Gratuitous financial aid for the amount of 65 million levs will be given to small and medium business, the Economy Ministry announced. The first contracts with beneficiaries of this aid were signed today.Up to now 115 contracts for the amount of 40 315 129 levs have been signed according to the procedure "Technological modernization in companies".177 contracts have been signed on the procedure "Covering of internationally accepted standards" for gratuitous financial aid for a total of 8 068 994 levs. още »

Over 81% of Bulgarian banks are a property of stable European treasuries, who have no direct investments in the mortgage market in the USA and have not incurred losses. This was announced by the manager of Bulgarian National Bank Ivan Iskrov.According to him the mother-banks have continued to give financial resources to their Bulgarian branches. The Bulgarian banks have high credit standards, Iskrov pointed out. още »

Unemployment in Bulgaria decreased to 5.8% in August, the Employment Agency announced. In July the level of unemployment was 5.9%.The Social Minister Emilia Maslarova said that in 2009 the level of unemployment will be 5.6%.The Bulgarian government set a goal that unemployment to be lower than 7% in 2008. Several years in a row unemployment in Bulgaria has been decreasing. още »

The trade at the Bulgarian stock exchange on Thursday started discouragingly. After the initial decrease the indexes regenerated a little. Despite that SOFIX remains a step away from the 800 points, BG-40 is under 200 points. BGTR30 and BGREIT are also decreasing. The turnover is a little under 2 million levs.The most cleared positions are those of Himimport and Eurohold Bulgaria. още »

The rearrangement of the layers of the financial markets on one chain has an effect on the Bulgarian banker. For Bulgaria the short term effect will be not so much the sharp increase of interest rates, but difficulties in the receiving of bank credit. This was announced by Alexander Bojkov, who is a co-chair of the Center for economic development, in the Darik programme "Who is speaking". още »

Bulgaria takes the third position on salary growth for the second quarter of the year among the countries in the European Union, according to data by Eurostat, cited by Profit.bg. In Bulgaria the average work salary increases by 5.4% in the second quarter up to 510 levs per month (261 Euro), according to data from the National statistics institute (NSI). още »

Bulgaria is among the countries with highest inflation in the EU, a research conducted by Eurostat shows. Money devaluate at a rate of 11.8%, calculated in August, Bulgaria takes the third place, as higher levels are registered only in Lithuania and Latvia - respectively 12.2 and 15.6 percent.The average value for the 27 countries in the European Union for the same period is 4. още »

Bulgaria takes the 68th place in the world on economic freedom. This is according to data from the yearly report of the Canadian institute "Fraser" for 2008, distributed in Bulgaria by the Institute for market economy. The report puts Hong Kong in the first place, followed by Singapore and New Zealand. According to the survey Bulgaria climbs 6 places from last year's 74th position. още »

A shock increase of the price of electricity will be a fact after the elections next year. This was forecasted by the Chair of the Association of the producers of ecological energy Velizar Kiriyakov. According to him the increase will be somewhere around 10-15%. In Europe only Russia and Ukraine will sustain lower prices of electricity, but Bulgaria has no option to buy from them, Kiriyakov pointed out. още »