Macedonia offers olive branch to Bulgaria
Under pressure from Brussels on the name issue dispute with Greece, Skopje seeks to re-build relationship with with Sofia.
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Bulgarian MPs resurrect proposal to raise spirits excise
Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.
Back to the future
Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector
Macro: Fiscal reservations
Every Bulgarian, it is sometimes said, is an expert in matters of finance and knows how to fix the economy.
Renewed bank re-assurances for Romania despite stalled bailout-mandated reforms
The IMF has withdrawn its mission, which was due to assess Romania's compliance with the terms of the bailout, and now expects Romania to miss the fiscal deficit target set by the bailout agreement.
Bulgarian telecom Spectrum Net acquires local peer Orbitel
The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.
Bulgaria Finance Ministry refutes reported fiscal reserve plan
Bulgaria's Finance Ministry said on November 16 that a Financial Times report about the Cabinet's intention to deposit fiscal reserve funds in commercial banks was erroneous.
Bulgaria to deposit portion of fiscal reserve with banks - report
About one billion leva, or 12 per cent of the fiscal reserve, would be deposited with Bulgarian units of foreign-owned banks, Finance Minister Simeon Dyankov told Financial Times.
Bulgaria recession deepens to 5.8% in Q3 - official estimate
Bulgaria's economy shrank by a real 5.8 per cent year-on-year in the third quarter of 2009 and 4.8 per cent year-on-year for the first nine months of the year
Man of war
As presidential elections in Romania draw nearer, president Traian Basescu is happy to see the political deadlock continue
Mobile operator Mobiltel reports 11.9% drop in revenues Q3
The drop was "mainly due to lower subscription and traffic revenues as well as lower revenues for roaming and interconnection" following regulatory changes, parent company Telekom Austria said.
Bulgaria CPI up by 0.1% in October
Bulgaria's consumer price index (CPI) increased by 0.1 per cent in October, the first rise in six months, National Statistical Institute data showed on November 12.
Bulgarian think-tank's alternative Budget proposes more sweeping reforms, spending cuts
Bulgaria's public administration was too big and inefficient, creating obstacles in the way of economic growth, job creation and general prosperity, think-tank says.
Former state railways executive indicted in mismanagement case
Monov, who was sacked from BDZ in October, is accused of deliberately signing a deal that caused 10 million euro in damages to state coffers.
By the numbers
The new Cabinet’s first Budget bill is much-scaled back compared to the bloated 2009 Budget
Looking back in anger
Government’s ‘difficult inheritance’ dominates Boiko Borissov’s discourse on reaching 100 days mark
Plotting the course
After 100 days in office, Finance Minister Simeon Dyankov pinpoints 10 key issues for Cabinet in ‘the next 100 days’
Macro: Living in the past
Inasmuch as some Bulgarian officials are concerned, the credit crunch and the economic recession might as well have never happened.
Magic worlds
Tucked away in one of the dingy dead-ends just off Slaveikov Square in Sofia, Magic Worlds is overshadowed both by the shiny glass displays on Graf Ignatiev Boulevard and the Luciano pub right next door.
Bulgaria Finance Minister outlines Cabinet priorities for 'next 100 days'
One hundred days into the term of Boiko Borissov's Cabinet, Deputy Prime Minister and Finance Minister Simeon Dyankov pinpointed 10 areas that the Government would focus on in "the next 100 days".
Bulgarian PM defends Cabinet's record after 100 days in office
Prime Minister Boiko Borissov praises Cabinet's early achievements, spares no criticism for predecessors.
EBRD: Eastern Europe better off despite crisis
Further financial integration crucial for Eastern Europe's, despite the role of closer ties in current crisis, lender says
Bulgaria Finance Minister alleges secret fiscal reserve deal
Secret agreement between Finance Ministry and central bank put the country's reserve at risk, Finance Minister says.
Fitch Ratings forecasts slow growth for Bulgaria's economy in 2010
After shrinking by 5.5 per cent this year, Bulgaria's economy will rebound to post 0.5 per cent growth in 2010 and 3.5 per cent in 2011, Fitch says.
Archaeology’s losing fight
Bulgaria’s Cultural Heritage Act, meant to finally replace a four-decades-old law, proved to be a compromise that satisfied no one
EC pursues infringement procedures against Bulgaria in law firms dispute
European Commission says Bulgaria's regulations infringe on free movement of services provided by lawyers and law firms
Moldova offered $588M IMF lifeline
The International Monetary Fund (IMF) said on October 28 that it reached a "staff-level agreement" to lend Moldova the equivalent of $588 million over a period of three years.
Russia's Rosatom still interested in Belene - report
Russian corporation unfazed by RWE's decision to pull out of Belene and the expected 12 to 18 months delay in the project, Vedomosti daily says.
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