Expats

UK Brokers: Huge Money Converted Back into Sterling from Bulgaria [Mar 05, 2012] Bulgaria is among the countries, from which UK foreign-currency brokers are reporting a staggering amount of money being converted back into sterling. Most transactions back to sterling in recent months come from Spain, Bulgaria, France and the USA, according to data of Currency Index, as cited by The Telegraph Weekly. "With Bulgaria, property investors who bought in the boom years, before the ... [via YahooNews] More >>

Bulgaria May Reach EU - Level Minimum Wages in 41 Years - Study [Aug 27, 2011] Bulgaria will need 41 years to reach the minimum wage rates of EU's most advanced countries, according to a study conducted in the Sofia-based University of National and World Economy. Currently, the minimum wage in Bulgaria is BGN 289, or nearly half of the amount of money deemed by the country's National Statistical Institute as necessary for an individual to survive a month in "normal ... [via YahooNews] More >>

Finance Ministry: Stanishev Govt Shattered Bulgaria's Fiscal Reserve (Novinite.com) [Mar 09, 2010] Bulgaria?s former government spent an enormous amount of money from the country?s budget surplus and fiscal reserve at the end of 2008, according to the Finance Ministry. [via YahooNews] More >>