Business » Finance

Iskrov Wins Second Term as Bulgaria Central Bank Governor

Ivan Iskrov has been chosen to serve a second term as Bulgarian Central Bank Governor by the Bulgarian Parliament early Wednesday.

Business » Finance | August 26, 2009, Wednesday // 10:17 | Viewed: 1203

Bulgaria End-June Debt Virtually Flat m/m

Bulgaria's gross foreign debt totaled EUR 36, 925 B at the end of June, virtually remaining flat on the month, central bank data showed.

Business » Finance | August 25, 2009, Tuesday // 15:46 | Viewed: 1180

Bad Credits in Bulgaria Up by 159% on Annual Base

The amount of the bad credits in Bulgaria has increased by 159% in July 2009 year-on-year the in July 2009.

Business » Finance | August 25, 2009, Tuesday // 14:46 | Viewed: 1554

Balanced Budget Main Challenge for Bulgaria - Think-Tank

Bulgaria's economy faces the main challenge of maintaining a balance of public finances in a state of shrinking public revenues and strong dependence on indirect taxes, according to a report of the Bulgarian economic think-tank Industry Watch.

Business » Finance | August 25, 2009, Tuesday // 14:15 | Viewed: 1123

Vienna Insurance Seeks Purchases in Poland, Hungary, Bulgaria

Vienna Insurance Group, Austria's biggest insurer and owner of Bulgaria's Bulstrad Vienna Insurance, wants to acquire life and general insurance businesses in Poland, Hungary, Germany and Bulgaria, Chief Executive Officer Guenter Geyer said.

Business » Finance | August 24, 2009, Monday // 18:28 | Viewed: 1393

Bulgaria Set to Apply for ERM 2 in November

Bulgaria will apply in November to join the exchange-rate mechanism, the European Union's two-year currency stability test before the country can drop the lev and adopt the euro, the finance minister said.

Business » Finance | August 24, 2009, Monday // 15:15 | Viewed: 1849

Bulgaria Customs Head: Sector Controlled by Four Circles

There have been four circles who have controlled the Bulgarian Customs until that moment, and they have worked organized without interrupting each others' work.

Business » Finance | August 20, 2009, Thursday // 16:30 | Viewed: 1462

Expert: Bulgaria Loses BGN 3 B Annually from Economic Crimes

Economic crimes incur annual losses of about BGN 3 B to the Bulgarian state budget, Nikolay Ivanov, a former head of Bulgaria's Financial Intelligence Agency.

Business » Finance | August 20, 2009, Thursday // 15:59 | Viewed: 1807

Bulgaria Parliament Releases Bank Governor after Resignation

The Bulgarian parliament has released Bulgaria's Central Bank Governor, Ivan Iskrov, from his position as of October 10 after he handed in his resignation early Thursday.

Business » Finance | August 20, 2009, Thursday // 10:42 | Viewed: 1356

Bulgaria Central Bank Governor Iskrov Resigns

Bulgaria's Central Bank Governor, Ivan Iskrov, has handed in his resignation, parliament speaker Tsetska Tsacheva confirmed early Thursday.

Business » Finance | August 20, 2009, Thursday // 09:26 | Viewed: 1257

Bulgaria State Goes after Telecom for Unpaid Privatization Dues

Bulgaria's Finance Ministry will hire an international legal consultant to help with the EUR 80 M in privatization dues owed by Bulgaria's Telecom.

Business » Finance | August 19, 2009, Wednesday // 18:03 | Viewed: 2286

Bulgaria Economy Committee Tackles Budget Hole

The Economy Committee at the Bulgarian Parliament convenes Wednesday to examine possibilities of collecting additional resources for the budget from unfulfilled privatization obligations.

Business » Finance | August 19, 2009, Wednesday // 10:29 | Viewed: 1547

Bulgaria Fights Tax Frauds with Mobile Squads

Bulgaria's State Reveniew Agency will create mobile teams for fight with value added tax (VAT) Frauds.

Business » Finance | August 16, 2009, Sunday // 15:30 | Viewed: 1431

Experts: Bulgaria to Go Bankrupt if Budget Deficit Remains over BGN 0,5 B

If the budget deficit remains at levels over BGN 500 M in the next few month Bulgaria will simply go bankrupt.

Business » Finance | August 14, 2009, Friday // 16:39 | Viewed: 1752

Bulgaria Sees Record Monthly Budget Deficit in July 2009

Bulgaria sees a record monthly budget deficit of BGN 556,1 M in July which is a precedent in the January-July period since 1998.

Business » Finance | August 14, 2009, Friday // 16:09 | Viewed: 1208

Bulgaria's Foreign Investments Drop by 50% in First Half of 2009

Bulgaria's foreign direct investments (FDI) have declined substantially in the first half of 2009 compared to the same period of 2008.

Business » Finance | August 13, 2009, Thursday // 18:09 | Viewed: 1879

Bulgaria's Current Account Deficit Drops Sharply Thanks to Crisis

Bulgaria's current account deficit for June 2009 was only EUR 122 M, according to data of the Bulgarian National Bank released Thursday.

Business » Finance | August 13, 2009, Thursday // 17:59 | Viewed: 2142

Bulgaria Former Finance Minister: I Can't Account for July Deficit

Bulgaria's former Finance Minister, Plamen Oresharski, said Thursday that the former government could not account for the emergence of a budget deficit in July.

Business » Finance | August 13, 2009, Thursday // 16:40 | Viewed: 1646

Bulgaria Finance Minister: Stanishev Didn't Tell Truth about Budget

The claims of the former Bulgarian Prime Minister, Sergey Stanishev, that there was a budget surplus when he left office, are untrue.

Business » Finance | August 13, 2009, Thursday // 15:15 | Viewed: 1550

Bulgaria Revenue Agency to Strictly Control VAT Returning

The Bulgarian State Revenue Agency (NAP) will control more strictly the returning of the Value Added Tax (VAT) to companies.

Business » Finance | August 13, 2009, Thursday // 15:15 | Viewed: 1436

Bulgaria New, Former Finance Ministers to Settle Deficit Controversy

Bulgaria's former Finance Minister, Plamen Oresharski, has accepted the invitation of his successor Simeon Djankov, and PM Borisov for a meeting.

Business » Finance | August 12, 2009, Wednesday // 15:00 | Viewed: 1076
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