Business » Finance

Bulgaria, Macedonia Bourses Agree to Exchange Trading Data

The heads of the Bulgarian and Macedonian bourses signed on Monday an agreement on the exchange of stock market trading data in a bid to make them more attractive to foreign partners.

Business » Finance | September 27, 2010, Monday // 15:59 | Viewed: 2270

Deep Rift in Bulgarian Socialist Party over Flat Tax

The Bulgarian Socialist Party adopted a controversial decision to go for the abolition of the flat tax rates after many of its leaders left Saturday's plenum in protest.

Business » Finance | September 25, 2010, Saturday // 17:56 | Viewed: 2841

Bulgarian Socialists Invoke Alice in Wonderland in Flat Tax Debate

Bulgaria's opposition Socialists have fallen out in bitter debate over a draft document proposing the elimination of the flat income and corporate tax rates.

Business » Finance | September 25, 2010, Saturday // 15:33 | Viewed: 2403

Bulgarian Socialists Take Course to Abolish Flat Tax

Bulgaria's largest opposition party BSP is in favor of abolishing the 10% flat tax rate that its own government introduced in 2008.

Business » Finance | September 25, 2010, Saturday // 13:46 | Viewed: 3060

Bulgaria Stock Exchange Former CEO Cries Foul over Its 'Nationalization'

The founder and former CEO of the Bulgarian Stock Exchange has harshly criticized the government for increasing its share to over 50%, saying it is effectively nationalizing the bourse at a knock-down price.

Business » Finance | September 24, 2010, Friday // 09:53 | Viewed: 3039

Bulgaria Plans to Issue Bonds Worth EUR 1 B in 2011

Bulgaria is planning to sell bonds amounting to EUR 1 B on the international market in 2011 to shore up its finances, according to a finance ministry draft paper, cited by local media.

Business » Finance | September 23, 2010, Thursday // 12:50 | Viewed: 1949

IMF Mission Starts Visit to Bulgaria with New Head

A mission of the International Monetary Fund will visit Sofia during September 23 - October 4, 2010 to hold regular bilateral discussions on economic policies with the Bulgarian authorities.

Business » Finance | September 23, 2010, Thursday // 08:11 | Viewed: 2248

August Turnover in Bulgaria Up BGN 1 B Y/Y

Turnover in Bulgaria is up BGN 1 B in August 2010, compared to the same month in 2009, data of the National Revenue Agency (NRA) shows.

Business » Finance | September 22, 2010, Wednesday // 12:44 | Viewed: 2298

Bulgarian Right Wing: GERB Follows Communist Trends

The Bulgarian right-wing leader, Martin Dimitrov, warned Tuesday the 2011 budget deficit would again end up being over 3%, similarly to 2010.

Business » Finance | September 21, 2010, Tuesday // 16:58 | Viewed: 2295

Bulgarian State Plans to Borrow to Offset Deficit 2011

The draft state budget for 2011 previews loans amounting to some EUR 2 B and increase national debt from EUR 4.8 B to EUR 7 B.

Business » Finance | September 21, 2010, Tuesday // 09:47 | Viewed: 2273

Bulgaria Faces Loss of BGN Billions over Cigarette Contraband

The consumption of cigarettes, manufactured in Bulgaria or legally imported is down two times, according to the Chair of the nationalist VMRO-NIE party, Petko Atanasov.

Business » Finance | September 19, 2010, Sunday // 13:51 | Viewed: 2646

EBRD Head: Tough Going for Crisis-Hit Bulgaria, Romania

East European growth rates will remain subdued in coming quarters as the recovery in the US and the euro region is losing steam, European Bank for Reconstruction and Development President Thomas Mirow said.

Business » Finance | September 18, 2010, Saturday // 12:03 | Viewed: 3251

IMF Mission to Visit Sofia End of September

A mission of the International Monetary Fund will visit Sofia during September 23 – October 4, 2010 to hold regular bilateral discussions on economic policies with the Bulgarian authorities, the fund announced.

Business » Finance | September 17, 2010, Friday // 12:25 | Viewed: 2048

Expenses for Employment in Bulgaria Up by 8,2% Q2

Bulgarian employers' expenses for employment have increased by 8,2% in the second quarter of 2010 in comparison to the same period last year, statistics showed.

Business » Finance | September 17, 2010, Friday // 12:14 | Viewed: 2157

9 Banks in Bulgaria to Refinance Loans for Agriculture Machinery

Nine commercial banks will participate in a scheme for refinancing of credits for the purchase of agricultural machinery, which will begin operating from September 20, the Bulgarian Agriculture Fund announced.

Business » Finance | September 16, 2010, Thursday // 17:36 | Viewed: 2553

Bulgaria's Treasury Expects to Gain BGN 3 M from Musicians

The Bulgarian National Revenue Agency has announced it will collect about BGN 3 M after 12 checks of 24 popular musicians.

Business » Finance | September 16, 2010, Thursday // 16:16 | Viewed: 2202

2011 Budget Freezes Bulgarian Wages, Pensions

The Bulgarian State expenses for health care and social benefits would keep their 2010 levels in 2011, according to the 2011 budget draft.

Business » Finance | September 16, 2010, Thursday // 14:57 | Viewed: 2230

Bulgaria Confirms to Eye Investor for Stock Exchange

The increase of the Bulgarian government's share in the country's only stock exchange will lead to the sale of its majority stake to an industry investor, the bourse's executive director has admitted, confirming recent speculations.

Business » Finance | September 16, 2010, Thursday // 13:43 | Viewed: 2515

Bulgaria Eyes 2.5% Budget Deficit for 2011

Bulgaria aims to have a budget deficit of 2.5% of gross domestic product and a growth of 3.6% in 2011, according to a budget draft, cited by reports.

Business » Finance | September 15, 2010, Wednesday // 20:08 | Viewed: 1949

Bulgaria's Revenue Agency to Sell Seized Properties

The Bulgarian National Revenue Agency (NAP) has announced tenders in some cities for properties that have been seized.

Business » Finance | September 15, 2010, Wednesday // 16:36 | Viewed: 2540

Bulgaria Said to Eye Foreign Partners for Stock Exchange

The increase of Bulgaria's government share in the country's only stock exchange is a step for its reprivatization, probably selling the stake to an international exchange group, insiders say.

Business » Finance | September 14, 2010, Tuesday // 08:51 | Viewed: 1839
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