Expats

Bulgaria 'Firmly Committed' to South Stream Pipeline - Minister [Jul 01, 2010] Russia is well aware that Bulgaria is firmly committed to the realization of the South Stream gas transit pipeline project, declared Bulgarian Economy and Energy Minister Traicho Traikov. [via YahooNews] More >>

Bulgaria Lures More Foreign Investors Despite Net FDI Outflow [Jun 04, 2010] Bulgarian Economy Minister Traikov sees a positive trend in the rising number of foreign investors despite the net investment outflow in the first quarter. [via YahooNews] More >>

Minister Certain about Attracting US Investors to Bulgaria's Energy [May 18, 2010] Bulgarian Economy Minister Traikov is confident that US firms will invest in Bulgaria's energy sector. Photo by BGNES [via YahooNews] More >>

Bulgaria ratifies Nabucco gas pipeline agreement (People's Daily) [Feb 03, 2010] Bulgaria Wednesday ratified an agreement to build the European Union-backed Nabucco gas pipeline, which will help reduce its dependence on Russian gas. The agreement was signed last July between Bulgaria, Austria, Hungary, Romania and Turkey. "Hungary has already ratified it, the rest of the countries will do it soon," Bulgarian Economy and Energy Minister Traicho Traikov told parliament. The ... [via YahooNews] More >>

Finance Minister: Bulgaria Ends Year with Top EU Fiscal Results (Novinite.com) [Dec 13, 2009] Bulgaria?s Finance Minister, Simeon Djankov, believes that thanks to the stable fiscal policies and the fight against illegal business practices, the Bulgarian economy would be BGN 1 B stronger than the forecasts. [via YahooNews] More >>

PM Borisov: Bulgaria Economy Will Start to Recover in 2011 (Novinite.com) [Nov 17, 2009] The Bulgarian economy will start to recover in 2011 according to Bulgaria Prime Minister Boyko Borisov. Borisov was speaking during the parliament debate at the first reading of the draft 2010 State Budget bill proposed by the center-right GERB government and Finance Minister Simeon Djankov. [via YahooNews] More >>

Bulgaria Falls Deeper into Recession, Economy Shrinks 5,8% y/y (Novinite.com) [Nov 13, 2009] Bulgaria?s National Statistical Institute (NSI) has reported Friday that the Bulgarian economy has shrunk 5,8% y/y in the third quarter of 2009, as the recession in the country worsens. [via YahooNews] More >>

(AFX UK Focus) 2009-11-13 09:39 UPDATE 1-Recession worsens in Bulgaria in Q3-flash estimate (Interactive Investor) [Nov 13, 2009] SOFIA, Nov 13 (Reuters) - The Bulgarian economy fell into an even deeper recession in the third quarter and contracted an annual 5.8 percent, after shrinking 4.9 percent in the second quarter, the statistics office's flash estimate showed on Friday. Analysts say Bulgaria has not yet passed the worst and have forecast contraction of around 6 percent this year. The Balkan country's new centre ... [via YahooNews] More >>

Economy Minister Dimitrov: Bulgaria Banking System Indecently Healthy (Novinite.com) [Mar 14, 2009] Bulgarian Economy and Energy Minister, Petar Dimitrov, supported the Bulgarian banking system and stated that the country was on the verge of attracting a large number of multinational companies into the Bulgarian Energy market, at an upbeat meeting in Varna. [via YahooNews] More >>

Bulgaria Economy Minister Backs Up Steel Workers' Demands (Novinite.com) [Mar 09, 2009] The demands of the protesting workers from the troubled steel mill "Kremikovtzi' had received the support of the Bulgarian Economy and Energy Minister, Petar Dimitrov. [via YahooNews] More >>

