Expats

Bulgaria's Unemployment Rate Down 0.1 pp in April [May 10, 2012] Bulgaria's unemployment rate saw a minor decline of 0.1 pp in April 2012 compared with March 2012, the Bulgarian Employment Agency announced. A total of 16 out of Bulgaria's 28 administrative districts have seen negligible drops in unemployment, 4 have retain their rates from March 2012, and 8 have seen an increase in the number of the unemployed. ... [via YahooNews] More >>

Bulgaria GDP May Fall by 5% in Q1, Industrial Chamber Warns [Apr 18, 2012] Bulgaria's economy may shrink drastically by 5% in the first three months of the year, the country's Industrial Chamber has warned. "Given the looming decline in GDP for the first quarter of 2012, we expect the budget deficit to be significantly higher than envisaged in the budget, putting at risk public investments and the payment of pensions," according to the business chamber. Bulgaria's ... [via YahooNews] More >>

Bulgaria Retail Sales Decline In November [Jan 09, 2012] Bulgaria Retail Sales Decline In November [via YahooNews] More >>

Anti-Baby Pill Father Laments Bulgaria's Demographic Bust [Jan 02, 2012] The chemist who made possible the invention of the birth control pill has prescribed a controversial cure to reverse Bulgaria's demographic decline ? Turkish migrants. Speaking in an interview for the Bulgarian daily 24 Hours, Carl Djerassi said his invention was not to blame for the demographic imbalance in Europe, which was a result of a mixture of factors. The solution, according to him, lies ... [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's Advertising Market Dwindles in 2010, Online Ads Up [Mar 23, 2011] Bulgaria's total advertising market amounted to BGN 329.18 M in 2010, which is a decline of 13.9% compared with 2009. ... [via YahooNews] More >>

Bulgaria Saw Largest Increase in EU Road Fright Transport 2009 [Mar 22, 2011] Bulgaria was only two EU members which registered a its road fright transport increase in 2009, according to Eurostat. In 2009, all member states showed declines in their road freight transport compared with 2008, except for Bulgaria (+16%) and Poland (+10%). However, in 2009 Bulgaria also saw the largest decline in rail fright transport in the whole bloc (-33%).... [via YahooNews] More >>

Bulgaria's Industrial Output Down in May, Eurostat Says [Jul 14, 2010] Bulgarias industrial production registered a decline of 1.7% in May 2010 year-on-year, according to Eurostat data released Wednesday. Greece is the only other EU member state with a decline of the industrial output compared to May 2009 (-6.3%). [via YahooNews] More >>

Bulgaria's New Car Market with Record-Breaking Drop in EU [May 17, 2010] A total of 1 201 new cars were sold in Bulgaria in April 2010, which is a 50.8% decline compared to the same period of last year. In the first four months of 2010, Bulgaria registered the third highest decline of new car sales after Romania (- 56 %) and Hungary (- 52.9 %). [via YahooNews] More >>

Bulgarias New Car Market Down by 44% in April [May 12, 2010] After very modest signs of recovery in the first quarter of 2010, in April Bulgarias new cars market returned to its staggering collapse. A total of 1 396 new vehicles were sold in Bulgaria in April 2010, which is a 44% decline year-on-year. [via YahooNews] More >>

(AFX UK Focus) 2010-03-11 10:05 UPDATE 1-Bulgaria revises 2009 GDP decline to 5.0 pct y/y (Interactive Investor) [Mar 11, 2010] SOFIA, March 11 (Reuters) - Bulgaria's economy shrank by 5.0 percent on an annual basis in 2009, a touch better than a preliminary estimate of 5.1 percent but still putting it on course to recover slower than its east European peers. The full-year decline reported by the statistics office on Thursday was also close to the government's forecast for a contraction of 4.9 percent in 2009. The Balkan ... [via YahooNews] More >>

Fitch Doomsayers Blackmail Bulgaria - Analysts (Novinite.com) [Mar 09, 2010] Bulgaria?s Sofix index of the country?s 20 most-traded stocks lost 0.3%, its biggest decline in a week. Photo by Sofia Photo Agency [via YahooNews] More >>

Bulgaria?s New Car Market Sees Total Collapse (Novinite.com) [Feb 11, 2010] The sales of new cars in Bulgaria dropped by almost 50% in January 2010 year on year. According to data of the Association of Car Producers and Authorized Dealers, only 1 160 new cars were sold in Bulgaria in the first month of the year, a 47,6% decline compared to the number sold in January 2009. [via YahooNews] More >>

Bulgaria Finance Ministry Switches to Forecasting GDP Growth in 2010 (Novinite.com) [Jan 27, 2010] Bulgaria?s Finance Ministry has amended its forecast for a 2% decline of the economy in 2010 switching to expecting a 0,3% GDP growth. [via YahooNews] More >>

Bulgaria FDIs Collapsed to EUR 2,6 B 2009 (Novinite.com) [Jan 19, 2010] Foreign direct investments in Bulgaria last year marked a sharp decline and did not exceed 2,6 B from January till November, down by EUR 3,4 B over the same period the previous year, data of the InvestBulgaria Agency shows. [via YahooNews] More >>

Bulgaria Consumer Price Inflation Rises In December (INO News) [Jan 14, 2010] (RTTNews) - Thursday, Bulgaria's National Statistical Institute announced that the consumer price index or CPI rose 0.6% year-on-year in December, faster than the 0.1% decline in the previous month. [via YahooNews] More >>