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21-05-2008 10:52
Iraqi Debt to Bulgaria to Cover Trakia Highway
One part of Iraqi debt to Bulgaria will be allotted for the construction of the Trakia highway, the Premier Sergei Stanishev announced, quoted by The Standart. The Bulgarian Prime Minister attended on Tuesday the inspection of the already done sectors of Maritsa highway between Harmanli and Novo Selo.Premier Stanishev explains that the sum of $350 million, expected to be transferred from Iraq to Bulgaria by the end of June, presents considerable unplanned revenue to the budget. още »
02-10-2008 10:35
Bulgarian Export to Azerbaidjan Doubled
In 2007 Bulgarian export to Azerbaijan reached 20 million Euro, compared to 10 million Euro in 2006. This was announced by the deputy-minister of Economy Valentin Ivanov during the Bulgarian-Azeri business forum carried out simultaneously with the third session of the Bulgarian-Azeri intergovernmental commission for economic cooperation.There is a potential for even bigger increase of export of products in the fields of machine building, electronics, electric technology, equipment for the food industry, food products, pharmaceutics, perfumery. още »
01-10-2008 15:13
The Base Rate in Bulgaria Increases
Today the Bulgarian National Bank increased the base rate to 5,38 percent, BNB announced. The base rate increases by 0,15 percent compared to September.Compared to October 2007, when the base rate was 4.24 percent, the increase is 1.14 percent.For the period January-October 2008 the base rate has increased by 0.7 percent, following a tendency of gradual increase. още »
01-10-2008 11:30
The Real Estate Market Remains Major for Investors
The major market for investors in the Bulgarian economy remains the real estate market and not the stock exchange. This was announced by Georgi Stoev from "Industry Watch" on "Darik Kafe". His forecast is that the segment of vacation properties is the one, which will be most affected by the financial crisis.According to Stoev, the people who save money in Bulgaria depend mostly on their homes as investment number one and investment number two is bank deposits. още »
01-10-2008 10:49
Danish Company То Build a Wind Generator Park in Bulgaria
A wind-generator park for 150 million euro will be built in Stara Planina above the village of Dulgi del, Georgi Damiyanovo municipality by the Danish company “Greentech”. This announced the mayor of the municipality Dilyan Dimitrov, cited by BNR.It is expected by the end of October the company to obtain the construction permit. The municipality and the investor have registered a joint company which to construct the park. още »
01-10-2008 10:20
The Price of Natural Gas Increases by 24%
The price of natural gas increases by nearly 24% as of today after a decision by DKEVR (State commission for energy and water regulation). There will be another price increase in January by about 21%. With yesterday's decision the value of "blue fuel" will be 538,66 levs for 1000 cubic meters without VAT. The increase is by 103,86 levs over the current price of "Bulgargaz" for the "blue fuel", which is 434. още »
30-09-2008 16:33
The World Financial Crisis Knocks Food Prices Down
The world financial crisis knocks the prices of the basic food products in Bulgaria and around the world down. Since the beginning of the year bread grain on the Bulgarian market has decreased by more than 70% and vegetable oil by 13%, BNR announced.Vegetable oil is the product, which decreases in price the fastest since the beginning of the year. Compared to the peak price in January, when a bottle of vegetable oil cost 2,60 levs wholesale, the price now has decreased to 2,30 levs according to data by of the Stock Exchange. още »
30-09-2008 13:13
Europe To Be Flooded With Advertisements About Bulgaria
The Bulgarian State agency on tourism has started negotiations carriers for advertising the Bulgarian tourism on the T.I.R.s from the international transport. Thus successfully we can draw the attention, for example, over our golden treasures. This said the chair of the agency Aneliya Krushkova at a seminar in Velingrad, which marks the international day of tourism, informs “Yantra TODAY” newspaper. още »
30-09-2008 11:02
Bulgatian Stock Exchange With A Record Fall Off
The Bulgarian stock exchange (BSE) also opened with a record fall off. The leading indexes started with a collapse of somewhat over 7%, informed Money.bg.The shares of Moststroy, Evrohold, Lead-Zinc complex, Corporate trade bank are greatly decreasing. The turnover exceeds 1 million BGN (0.5 million EUR).A little afer 10 am the fall off of SOFIX is 5. още »
30-09-2008 10:03
The World Economic Crisis Might Bring Recession to Bulgaria
NDSV deem that the world financial crisis might influence Bulgaria mostly by decreasing the rate of economic growth. The economic team of NDSV forecasts that the economic growth next year will be within 4-5 percent.There is a certain risk that it decreases to 1 percent, which means that we will be on the brink of recession, the yellow party comments. още »
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