaria's Prime Minister Boyko Borisov has thanked his Finance Minister Simeon Djankov for his efforts to "improve Bulgaria's image with the global financial institutions.

Business » Finance | January 21, 2010, Thursday // 14:59 | Viewed: 1803

Bulgaria Drops 19 Places in World Economic Freedom Index

Bulgaria has dropped down 19 positions to 75th place in the world in the 2010 Index of Economic Freedom compiled by the Heritage Foundation and the Wall Street Journal.

Business » Finance | January 21, 2010, Thursday // 14:18 | Viewed: 3361

Ex Bulgaria Deputy PM: Personal Decision to Run for EBRD Post

Ex Bulgaria Deputy PM, Meglena Plugchieva, has confirmed that she is bidding to become the Vice President of the European Bank for Reconstruction and Development (EBRD).

Business » Finance | January 21, 2010, Thursday // 13:41 | Viewed: 1633

Moody's Changes Bulgaria's Rating Outlook to Positive

Moody's Investors Service has changed Thursday the outlook on the Bulgarian government's Baa3 ratings from stable to positive.

Business » Finance | January 21, 2010, Thursday // 13:18 | Viewed: 3198

Bulgaria Plans to Cut VAT to 16% by 2013

Bulgaria's finance minister has announced that Value-Added Tax (VAT), which currently stands at 20%, could be cut to 16% by the end of the new center-right government in 2013.

Business » Finance | January 21, 2010, Thursday // 12:04 | Viewed: 1401

Bulgaria Socialist Plugchieva Slated for EBRD Vice President

Bulgaria's Meglena Plugchieva is a prime candidate to become Vice President of the European Bank for Reconstruction and Development (EBRD).

Business » Finance | January 20, 2010, Wednesday // 15:42 | Viewed: 2048

Bulgaria Current Account Deficit Shrinks in Nov

Bulgaria's current account deficit stood at EUR 176,8 M in November, narrowing from EUR 861 M over the previous year, according to data of the central bank.

Business » Finance | January 15, 2010, Friday // 17:54 | Viewed: 2537

Gradual VAT Reduction Draws Mixed Responses in Bulgaria

A day after Bulgaria's prime minister announced that Value-Added Tax (VAT), which currently stands at 20%, could be cut gradually starting from 2010, experts have voiced cautious forecasts.

Business » Finance | January 12, 2010, Tuesday // 09:48 | Viewed: 2044

WSJ: Bulgaria's Euro Adoption in 2013 Tough Task

EU members' swelling debt burdens may end up foiling Bulgaria's aspirations to join the euro in three years, despite the country's budgetary rigor, the Wall Street Journal write in its latest issue.

Business » Finance | January 12, 2010, Tuesday // 08:15 | Viewed: 5448

Israel PM Advises Bulgaria to Reduce VAT over Financial Crisis

Israeli PM Benjamin Netanyahu has advised his Bulgaria counterpart Boyko Borisov to gradually reduce VAT as a measure to deal with the financial crisis.

Business » Finance | January 11, 2010, Monday // 13:02 | Viewed: 2701

PM: Bulgaria's Eurozone Quest Will Begin in January

Bulgarian Prime Minister Boyko Borisov has declared that entry to the Eurozone is now the country’s top foreign policy priority.

Business » Finance | January 11, 2010, Monday // 10:45 | Viewed: 2056

Ex-Bulgaria Cabinet Spent Billions from Phantom Budget Surplus

The record State budget revenue for 2008, claimed by Bulgaria's previous three-party coalition cabinet, never existed, an audit of the National Audit Office reveals.

Business » Finance | January 9, 2010, Saturday // 12:32 | Viewed: 3270

1 429 Companies to Be Registered as Large Taxpayers in Bulgaria

Bulgaria's National Revenue Agency is going to register a total of 1 429 companies from all the country in the category of "Large-scale Taxpayers" based on its criteria.

Business » Finance | January 4, 2010, Monday // 14:28 | Viewed: 2922
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