Expats

Bulgaria Ex-PM, Tsar Lauds Microcredit as Recovery from Crisis [Dec 03, 2011] Microcrediting gives great opportunities for many in times of economic crisis, argues Bulgarian ex-PM and erstwhile Tsar Simeon Saxe-Coburg in an article published on his personal website. In the piece issued Saturday, Saxe-Coburg, who was Bulgaria's PM 2001-5, stated that Bulgaria needs to assume a pro-active attitude to the crisis and rely not just on austerity, but also to simulate the ... [via YahooNews] More >>

Hard-pressed Bulgaria to vote for a new president [Oct 22, 2011] Bulgaria, the EU's poorest country, holds presidential and mayoral elections on Sunday, and many see them as a test of the nation's political stability at a time of economic crisis. [via YahooNews] More >>

Bulgaria to vote for a new president [Oct 20, 2011] SOFIA, Bulgaria (AP) ? Bulgaria, the EU's poorest country, holds presidential and mayoral elections on Sunday, and many see them as a test of the nation's political stability at a time of economic crisis. [via YahooNews] More >>

Bulgarian presidential election seen as a test of the poor nation?s stability [Oct 20, 2011] SOFIA, Bulgaria ? Bulgaria, the EU?s poorest country, holds presidential and mayoral elections on Sunday, and many see them as a test of the nation?s political stability at a time of economic crisis. Some observers have said that one of the biggest tests may be to prevent impoverished Bulgarians from selling their votes in a country with widespread crime and corruption. Read full article >> [via YahooNews] More >>

Hard-pressed Bulgaria to vote for a new president [Oct 20, 2011] Bulgaria, the EU's poorest country, holds presidential and mayoral elections on Sunday, and many see them as a test of the nation's political stability at a time of economic crisis. [via YahooNews] More >>

Bulgaria's Furniture Industry Lost Forever 20% of Pre-Crisis Volume - Expert [Aug 25, 2011] Bulgaria's furniture industry will hardly ever manage to recover its pre-2008 output even after the economic crisis is overcome, according to the director of furniture producers' chamber. The Bulgarian furniture industry will lose permanently about 20% of the volume it had before the crisis, Stefan Ganev, executive director of the Bulgarian Chamber for Wood-Processing and Furniture Industries ... [via YahooNews] More >>

Bulgaria Sets Emergency HQs over US Debt Crisis [Aug 08, 2011] The Bulgarian cabinet is establishing emergency headquarters to monitor financial markets in the US and Europe for threats of another economic crisis wave. The headquarters are created on the order of Deputy Prime Minister and Finance Minister, Simeon Djankov, and include Deputy Finance Ministers, Vladislav Goranov, and Boryana Pencheva, experts from the Ministry's Analysis Department and from ... [via YahooNews] More >>

Bulgaria's Machine Building Reached 95% of 2008 Exports in 2010, Still in Crisis [Jul 08, 2011] Bulgaria's machine-building sector is still facing a serious crisis, which will probably continue well into 2012, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building. Keleshev told Radio K2 Friday that the Bulgarian machine building industry, which employed 143 000 people in 2008, has been seriously hurt by the economic crisis after 2009 and many of its sectors ... [via YahooNews] More >>

Bulgaria's centre-right government survives no-confidence vote [Jun 17, 2011] SOFIA, Bulgaria - Bulgaria's centre-right government has survived a no-confidence vote on a motion filed by the opposition, claiming it has failed to cope with the economic crisis. [via YahooNews] More >>

Bulgaria Ranked 4th by Romanians as Top Tourist Destination [Jun 14, 2011] Bulgaria is among the top tourist destinations for Romanian travelers, but the economic crisis has a negative influence on their vacation plans. A survey, conducted in the beginning of June, has revealed that due to the crisis many Romanians will favor local tourist attractions, the Romanian news agency Agerpres informs, cited by the Bulgarian BTA. 49% of those polled have designated Romania as ... [via YahooNews] More >>

Bulgaria's Second-hand Car Market Boasts Impressive Growth in 2010 [Jan 04, 2011] The sales of second-hand cars in Bulgaria grew by 30%-50% in 2010, year-on-year, estimates have shown. According to Lyubomir Dorosiev, deputy head of the Association of Car Importers, as cited by money.bg, the Bulgarian market for second-hand cars had a growth that is impressive against the backdrop of the economic crisis and the reduced domestic consumption. [via YahooNews] More >>

Bulgaria's Lumber Industry Picks Up, Furniture Lags Behind [Oct 27, 2010] Bulgaria's lumber industry has started to overcome the effects of the economic crisis but the furniture manufacturing is still declining, according to participants in the "World of Furniture " expo in Sofia. [via YahooNews] More >>

Bulgaria President Calls for Change in Economic Model [Jul 04, 2010] Bulgaria needs a radical change in its employment model, according to the president, who initiated on Sunday a discussion of ways to boost employment in times of an economic crisis and the challenges ahead. [via YahooNews] More >>

Bulgaria Mulls Ways to Boost Employment [Jul 04, 2010] Bulgaria's President Georgi Parvanov has initiated a discussion about the ways to boost employment in times of an economic crisis as part of the "Bulgaria 2020" national strategy. [via YahooNews] More >>

Bulgaria Said to Overcome Crisis by September [Jun 17, 2010] Finance Minister Djankov thinks Bulgaria will largely over the economic crisis by Septembet. Photo by BGNES [via YahooNews] More >>

Bulgaria Said to Overcome Crisis by September [Jun 17, 2010] Bulgarias Finance Minister Simeon Djankov believes that the economic crisis will be over for the country by the end of the summer. The economic recovery will be felt much more tangibly in September, Djankov told Nova TV Thursday morning. [via YahooNews] More >>

Bulgaria: Economic Crisis Beneficial for Online Trade [Jun 14, 2010] The economic crisis has led to an increase in online shopping in Bulgaria, according to the Bulgarian Association for Online Trade. [via YahooNews] More >>

Bulgaria's Top Diplomat Urges EU to Aid Latin America [May 18, 2010] The EU should help the Caribbean and Latin America countries in overcoming the economic crisis, according to Bulgaria's Foreign Minister Nikolay Mladenov. [via YahooNews] More >>

Bulgaria MEP Upbeat on Future of Europe Despite Crisis [May 08, 2010] Bulgarias ex Foreign Affairs Minister and current rightist Blue Coalition MEP, Nadezhda Neynski, has stated that the economic crisis opens new possibilities for Europe in an upbeat interview. [via YahooNews] More >>

Bulgaria's Economic Crisis [May 04, 2010] What is the situation like in Bulgaria in the present economic crisis? It is harsh for everybody. The people are undergoing deprivation. The government is undergoing criticism. [via YahooNews] More >>