The former chief of the Monetary fund Martin Zaimov claimed for money.bg that it was possible the world financial problems to lead to slowing of the economy, but he did not accept the option for a possible financial crisis in Bulgaria. According to Zaimov, the banks could have problems with profitability. Maritn Zaimov explained that in fact the economic power is already in the private sector and not in Bulgarian national bank. още »

Bulgarian banks have reported 1 billion levs profit for the first 8 months of the year. This was announced by the manager of Bulgarian National Bank (BNB) Ivan Iskrov for BNR (Bulgarian National Radio).The manager of the central bank surmised that by the end of the year the profit will reach 1,5 billion levs."The behavior of our banks shows that this will probably not be distributed as a dividend", the manager of BNB announced. още »

Sofia municipality will increase its capital in "Toplofikatsiya" - Sofia with up to 50 million levs. This was announced by the Chair of the Commission on agriculture policy of the Sofia municipal council Danail Kirilov, cited by BNR (Bulgarian National Radio).At the moment the official capital of the company is 107 million levs, as 58% belong to the municipality, while the other 42% - to the Ministry of Economy. още »

The construction of the highways “Struma” and “Maritsa” as well as the intermodal terminal in Sofia will start in 2009. This said Nelly Yordanova, head of the FP “Transport” in the Bulgarian transport ministry during the institution's Day of open doors, informed Darik radio.The construction of “Struma” highway is the most expensive project funded under the European program. още »

The total turnover of the Bulgarian stock exchange for the last 12 months (October 2007 - September 2008) amounts to 4.48 billion levs, according to data from Profit.bg. There were transactions for over 500 million levs in November, while a turnover of 480 and 420 million was reported in October 2007 and January 2008.The highest turnover was reported for December 2007, when securities for 1. още »

The leading index of Bulgarian stock exchange (BSE) sunk to under 700 points today after the shares of the leading companies highly depreciated. The drops are fact in a turnover of 1,5 million levs (750 000 EUR).The next psychological limit was broken after an hour and half of negative trade, during which sudden reductions were observed on the liquid positions. още »

Construction is among the fields, in which financial violations are most often committed and most income from sanctions go in the budget. This was announced by Nikolay Nakov - director of operative control in the National income agency (NAP), cited by BNR.He pointed out that the most often committed violation is misrepresentation of turnover in construction warehouses, where no receipts are issued. още »

5 billion euro will be granted to the Bulgarian farmers for a period 2007-2013, said the Bulgarian prime minister Sergei Stanishev at the opening of the information campaign under the Program for rural development 2007-2013. Sergei Stanishev claimed that 2 billion euro are direct subsidies for the Bulgarian farmers and over 3 billion euro will be received through the Program for rural development. още »

The results of the financial crisis in the USA will be restricted and will not have a direct effect on bank systems in Southeastern Europe. This was the position of central bankers from Serbia, Romania, Bulgaria, Monte Negro, Macedonia, Cyprus, Albania, Greece and Bosnia and Herzegovina after their third meeting in Sofia.There are no investment banks in the region, only commercial ones, the manager of Bulgarian National Bank Ivan Iskrov pointed out. още »