Expats

(AFX UK Focus) 2010-05-25 10:20 UPDATE 1-Bulgaria to target 4.8 pct/GDP fiscal gap in 2010 [May 25, 2010] BUCHAREST, May 25 (Reuters) - Bulgaria will target a budget deficit of 4.8 percent of gross domestic product under local accounting standards in 2010, far wider than initial estimates, central bank deputy Governor Kalin Hristov said on Tuesday. Bulgaria's admission last month that it had hidden the truth about the size of its 2009 deficit sent ripples across emerging Europe, raising concerns ... [via YahooNews] More >>

ELANA Finds Investor Confidence Returning in Bulgaria [Apr 08, 2010] Battered and bruised by the global economic crisis that hit emerging Europe particularly hard, investors are returning slowly to Bulgaria 's capital markets and appear ready to invest in mutual funds that are riskier than the traditional bond and other low-risk funds, according to Sofia-based ELANA Fund Management. [via YahooNews] More >>