The Administrative Council of the Council of Europe Development Bank has approved two projects in Bulgaria, aimed at providing financing for SMEs in order to promote job creation and growth.
Bulgarian companies owe BGN 1,8 B to the National Revenue Agency, Finance Minister, Simeon Djankov, has announced.
The Irish government has denied speculations that it will raise the country's low corporate tax under pressure from France and Germany and in return for a European Union-led bail-out.
Ireland may be forced to raise the country's corporate tax rate, one of the lowest in Europe after Bulgaria and Cyprus, in return for a European Union-led bail-out, analysts say.
Next year, banks in Bulgaria will take over the management of EU funds for the business, Bulgaria's Minister on EU Funds, Tomislav Donchev, has announced.
Bulgarian Parliament adopted on first reading the much debated amendments to the Social Insurance Code, which will enter into force on January 1, 2011.
Growth in Bulgaria, the Czech Republic, Hungary, and Slovenia is likely to be modest in 2010, ranging from 0 to 2.0%, as domestic demand remains weak, according to the estimates of the World Bank.
The Royal Bank of Scotland Group has criticized the Bulgarian government's budget plans for 2011, saying they are over-optimistic, particularly on the revenue side.
Eurozone finance ministers will come up with a deal on a bailout package for Ireland next week, Bulgaria's finance minister surprisingly announced even though the cash-strapped country has shied away from asking for help.
Bulgaria's center-right government has revived its plans to apply to join the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, after it was forced to drop the euro bid in April this year over a larger than expected 2009 deficit.
Bulgarian Parliament rejected the idea for tax-free threshold in 2011 during the discussions on tax laws on Wednesday.
Bulgarian Parliament has adopted changes to the Law on Credit Institutions, which oblige banks to inform customers of any significant movements in interest rates on their accounts or expenses if they are in credit.
Bulgaria's finance minister has assured that the country will have no need to hold talks with the International Monetary Fund over a bailout loan for its ailing economy to bottom out of the crisis.
Bulgaria has the highest interest rate among all EU member states which are yet to introduce the Euro.
Bulgaria's gross domestic product marked a slight increase of 0.2% in the third quarter on an annual basis after adjusting to seasonal variations, the statistics institute flash estimate showed on Friday, well below analysts' forecasts.
Bulgaria's Central Bank (BNB) issued Thursday an official statement condemning earlier talk in the Parliament about the bank system as the next attempt of destabilizing country's finances for the sake of politics.
Bulgaria's 2011 state budget has been adopted on first reading with the votes of the ruling party GERB and the nationalist party Ataka.
The Bulgarian Finance Ministry confirmed Thursday the country is in no need of assistance and financing from the International Monetary Fund (IMF).
Bulgaria's parliament will vote at first reading the country's budget draft for next year, which Finance Minister Simeon Djankov handed to parliamentary speaker Tsetska Tsacheva on October 1.
Bulgaria's gross domestic product is expected to mark a slight increase in the third quarter this year, analysts say days before the statistics institute issues its flash estimate.
Bulgaria's government has raised a total of BGN 162 M from its latest sale of state bonds.
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