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Business
24-07-2008 16:03
Cartel Arrangements in the Bakery Business
The Commission for Consumer Protection fined 3 baker's and confectioner's associations for setting prices of the products offered and limiting the market competition. The Commission has started a legal procedure in July 2007 in connection to the numerous messages in the media about a huge bread price increase.After an investigation it has been determined that the associations play an active role in the formation of price expectations and forecasts on the bakery market in Bulgaria, the Commission specifies. още »
03-11-2008 12:21
Media & economists should stop threating people with the Great Depression
The inflation and the growth of the Gross domestic product (GDP) in Bulgaria in the next year will be less than expected. The claims, however, that the effect of the world financial crisis will reach the scope of what happened during the Great depression in the United States in 1929 are irresponsible and the press and the economists should stop threatening the people. още »
03-11-2008 11:15
"Kremikovtzi" employees go out on an forced paid vacation
Which "Kremikovtzi" employees will go on a forced paid vacation will be known this week. Despite the threats of civil disobedience starting today, on Friday workers decided to stop their protests.The government promised that workers will receive their salaries for August by Wednesday, while the September salary - at the latest by the end of the week. още »
03-11-2008 10:25
The world financial crisis makes bank credits unobtainable
The world financial crisis is still not having a direct effect on the Bulgarian economy, the deputy minister of finance Kiril Zhelev said, cited by BNR (Bulgarian National Radio). According to him, following the logic of the world trend in Bulgaria, credits are becoming harder to obtain.For now, direct effect for Bulgaria's economy is not observed with the exception of the fact that there will probably be problems regarding the credit resource at the disposal of business and households. още »
31-10-2008 17:17
Bulgaria's economy - the most trusted in the EU
Bulgaria is first on the EC index, reflecting the trust in the economy. We are followed by Poland and Romania.Bulgaria's index in October is 110,3 points, Poland's is 105,3, while Romania's - 103,7, which is 1,3 points lower compared to September.The index reflecting the trust in the economy marks a decrease in all EU countries, as it is the greatest in the Netherlands, France, Italy and Great Britain. още »
31-10-2008 16:52
The fight for "Kremikovtzi" continues
Representatives of the syndicates in "Kremikovtzi" carried out a meeting with the deputy-minister of the Economy Nina Radeva. According to her, at the moment it is extremely important that a mechanism is found, through which salaries of workers in the factory for August and September are be disbursed as soon as possible through the sale of "Kremikovtzi" production. още »
31-10-2008 12:51
78% of foreign investment - concentrated in Sofia
"In 2007-2007 78% of foreign investment in Bulgaria is concentrated in Sofia and for the last 15 years - 50 percent of foreign capital is invested in Sofia". This was announced by the deputy mayor of Sofia Minko Gerdzhikov on an international conference for the application of the Lisbon strategy for regional development of Sofia.The conference is carried out in the building of the Sofia city-hall. още »
31-10-2008 11:39
Forum on real estate frauds in Sofia
National conference on the topic “Real estate frauds – problems and counteraction” with the participation and under the patronage of the Bulgarian president Georgi Parvanov will be held in the building of the Union of the jurists. A discussion on “The higher education and the university science” will start with the participation of the president. The discussion will be conducted in the National palace of culture in the framework of the forum “Bulgarian debates”. още »
30-10-2008 16:52
Metallurgy giant opens office in Sofia
“Corus” - the second biggest company in Europe, producer of steel, opened office in Sofia, writes news.bg. This happens through “Corus international” - the supplies chain of “Corus”.According to Yoanna Kehlibarova, manager of Corus-Bulgaria, the registration of the company and the problems of “Kremikovtzi” is pure coincidence. At this stage we don't have any aspirations towards “Kremikovtzi”. още »
30-10-2008 16:21
S&P decreased Bulgaria's rating
S&P decreased the rating on Bulgaria's foreign debt to BBB/A-3 with negative perspective, Investor.bg. Several days ago the international rating agency Standard & Poor's moved Bulgaria's credit rating to "BBB+/A-2 for the sovereign debt of the country in foreign currency and levs in the category "CreditWatch", because of concerns that the economy of the country is highly vulnerable to the instability of the foreign markets. още »
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