Business » Finance

Bulgaria Parliamentary Body Thrashes Out Budget Draft 2011

Bulgaria's parliamentary budget committee will vote at second reading the country's budget draft for next year, two weeks after it was approved by the MPs.

Business » Finance | November 25, 2010, Thursday // 10:02 | Viewed: 2134

Postbank Stages Campaign to Revive Crosswalks in Bulgaria

Postbank - legally registered as Eurobank EFG Bulgaria – has initiated a campaign for the rehabilitation of pedestrian crossings in Bulgaria.

Business » Finance | November 24, 2010, Wednesday // 16:13 | Viewed: 4922

Bulgaria's October Corporate Default Loans Up 122% Y/Y

The share of Bulgaria's corporate default loans has reached nearly 19% in October without taking into account the overdrafts, according to Central Bank data.

Business » Finance | November 23, 2010, Tuesday // 16:03 | Viewed: 2192

Djankov for CNN: Eurozone Needs Countries Like Bulgaria

Bulgaria's finance minister has confirmed the government's revamped euro bid plans, saying in an interview for CNN that the eurozone needs countries with tight fiscal policies like Bulgaria.

Business » Finance | November 23, 2010, Tuesday // 15:47 | Viewed: 3583

Germany Plays Down Contagion Fears after Irish Bail-Out

German finance minister has sought to assuage contagion fears that Ireland's problems might spread to other euro zone members with large budget deficits.

Business » Finance | November 22, 2010, Monday // 11:49 | Viewed: 3887

Doomsayers: Portugal is Next in Line after Irish Bail-Out

Following EU agreement on a bail-out package for Ireland, analysts in Europe and the United States have voiced fears that the country's problems might spread to other euro zone members with large budget deficits such as Spain and Portugal.

Business » Finance | November 22, 2010, Monday // 10:43 | Viewed: 3284

Ireland Stays in Bulgaria-Led Club of Low Corporate Taxes, Ups Income Levy

Ireland will not raise its corporate tax rate, one of the lowest in Europe following Bulgaria and Cyprus, in return for a European Union-led bail-out, but will increase its income tax, the country's finance minister has announced.

Business » Finance | November 22, 2010, Monday // 08:27 | Viewed: 10049

Olli Rehn: Irish Bail-Out Ensures Eurozone Stability

EU Finance Commissioner Olli Rehn has welcomed the news about the agreed assistance for Ireland, saying this would help preserve the stability of the eurozone - the group of 16 nations using the euro as their common currency.

Business » Finance | November 22, 2010, Monday // 08:02 | Viewed: 2661

EU, IMF Agree on 'EUR 80-90 B' Irish Bail-Out

European and IMF officials have agreed on Sunday to help bail out Ireland with loans to tackle its banking and budget crisis, stabilize financial markets and prevent loss of confidence in other euro zone members, notably Portugal and Spain.

Business » Finance | November 22, 2010, Monday // 07:33 | Viewed: 2411

Ireland Firm to Stay in Bulgaria-Led League of Low Corporate Tax

Ireland will not be forced to raise its corporate tax rate, one of the lowest in Europe following Bulgaria and Cyprus, in return for a European Union-led bail-out, the country's finance minister has assured.

Business » Finance | November 21, 2010, Sunday // 16:37 | Viewed: 2311

Ireland Confirms Formal Bail-Out Request

The Republic of Ireland's finance minister has recommended that his country makes a formal application for aid to shore up its finances.

Business » Finance | November 21, 2010, Sunday // 16:13 | Viewed: 2011

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: 2354

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: 2059

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: 1794

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: 2464

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: 2373

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: 2273

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: 2210

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: 2426

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: 2059

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: 2626
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