Business » Finance

Council of Europe Dev Bank Oks EUR 25 M for Bulgaria's SMEs

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.

Business » Finance | November 21, 2010, Sunday // 15:37 | Viewed: 2341

Bulgaria's FinMin: Companies Owe BGN 1,8 B to Revenue Agency

Bulgarian companies owe BGN 1,8 B to the National Revenue Agency, Finance Minister, Simeon Djankov, has announced.

Business » Finance | November 20, 2010, Saturday // 16:03 | Viewed: 2055

Ireland Rules Out Corporate Tax Hike

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.

Business » Finance | November 19, 2010, Friday // 14:45 | Viewed: 1781

Ireland 'May Quit' Bulgaria-Led EU League of Low Corporate Taxes

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.

Business » Finance | November 19, 2010, Friday // 13:29 | Viewed: 2448

Banks in Bulgaria to Manage EU Funds for Business

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.

Business » Finance | November 18, 2010, Thursday // 20:51 | Viewed: 2369

Bulgarian Parliament Adopts Retirement Requirements

Bulgarian Parliament adopted on first reading the much debated amendments to the Social Insurance Code, which will enter into force on January 1, 2011.

Business » Finance | November 18, 2010, Thursday // 20:11 | Viewed: 2268

World Bank: Bulgaria Set for Modest Growth

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.

Business » Finance | November 18, 2010, Thursday // 15:12 | Viewed: 2207

RBS: Bulgaria Govt Growth Estimates for 2011 Too Ambitious

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.

Business » Finance | November 18, 2010, Thursday // 13:27 | Viewed: 2424

Bulgaria FinMin Lets the Cat Out of the Bag over Irish Bail-Out

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.

Business » Finance | November 18, 2010, Thursday // 12:36 | Viewed: 2048

Bulgaria Revamps Euro Bid Plans, Eyes H2 11 for ERM II

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.

Business » Finance | November 17, 2010, Wednesday // 18:19 | Viewed: 2618

Bulgarian Parliament Rejects Tax-Free Thresholds for 2011

Bulgarian Parliament rejected the idea for tax-free threshold in 2011 during the discussions on tax laws on Wednesday.

Business » Finance | November 17, 2010, Wednesday // 12:18 | Viewed: 2969

Bulgarian Banks Required to Notify for Increased Interest Rates

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.

Business » Finance | November 17, 2010, Wednesday // 09:30 | Viewed: 1861

Bulgaria FinMin Preaches Stability, Rules out IMF Bailout Talks

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.

Business » Finance | November 16, 2010, Tuesday // 15:47 | Viewed: 1845

Bulgaria's Interest Rate Highest in EU's Non-Eurozone

Bulgaria has the highest interest rate among all EU member states which are yet to introduce the Euro.

Business » Finance | November 15, 2010, Monday // 12:11 | Viewed: 3187

Bulgaria GDP Expands by 0.2% in Q3 y/y

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.

Business » Finance | November 12, 2010, Friday // 11:56 | Viewed: 1555

Bulgarian Central Bank: Bankruptcy Fears Are Groundless

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.

Business » Finance | November 11, 2010, Thursday // 18:23 | Viewed: 7052

Bulgaria's Rulers Project GDP of EUR 39 B in 2011

Bulgaria's 2011 state budget has been adopted on first reading with the votes of the ruling party GERB and the nationalist party Ataka.

Business » Finance | November 11, 2010, Thursday // 16:41 | Viewed: 2058

Bulgarian Finance Ministry Denies Talks on IMF Loan

The Bulgarian Finance Ministry confirmed Thursday the country is in no need of assistance and financing from the International Monetary Fund (IMF).

Business » Finance | November 11, 2010, Thursday // 15:16 | Viewed: 2629

Bulgaria Parliament Votes on Budget Draft 2011

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.

Business » Finance | November 11, 2010, Thursday // 07:50 | Viewed: 1422

Bulgaria GDP Set to Grow Slightly in Q3 - Analysts

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.

Business » Finance | November 10, 2010, Wednesday // 18:10 | Viewed: 1751

Bulgarian Govt Raises BGN 160 M from State Bonds

Bulgaria's government has raised a total of BGN 162 M from its latest sale of state bonds.

Business » Finance | November 8, 2010, Monday // 19:22 | Viewed: 1763
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria