Expats

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 28, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 27, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 27, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 27, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Prime Minister Borisov Hails Greece Bailout as Beneficial for Bulgaria (Novinite.com) [Mar 27, 2010] Prime Minister, Boyko Borisov, applauds the bailout agreement for Greece reached by the EU, as very good news for Bulgaria, allowing the country to breath a sigh in relief since over 30% of the Bulgarian banks are owned by Greek companies. [via YahooNews] More >>

Crisis May Lead to Capital Transfers from Greece to Bulgaria (Novinite.com) [Mar 09, 2010] It is absolutely certain that Greek-owned banks are not draining liquidity from Bulgaria, according to Dimitar Kostov, Deputy Governor of the Bulgarian National Bank. [via YahooNews] More >>

EU Top Fiscal Performer Bulgaria Faces Greek-Led Bank Decline (Bloomberg) [Mar 08, 2010] March 8 (Bloomberg) -- Bulgaria, the European Union member boasting the bloc?s smallest budget deficit, risks seeing its banks sucked under by the fiscal sins of neighboring Greece, Fitch Ratings and Capital Economics Ltd. warned. [via YahooNews] More >>

EU Top Fiscal Performer Bulgaria Faces Greek-Led Bank Decline (Bloomberg) [Mar 08, 2010] March 8 (Bloomberg) -- Bulgaria, the European Union member boasting the bloc?s smallest budget deficit, risks seeing its banks sucked under by the fiscal sins of neighboring Greece, Fitch Ratings and Capital Economics Ltd. warned. [via YahooNews] More >>

Bulgaria Central Bank: No Greek Banks Liquidity Drain (Novinite.com) [Mar 04, 2010] People pass by a branch of the National Bank of Greece in central Athens, Greece. Greece's fiscal problems have raised fears of a liquidity squeeze that may force its banks to withdraw liquidity from subsidiaries in Bulgaria. [via YahooNews] More >>

Bulgaria Finance Minister 'Concerned' over Greek-owned Banks (Novinite.com) [Mar 01, 2010] Bulgaria?s Finance Minister Simeon Djankov has expressed a concern over the possibility of Greek-owned banks draining liquidity and channeling it to their parent companies. [via YahooNews] More >>

Rain, floods in Bulgaria cause power outages, snarl traffic (EARTHtimes.org) [Feb 15, 2010] Sofia - Bulgaria was hit by heavy rain and snowstorms, which caused flooding, snarled traffic and led to power outages, the national radio said Monday. In Elchovo in south-eastern Bulgaria, the river Tundzha rose above its banks, flooding the town pa... [via YahooNews] More >>

Bulgaria, Romania Most at Risk From Greece, Morgan Stanley Says (Bloomberg) [Feb 15, 2010] Feb. 15 (Bloomberg) -- Bulgaria and Romania are among countries ?most at risk? from potential spillovers from Greece after banks invested in central and eastern Europe, according to Morgan Stanley. [via YahooNews] More >>

What's Next for Bulgaria? (Novinite.com) [Feb 08, 2010] Banks could hold the key to what will happen with Bulgaria's depressed real estate sector in 2010, it is claimed. There are concerns that if they decide to start selling foreclosed properties this will lead to prices falling even further. [via YahooNews] More >>

(AFX UK Focus) 2010-01-26 13:01 Bulgaria end-Nov foreign debt drops 2 pct y/y (Interactive Investor) [Jan 26, 2010] SOFIA, Jan 26 (Reuters) - Bulgaria's gross foreign debt fell two percent to 36.99 billion euros ($52.12 billion) at the end of November from the same period a year ago as banks kept lending curtailed, central bank data showed on Tuesday. The debt, some 110.4 percent of GDP, rose 93.8 million euros from a month earlier. Gross private debt edged up to 32.8 billion euros at the end of November from ... [via YahooNews] More >>