(AFX UK Focus) 2009-02-18 10:23 UPDATE 1-Bulgaria to keep currency board despite crisis (Interactive Investor) [Feb 18, 2009] SOFIA, Feb 18 (Reuters) - Bulgaria is determined to keep its currency board regime and peg to the euro despite turbulences caused by the global economic crisis, central bank governor Ivan Iskrov said on Wednesday. "Whatever changes and adjustments occur in the Bulgarian economy, and even though some of them will be company bankruptcies...all of it will go under the currency board," Iskrov told ... [via YahooNews] More >>

Bulgarian Bank Advisor: Bulgaria Lev Strongest Currency in Eastern Europe (Novinite.com) [Feb 16, 2009] Kalin Hristov, an advisor to the Bulgarian National Bank's (BNB) Governor, has stated that he believes that the Bulgarian Lev (BGN) is the most stable currency in Eastern Europe due to the Bulgarian economy being the most flexible and competitive in the region, the German publication Frankfurter Allgemeine Zeitung reported Monday. [via YahooNews] More >>

Bulgaria ends gas rationing (San Francisco Chronicle) [Jan 21, 2009] Bulgaria's prime minister says gas rationing has been lifted and the country will seek compensation for losses due to the two-week halt in Russian natural gas deliveries. "The Bulgarian economy no longer needs gas rationing," Sergei Stanishev said on... [via YahooNews] More >>

Bulgaria confirms reception of Russian gas through Ukraine (Itar-Tass) [Jan 20, 2009] SOFIA, January 20 (Itar-Tass) -- The Bulgarian Economy and Energy Ministry has announced reception of Russian gas through Ukraine. This gas will be consumed inside Bulgaria, while transit to other countries will resume when Russian gas fills the Bulgarian pipeline network, the ministry said. [via YahooNews] More >>

(AFX UK Focus) 2008-12-15 09:20 Bulgaria Q3 GDP +6.8 pct y/y, above flash estimate (Interactive Investor) [Dec 15, 2008] SOFIA, Dec 15 (Reuters) - The Bulgarian economy grew by 6.8 percent year-on-year in the third quarter, down from 7.1 percent in the previous quarter but well above the flash estimate of 5.6 percent for the period, statistics office data showed on Monday. [via YahooNews] More >>

Bulgaria Former Presidential Advisor with Grim Predictions about Local Economy (Novinite.com) [Nov 27, 2008] The upcoming several months are going to be a test for Bulgaria's economic and political future, according to the Bulgarian economy expert Professor Dimitar Ivanov, who spoke on Wednesday at a round table about he global financial crisis, organized by the municipality of Sofia. [via YahooNews] More >>

Bulgaria to Save BGN 100 M per Year from Measures for Energy Effectiveness (Novinite.com) [Nov 11, 2008] Bulgaria can save about BGN 100 M per year if the measures to save energy would be strictly applied, Kostadinka Todorova, Director of the Directorate "Energy Effectiveness and Environment Preservation" at the Bulgarian Economy Ministry stated on Tuesday. [via YahooNews] More >>

Agency Sees Invest In Bulgaria Down 15%-20% On Financial Crisis (Nasdaq) [Oct 24, 2008] SOFIA, Bulgaria (AFP)--The global financial crisis will hit the Bulgarian economy, and the inflow of direct investment will slump 15% to 20% this year, the head of the national investment agency warned Wednesday. [via YahooNews] More >>

Agency Sees Invest In Bulgaria Down 15%-20% On Financial Crisis (Nasdaq) [Oct 24, 2008] SOFIA, Bulgaria (AFP)--The global financial crisis will hit the Bulgarian economy, and the inflow of direct investment will slump 15% to 20% this year, the head of the national investment agency warned Wednesday. [via YahooNews] More >>

Agency Sees Invest In Bulgaria Down 15%-20% On Financial Crisis (Nasdaq) [Oct 24, 2008] SOFIA, Bulgaria (AFP)--The global financial crisis will hit the Bulgarian economy, and the inflow of direct investment will slump 15% to 20% this year, the head of the national investment agency warned Wednesday. [via YahooNews] More >>