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Bulgaria Confirms Lower Deficit for 2011 than Planned [Jan 05, 2012] Bulgaria's budget deficit for the elapsed 2011 is 2.1%, confirmed Thursday Bulgarian Minister of Finance Simeon Djankov. This figure is with 0.... [via YahooNews] More >>

Bulgaria Adopts 1.35% Budget Deficit for 2012 [Dec 09, 2011] Bulgaria?s Parliament has adopted at second reading the framework for the 2012 state budget within the debates on the 2012 State Budget Act late Thursday night. Thus, the MPs sealed the key figures in Bulgaria's draft budget for 2012, as defended by Minister of Finance Simeon Djankov, including a budget deficit of 1.35% of GDP, or about BGN 1.... [via YahooNews] More >>

Bulgaria Parliament Approves Austerity Draft Budget 2012 [Nov 16, 2011] Bulgaria's parliament approved at first reading on Wednesday the draft budget for 2012, which aims at a budget deficit of 1.35% of gross domestic product, a growth of 2.3% and inflation of 2.... [via YahooNews] More >>

Bulgaria's Budget Deficit Down 46% in Q1-Q3 2011 [Nov 01, 2011] Bulgaria's budget deficit has declined by 46% in the first three quarters of 2011 year-on-year, according to latest data of the Finance Ministry. Thus, in January-September 2011 Bulgaria accrued a deficit of BGN 826 M compared with BGN 1.51 B (a decline of BGN 692 M) in the same period of 2010. ... [via YahooNews] More >>

Bulgaria Govt Approves Austerity Budget Draft for 2012 [Oct 31, 2011] Bulgaria's government approved on Monday the draft budget for 2012, which aims at a budget deficit of 1.35% of gross domestic product, a growth of 2.9% and inflation of 2%. ... [via YahooNews] More >>

Bulgaria Aims to Narrow Budget Gap to 1.35% in 2012 [Oct 25, 2011] Bulgaria aims to have a budget deficit of 1.35% of gross domestic product, a growth of 2.9% and inflation of 2% in 2012, according to the budget draft for next year. ... [via YahooNews] More >>

Bulgaria sees 2011 budget deficit below target [Oct 18, 2011] BUCHAREST : Bulgaria 's 2011 budget deficit will be about 2 percent of gross domestic product, its finance minister said on Tuesday, below a target of 2.5 percent and confirming the Balkan country's tight fiscal stance. [via YahooNews] More >>

Bulgaria's Budget Deficit Down Q1, Q2 2011 Y/Y [Aug 01, 2011] The Bulgarian Finance Ministry has registered a budget deficit of BGN 650 M for the first half of 2011 or 0.9% of the expected GDP. In 2010, the budget deficit at the end of June, accumulated during the first six months of the year, has been BGN 1.... [via YahooNews] More >>

Bulgaria with 0.9% Budget Deficit in 2011 H1, Reserve Slightly Up [Jul 18, 2011] Bulgaria has completed the first half of 2011 with a budget deficit of 0.9% its GDP, according to latest data from the Finance Ministry. Thus, in January-June 2011, Bulgaria's deficit on cash basis under the government's Consolidated Fiscal Program amounted to BGN 652.... [via YahooNews] More >>

Industry Watch: Bulgaria's Budget Deficit Might Worsen over Elections [Jun 05, 2011] Bulgaria's budget deficit and fiscal reserve might be affected negatively by the presidential and local elections in the fall of 2011, according to Industry Watch, a Sofia-based consultancy. According to a new non-periodical report of the think-tank, the elections will create pressure for increased state spending, therefore, a scenario of worsening budget deficit and a further depletion of the ... [via YahooNews] More >>

Bulgaria's Rightists Divided over Proposed Fiscal Pact [May 31, 2011] The two major parties in Bulgaria's rightist 'Blue Coalition' have ended up in a discord over their support for the Financial Stability Pact, a Constitutional amendment proposed by Finance Minister Simeon Djankov. After on Monday the Democrats for Strong Bulgaria party declared on behalf of the Blue Coalition that it will not support the amendment designed to restrict budget deficit, on Tuesday ... [via YahooNews] More >>

Bulgaria Aims for Euro Entry with Fiscal Plan, Pencheva Says [Apr 18, 2011] By Elizabeth Konstantinova Bloomberg agency Bulgaria's three-year fiscal plan aims to cut the budget deficit and boost economic growth to move toward euro adoption, Deputy Finance Minister Boryana Pencheva said. ... [via YahooNews] More >>

Bulgaria Starts 2010 with Monthly Deficit of BGN 477 M [Mar 01, 2011] Bulgaria registered a monthly budget deficit of BGN 477.3 M on cash basis in January 2011, according to latest data of the Finance Ministry. The monthly deficit was formed by putting together the deficit of BGN 394.... [via YahooNews] More >>

Bulgaria Probably Won't Need to Offer Eurobonds This Year, Djankov Says [Feb 15, 2011] Bulgaria probably won?t need to tap international bond markets this year to finance its budget deficit as the economy returned to growth, adding to state revenue, Finance Minister Simeon Djankov said. [via YahooNews] More >>

Bulgaria's 2010 Budget Deficit At 3.9% Of GDP [Jan 12, 2011] (RTTNews) - Bulgaria's budget deficit on cash basis amounted to BGN 2.8 billion or 3.9% of gross domestic product last year, the Finance Ministry said in its preliminary estimates released Wednesday. [via YahooNews] More >>

Bulgaria's 2010 Budget Deficit Better Than Expected, Still Above 3% [Jan 12, 2011] Bulgaria registered a budget deficit of 3.9% in 2010 instead of the forecast 4.8%, according to preliminary data released Wednesday by the Finance Ministry. [via YahooNews] More >>

Bulgaria Likely to Register Smaller 2010 Deficit than Expected [Dec 30, 2010] Bulgaria registered a budget deficit of only 2.65% in the first eleven months of 2010, which is far below the state budget forecast of 4.8% for the entire 2010. [via YahooNews] More >>

Bulgaria's FinMin Pledges Two VAT Reductions by 2013 [Dec 18, 2010] Bulgaria's Finance Minister Djankov (right) says keeping the budget deficit under 3% is the major 2011 challenge for the Borisov government. Photo by BGNES [via YahooNews] More >>

Bulgaria's Rulers Adopt 2011 Budget Deficit Barely below 3% of GDP [Dec 03, 2010] Bulgaria's Parliament has adopted at second reading the 2011 State Budget Act after 15 hours of debates that went late into the night. The major difference between the bill adopted at first reading is the increase of the projected 2011 budget deficit from BGN 1.96 B to BGN 2.16 B ? or from 2.5% to about 2.75% of the GDP ? which, if it materializes, would still be below the 3% threshold set by EU ... [via YahooNews] More >>

Bulgaria Moves to 'Exclude' Nabucco Construction Funds from Budget Deficit [Dec 01, 2010] Bulgaria's Cabinet is working to convince the EU that the EUR 1,3 B that the country will have to pay for the construction of the Nabucco gas transit pipeline should be counted as part of its budget deficit. [via YahooNews] More >>