Financial
IMF Mission to Visit Sofia May 10-20
A mission of the International Monetary Fund will visit Bulgaria's capital Sofia during the period May 10-20, 2011 to hold regular bilateral discussions on economic polic...
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Financial News from Bulgaria
Bulgarian Financial News: Financial stories for investors from InvestBulgaria, with an archive going back to 2010.
Financial
Financial
Bulgarian Govt Sector Deficit Reaches 3.2% of GDP 2010
Bulgaria's General Government Sector reported in 2010 a government deficit of BGN 2 269,2 M or 3,2 % of GDP, according to National Statistical Institute's preliminary dat...
Financial
Bulgarian Govt Predicts Greater FDI, Domestic Consumption Starting 2011
Bulgaria’s Finance Ministry has unveiled a set of moderately optimistic projections for the financial and economic development of the country in 2011, and in the 2012-201...
Financial
Bulgaria Fit to Join Euro Zone - Deputy Finance Minister
Bulgaria's government has assured fiscal indicators look good in terms of euro-adoption criteria, although entry into the euro zone is no longer dubbed top priority. "Our...
Financial
Bulgaria's Finance Ministry Boasts Miniature Budget Surplus in March
Bulgaria registered a miniature budget surplus in March after substantial deficits in the first two months of the year, according to preliminary data of the Finance Minis...
Financial
Bulgarian Govt Plans to Bring Deficit Down to 0.5% by 2014
Bulgaria's Cabinet has approved its budget forecast for 2012-2014 which stipulates a gradual reduction of the budget deficit while ruling out tax increases. According to...
Financial
IMF Outlook: Bulgarian Economy to Grow 3% in 2011
Bulgaria's economy will grow 3% in 2011, according to the biennial World Economic Outlook report released by the International Monetary Fund Monday. Thus, the IMF forecas...
Financial
Moody's Reviews Bulgaria Ratings For Possible Upgrade
Moody's Investors Service said on Tuesday it has placed Bulgaria's Baa3 government rating on review for possible upgrade, reflecting its healthy government finances and o...
Financial
Bulgarian FinMin Stresses Fiscal Discipline at Harvard, Promotes Own Brainchild
Strict rules ensuring financial stability do not limit politicians but discipline them, Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, said during...
Financial
Bulgaria Starts 2010 with Monthly Deficit of BGN 477 M
Bulgaria registered a monthly budget deficit of BGN 477.3 M on cash basis in January 2011, according to latest data of the Finance Ministry. The monthly deficit was forme...
Financial
Major International Banks to Enter Bulgarian Market
Major international banks have submitted notifications of intent to work in Bulgaria to the Bulgarian National Bank. A total of 190 credit institutions have expressed int...
Financial
Bulgaria Writes Off 77% of Zimbabwe's Debt
Bulgaria's government decided on Wednesday to waive USD 6.3 M or 77% of Zimbabwean debt, which has not been serviced in the past 20 years. The remainder of Zimbabwe's deb...
Financial
Bulgarian FinMin Focuses on 'Financial Stability Pact', Leaves Euro Bid Aside
Bulgaria's Finance Minister Simeon Djankov plans to dedicate all of his efforts to the passing of Constitution amendment guaranteeing stable state finances, known as the...
Financial
World Bank Vows Support for Bulgarian Infrastructure
The World Bank will continue to support the development of Bulgaria's infrastructure, its Director for Central Europe and the Baltic countries, Peter Harrold, stated in S...
Financial
Bulgaria Sees 2.1% y/y GDP Growth 4th Quarter 2010
Bulgaria's GDP growth rate in the fourth quarter of 2010 is 2,1%, year on year and 1,7% compared to the previous quarter, according to the National Statistical Institute'...
Financial
Bulgaria Registers 4.5% Inflation y/y January 2011
Bulgaria's year on year January inflation has been 4.5%, according to the National Statistical Institute's preliminary data. The inflation in Bulgaria has grown with 0.6%...
Financial
ECOFIN: Bulgaria Needs No Further Steps to Curb 'Excessive Deficit'
EU's Economic and Financial Affairs Council (ECOFIN) has confirmed the decision of the European Commission to terminate the excessive deficit procedure against Bulgaria....
Financial
Bulgaria Registers BGN 669 Average Salary 4Q 2010
During the fourth quarter of 2010, the average monthly salary in Bulgaria went up by 4.9% compared to the third quarter, to reach BGN 669. The data was released Friday by...
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