Expats

Bulgaria sets conditions to join EU budget pact [Jan 11, 2012] (SOFIA ) - Non-eurozone member Bulgaria said Wednesday it will join an EU budget pact for tighter discipline but refused to undertake any financial pledges to aid the eurozone or accept changes to its tax policy. [via YahooNews] More >>

Bulgaria passes 2012 budget based on lower growth of 2.3% [Dec 09, 2011] (SOFIA ) - Bulgaria is heading for sharply less growth than expected next year but will still be in the top group of European Union countries in the growth stakes, the budget for 2012 adoped by parliament on Friday shows. [via YahooNews] More >>

Bulgaria's Interior Gets Third Extra Subsidy Under Budget 2011 [Dec 07, 2011] Bulgaria's Interior Ministry will get an additional subsidy of BGN 6.5 M under Budget 2011 to meet running costs. The decision to disburse extra funds for the Interior was taken during Wednesday's cabinet session. ... [via YahooNews] More >>

Bulgaria Patients: Health Care 2012 Budget Life-Threatening [Nov 20, 2011] Bulgaria's health system will be plagued by chronic underfunding next year, putting at risk the life of all Bulgarian citizens, who need medical aid, patients have alarmed. "Bulgaria's budget for 2012 allocates, yet again, just 4% of GDP for the health care sector, which falls a long way short of the money needed to guarantee security for the Bulgarian patients, high-quality services, prevention ... [via YahooNews] More >>

Bulgaria Ups Retirement Age in 2012 in U-Turn Change [Nov 16, 2011] Retirement age in Bulgaria will go up by one year for both men and women as early as 2012, Deputy Finance Minister, Vladislav Goranov told the Members of the Parliament Wednesday. In addition, the retirement reform with gradual increase of retirement age is moved from 2021 to 2015, over the deficit in the budget of the National Social Security Institute (NOI) and economy forecasts, according to ... [via YahooNews] More >>

Bulgaria's Budget 2012 Attacked from Left, Right [Nov 15, 2011] The right-wing would not offer parliamentary support for budget 2012, according to the co-Chair of the Blue Coalition and leader of Union of Democratic Forces, (UDF), Martin Dimitrov. The statement confirms the right-wing position from last week when the other co-Chair, leader of Democrats for Strong Bulgaria party (DSB) and former Prime Minister, Ivan Kostov, said "three times NO" to the draft ... [via YahooNews] More >>

Economist Richard Ran: Bulgaria Will Survive Financial Crisis [Nov 11, 2011] Bulgaria will be "among the survivors" of the global financial crisis, US economist Richard Rahn believes. "Bulgaria is currently in a much better position than many other countries and has a much smaller debt. Furthermore, it makes much larger budget spending restrictions.... [via YahooNews] More >>

Bulgaria's Bokova: UNESCO Isn't Falling Apart [Nov 04, 2011] UNESCO is not falling apart, this simply a challenge for the organization, Secretary General, Bulgaria's Irina Bokova says. Bokova has spoken in an interview for Darik radio, in the heels of the US declaring it will not pay membership dues of USD 60 M over approval of Palestine's joining. The US provides 22% of the organization's budget. ... [via YahooNews] More >>

Bulgaria's Jet Fighters Purchase Pushed Back over Low Defense Budget [Oct 26, 2011] Bulgaria's Defense Ministry will not be starting the tender for the long-anticipated purchase of fighter jets for the Bulgarian Air Force in 2012, as it planned, Defense Minister Gen. Anyu Angelov announced. The delay is caused by the fact that instead of receiving a budget equaling 1.... [via YahooNews] More >>

Bulgaria's Bansko Named World's Best Value Ski Resort [Oct 24, 2011] Bansko, Bulgaria's biggest ski resort, is the cheapest resort for British skiers in the world, according to new research by the Post Office. While last year it ranked second, preceded by Romania's Poiana Brasov, now Bansko has emerged as the most attractive winter resort for Britons on a budget since prices have fallen by 5% in comparison with 2010. The total cost for ski equipment, lift passes ... [via YahooNews] More >>

