Expats

Bulgaria's Grey Economy Reaches Up to 30% - Study [Oct 27, 2011] 20-30% of Bulgaria's economy is in the shadowy sector known as grey economy, according to a study revealed Thursday by the economics unit of the Bulgarian NGO Center for the Study of Democracy. According to the research, the fields most affected by grey economy are construction, retail, the restaurant business, fuel trade and healthcare. Researchers have commented that among the most frequent ... [via YahooNews] More >>

Bulgaria Currency Board Architect Slams Euro as 'Creature of Politics' [Mar 09, 2011] Steve Hanke, the architect of Bulgaria's currency regime and one of the opponents of its eurozone aspirations, has slammed the single currency as 'a creature of politics, not economics and finance'. "The euro remains a creature of politics, not economics and finance. The hallmarks of this project have been more politicization, more centralization and more "harmonization", Steve Hanke wrote in an ... [via YahooNews] More >>

Bulgaria Economy Minister Claims Signs of Recession Recovery [Mar 05, 2011] The latest data on development of the Bulgarian economy showed that the country is going out of the recession, according to Bulgaria's Economy Minister Traicho Traikov. The minister is part of the Bulgarian delegation, which is on a three-day visit to Spain. He participated in a forum on economics and investments, organized by the Spanish Confederation of Employers' Organizations (CEOE), and ... [via YahooNews] More >>

PM Borisov Urges Spanish Entrepreneurs to Invest in Bulgaria [Mar 04, 2011] Bulgaria's PM Boyko Borisov has urged Spanish entrepreneurs to invest in Bulgaria because of the good conditions it provides. Borisov is leading the Bulgarian delegation, which is on a three-day visit to Spain. At a forum on economics and investments, organized by the Spanish Confederation of Employers' Organizations (CEOE), the prime minister presented different options for development of ... [via YahooNews] More >>

Bulgaria-Based Egyptian Journalist Mohamed Kamal Alam: Libya's Qaddafi Next in Line after Mubarak's End in Egypt [Feb 03, 2011] Interview with Mohamed Kamal Zaki Alam, an Egyptian journalist living in Bulgaria. He was born in Cairo in 1958. He earned an degree in economics in Egypt in 1984, and a degree in journalism in Bulgaria in 1992, and a Ph.... [via YahooNews] More >>

Economy Expert Hanke Firmly against Bulgaria IMF Bailout [May 15, 2010] Steve Hanke, a Professor of Applied Economics at the Johns Hopkins University in Baltimore, says Bulgaria must stay away from any IMF bailout. File photo [via YahooNews] More >>

Bulgaria, Romania, Hungary Most Exposed [Apr 29, 2010] Bulgaria, Romania and Hungary are the eastern European nations whose financial markets are most exposed to contagion from the Greek debt crisis, Capital Economics said. [via YahooNews] More >>

Bulgaria, Romania, Hungary Most Exposed to Greece (Update1) [Apr 28, 2010] April 28 (Bloomberg) -- Bulgaria, Romania and Hungary are the eastern European nations whose financial markets are most exposed to contagion from the Greek debt crisis, Capital Economics said. [via YahooNews] More >>

EU Top Fiscal Performer Bulgaria Faces Greek-Led Bank Decline (Bloomberg) [Mar 08, 2010] March 8 (Bloomberg) -- Bulgaria, the European Union member boasting the bloc?s smallest budget deficit, risks seeing its banks sucked under by the fiscal sins of neighboring Greece, Fitch Ratings and Capital Economics Ltd. warned. [via YahooNews] More >>

EU Top Fiscal Performer Bulgaria Faces Greek-Led Bank Decline (Bloomberg) [Mar 08, 2010] March 8 (Bloomberg) -- Bulgaria, the European Union member boasting the bloc?s smallest budget deficit, risks seeing its banks sucked under by the fiscal sins of neighboring Greece, Fitch Ratings and Capital Economics Ltd. warned. [via YahooNews] More >>