Business » Finance

World Bank Head Zoellick: World Economy Is still Shaky

The world economy is still in a precarious position despite signs of recovery.

Business » Finance | July 3, 2009, Friday // 11:59 | Viewed: 1559

All Bulgaria Private Pension Funds with Profit

All Bulgarian private pension funds showed positive results in the first six months of 2009.

Business » Finance | July 3, 2009, Friday // 11:40 | Viewed: 1450

Bulgaria with May Deficit, Budget Surplus Declines

Bulgaria registered a deficit of BGN 119,6 in May 2009, and its surplus declined to BGN 555,4 M, according to the latest Finance Ministry data.

Business » Finance | July 2, 2009, Thursday // 10:59 | Viewed: 1376

Finance Minister Oresharski: Bulgaria Needs No IMF Bailout Aid

Bulgaria does not need a bailout aid agreement with the International Monetary Fund, according to the outgoing Minister of Finance, Plamen Oresharski.

Business » Finance | July 1, 2009, Wednesday // 19:27 | Viewed: 1467

Bulgaria Base Interest Rate Record Low

The Bulgarian National Bank determined a record low 2,24% base interest rate for July 2009.

Business » Finance | July 1, 2009, Wednesday // 14:35 | Viewed: 1357

Bulgaria Needs EUR 16,5 B for Infrastructure Projects

Bulgaria needs EUR 16,5 B for completing or modernizing its infrastructure.

Business » Finance | June 30, 2009, Tuesday // 17:24 | Viewed: 2411

Turkey Economy Collapses by 13,8% in Q1 2009 Y/Y

Turkey's economy shrank by 13,8% in the first quarter of 2009 year-on-year as foreign trade contracted sharply amid the global recession.

Business » Finance | June 30, 2009, Tuesday // 16:26 | Viewed: 1837

Bulgaria Banks Give 16% more Credits in May Y/Y

Bulgarian banks gave 16% more credit in May 2009 year-on-year.

Business » Finance | June 30, 2009, Tuesday // 13:34 | Viewed: 1548

IMF Renounces Bulgaria Loan Application News

Bulgaria has not turned to the International Monetary Fund for a loan to help it cope with the effects of the global financial crisis.

Business » Finance | June 30, 2009, Tuesday // 10:18 | Viewed: 1553

Raiffeisen Economist: Bulgaria Discusses Bailout Aid with IMF

Bulgaria is having informal discussions with the International Monetary Fund over the growing negative effects of the global financial crisis.

Business » Finance | June 29, 2009, Monday // 14:24 | Viewed: 1513

Bulgaria Credit Interest Rates Without Decrease until End of 2009

The interest rates of bank credits in Bulgaria will not decreased until the end of 2009.

Business » Finance | June 28, 2009, Sunday // 11:16 | Viewed: 2986

Bulgaria, IMF Deal to Come with "Stigma Attached"

Politicians, who call for an urgent deal with the International Monetary Fund, should not forget that if a healthy country asks IMF for help, then the market decides that the condition of the country is much worse than they thought before.

Business » Finance | June 24, 2009, Wednesday // 15:26 | Viewed: 1332

Bulgaria Foreign Debt Stands at EUR 36.6 B End-April

Bulgaria's gross foreign debt totaled EUR 36.6 B at the end of April, marking an increase by EUR 127 M on the month, central bank data showed.

Business » Finance | June 24, 2009, Wednesday // 12:22 | Viewed: 1469

EC Warns Bulgaria over Continuing Recession

Recession in Bulgaria will continue in 2009 and 2010, the EC report on Public Finances in the EU forecasts.

Business » Finance | June 24, 2009, Wednesday // 10:24 | Viewed: 1657

Fitch Ups Support Rating of Bulgaria's First Investment Bank

The international credit rating agency Fitch has increased the support rating of Bulgaria's First Investment Bank (FIB) from 5 to 3.

Business » Finance | June 23, 2009, Tuesday // 19:52 | Viewed: 2421

Bulgaria Ruling Socialists Say No Need for IMF Deal

The Bulgarian Socialists, who lead the three-way government, has taken a stance against the call of the opposition rightist GERB party, tipped to win a July 5 parliamentary election, for an urgent deal with the International Monetary Fund (IMF).

Business » Finance | June 22, 2009, Monday // 15:33 | Viewed: 1382

PM Says Bulgaria in Touch with IMF on Loan

Bulgaria is in close contact with the International Monetary Fund on a possible emergency funding deal, but any major policy decisions are likely to wait until after the July 5 general election, Bulgarian prime minister said in an interview with Dow Jones

Business » Finance | June 21, 2009, Sunday // 08:00 | Viewed: 1225

GERB Leader: Bulgaria Needs Urgent IMF Agreement

The leader of Bulgaria's center-right opposition party, which is expected to win the upcoming general elections, has called for the immediate signing of an agreement with the International Monetary Fund (IMF) in a bid to secure financial stability.

Business » Finance | June 17, 2009, Wednesday // 14:34 | Viewed: 1321

Bulgaria Current Account Deficit Shrinks Further

Bulgaria's current account deficit continued to shrink during the first four months of the year and stood at EUR 1,069 B or 5% of GDP at the end of April 2009 year-upon-year, data showed on Friday.

Business » Finance | June 17, 2009, Wednesday // 13:01 | Viewed: 2189

EIU: Bulgaria to Ask IMF, EU for Aid

Given Bulgaria's large external debt and current-account deficit, the Economist Intelligence Unit (EIU) has assumed that the country will require some financial assistance from the IMF and the EU.

Business » Finance | June 17, 2009, Wednesday // 09:58 | Viewed: 1325

World Not over Worst of Recession - EBRD Economist

The global economy is not over the worst of the recession, Erik Berglof, chief economist at the European Bank for Reconstruction and Development, said.

Business » Finance | June 16, 2009, Tuesday // 12:29 | Viewed: 1755
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