EU Commissioner Urges Bulgaria to Persist in Deficit, Debt Reduction [Oct 14, 2011] Bulgaria should keep demonstrating its fiscal discipline and stable public finances to gain the advantages of euro zone membership, EU Commissioner for Budget and Financial Programming Janusz Lewandowski declared in Sofia. "If Bulgaria keeps proving to be a state with stable public finances, it will be fully entitled to seek euro zone membership," Lewandowski stated at a joint news conference ... [via YahooNews] More >>

Bulgaria More Effective Than Ever with EU Funds - Minister [Jul 02, 2011] Bulgaria is a responsible manager of funds from the common EU budget and is in a good position to prove that to the EU, stated Bulgarian Minister of EU Funds Tomoslav Dochev. "Bulgaria is showing it can and it knows what it's doing. Our country is in a better position than ever," said Donchev in an interview for the Bulgarian National Radio Saturda. ... [via YahooNews] More >>

Bulgaria Can Count on More EU Money after 2014 - Commissioner [Jun 30, 2011] Bulgaria can count on a 10-15% increase in the monies from EU funds after 2014, it emerged after the European Commission approved late on Wednesday a proposal for the EU budget 2014-2020. "Bulgaria is expected to receive a 10-15% increase compared to what we have today," Bulgarian Commissioner Kristalina Georgieva told the Bulgarian National Radio. "It will be extremely important in the next 18 ... [via YahooNews] More >>

Bulgaria's Ruling Party 'Optimistic' about Minimum Salary, Pension Raise [May 31, 2011] Bulgaria's Labor Minister Totyu Mladenov has joined the chorus of senior government officials declaring that they are "highly optimistic" about the prospects of raising the minimum. "We are all optimistic," Mladenov told reporters after taking part in a meeting of the parliamentary group of the ruling center-right party GERB. The government has been toying with the idea of raising the budget ... [via YahooNews] More >>

Bulgaria to Return EUR 24.5 M in Agriculture Funds to EU [Apr 15, 2011] Bulgaria has to return EUR 24.5 received for agriculture in 2009 to the EU budget, the European Commission has announced. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure.... [via YahooNews] More >>

Bulgaria Govt Rapped for Failed Privatization Attempts - Survey [Jan 18, 2011] Bulgaria's government is most heavily criticized for its failure to rake in revenues into the budget by privatization, shows a survey, conducted among analysts, employers and trade unionists. According to the experts the failed privatizations prove that the plan of the government was chaotic and controversial, says the poll, conducted by the Institute for Market Economy. The privatization tender ... [via YahooNews] More >>

Bulgaria Introduces 2% Tax on Insurance Premiums [Jan 01, 2011] A new law, which provides for the introduction of a 2% tax on insurance premiums and was moved by the government last year in a bid to boost revenues to the budget, enters into force on January 1. [via YahooNews] More >>

Bulgaria Parliament Votes on Budget Draft 2011 [Nov 11, 2010] Bulgaria's parliament will vote at first reading the country's budget draft for next year, which Finance Minister Simeon Djankov handed to parliamentary speaker Tsetska Tsacheva on October 1. [via YahooNews] More >>

Bulgaria Budget Draft 2011 Debated in Parliament [Oct 28, 2010] Four parliamentary commissions will debate Bulgaria's budget draft for next year, which Finance Minister Simeon Djankov handed to parliamentary speaker Tsetska Tsacheva on October 1. [via YahooNews] More >>

Bulgaria Budget Draft 2011 Debated in Parliament [Oct 28, 2010] Four parliamentary commissions will debate Bulgaria's budget draft for next year, which Finance Minister Simeon Djankov handed to parliamentary speaker Tsetska Tsacheva on October 1. [via YahooNews] More >>