Expats

Bulgaria's Bank System Can Cope with Bad Credit - Analyst [Nov 19, 2011] Bulgaria's bank system has enough buffers to cover bad credits, according to Open Society economist Georgi Angelov. Giving a lecture Saturday, Angelov commented that although bad credits have reached unprecedented highs, the banking system in the country remains stable. According to data quoted by the economists, 14.... [via YahooNews] More >>

Bulgaria C-Bank Governor Slams 'Guilty Greeks, Innocent Germans' Propaganda [Sep 16, 2011] Bulgaria's national bank governor has advised against simplifying the crisis that is wreaking havoc in the eurozone, saying it is not just a matter of "guilty Greeks and innocent Germans". "Europe badly needs the spirit of solidarity. Politicians and economists should stop beating around the bush, which is very evident in the countries in the heart of Europe.... [via YahooNews] More >>

Bulgaria Jobless Rate Hits 10,26% in Feb (Novinite.com) [Mar 18, 2010] Bulgaria's unemployment rate has exceeded the threshold of 10%, which employers and economists consider to be a sign of an upcoming deterioration in the purchasing power and the labor market. [via YahooNews] More >>