Expats

Bulgaria Marks 15 Y Since Protests Toppled Socialist Cabinet [Jan 10, 2012] Bulgaria marks Tuesday the 15th anniversary of the first day of large scale protests that led to the toppling of the Socialist cabinet of Zhan Videnov. The rallies flared because in two years in office, the Socialists led the country to a deep political, economic, and financial crisis, and hyperinflation. At the time, the BGN was crashing down to reach the exchange rate of BGN 1 for USD 3 000 ... [via YahooNews] More >>

For Bulgaria, It's Survival of the Weakest [Nov 24, 2011] Bulgaria is the poorest country in the eurozone, yet could escape from the current financial crisis unscathed. By Julian Popov* Aljazeera.... [via YahooNews] More >>

Bulgaria's Export May Suffer from Debt Crises in US, Europe [Aug 08, 2011] Bulgaria's export may be hit by the debt crisis in the US and many European countries, according to Georgi Stoev, economist and managing associate at Industry Watch. In a Monday interview for Darik radio, he said that the world was now much better prepared for a new wave of an economic and financial crisis and was set to face a longer period of stagnation than originally forecast. The economic ... [via YahooNews] More >>

Bulgaria's Sofia Starts 'Unfreezing' Its Construction [Apr 27, 2011] Vast construction projects in the Bulgarian capital Sofia, such as malls, office buildings, trade centers and residential buildings have been launched again as the financial crisis is slowly going away. Mall Bulgaria, Paradise Center, San Stefano Plaza, the Winslow Gardens Residential Complex, the Millennium Center office building are among the ambitious projects which have started unfreezing ... [via YahooNews] More >>

Bulgaria's Gold Standard [Mar 09, 2011] From Ben Wilterdink Americans for Tax Reform Recently, the Heritage Foundation hosted Bulgaria's Minister of Finance/Deputy Prime Minister to talk about some of the astounding reforms that have helped Bulgaria through the financial crisis.... [via YahooNews] More >>

Bulgaria's PM: We Work Hard to Be Positively Assessed [Sep 02, 2010] Bulgaria's PM has stated that the financial crisis has made all the MPs work day by day in order for Bulgaria to be positively assessed. "This is not a new political season because we did not stop working in July and August, but some political leaders came back from their vacations. [via YahooNews] More >>

Bulgaria President Demands Apology from PM Borisov [May 11, 2010] Bulgaria President Georgi Parvanov has slammed PM Boyko Borisov for wasting energy by concentrating on attacking him rather than the financial crisis. [via YahooNews] More >>

Bulgaria FinMin: Balanced April Budget to Signal End of Crisis [Apr 28, 2010] Bulgaria Finance Minister, Simeon Djankov, has backed economic data from April to show that the country is starting to recover from the financial crisis. [via YahooNews] More >>

Ex Bulgaria FM Slams Govt Anti-Crisis Measures [Apr 08, 2010] Bulgarian Socialist MEP, Ivaylo Kalfin, has stated that Bulgaria faces a severe financial crisis in 2 months time over of a lack of government earnings. [via YahooNews] More >>

Bulgaria PM Blames President for Impeachment Scandal (Novinite.com) [Mar 29, 2010] Bulgaria PM Boyko Borisov has blamed President Georgi Parvanov for starting the impeachment scandal while the country is in the middle of a financial crisis. [via YahooNews] More >>

Ex Cabinet Advisor Predicts IMF Bailout for Bulgaria (Novinite.com) [Mar 23, 2010] Bulgaria will not be able to make it in the current financial crisis without bailout aid from the IMF, according to financier Kolio Paramov. [via YahooNews] More >>

Bulgaria Govt Introduces Luxury Tax to Counter Financial Crisis (Novinite.com) [Mar 21, 2010] Bulgaria PM Boyko Borisov has stated that the flat rates for income and corporate taxes will remain but that there will be a ?Luxury? tax introduced to counter the financial crisis. [via YahooNews] More >>

PM Borisov: Bulgaria Has Entered Greek Version of Financial Crisis (Novinite.com) [Mar 21, 2010] PM Boyko Borisov has stated that Bulgaria has already entered the ?Greek version? of the financial crisis as the treasury is empty because of a huge hidden deficit. [via YahooNews] More >>

Financial Crisis Forces Bulgaria Landlords into Flexible Rents (Novinite.com) [Mar 04, 2010] The financial crisis has made landlords in Bulgaria much more flexible, enabling clients to sign 3 month rental contracts, according to real estate company Address. [via YahooNews] More >>

Bulgaria?2010 Article IV Consultation, Concluding Statement (IMF) [Mar 03, 2010] 1. In the years that preceded the global economic and financial crisis, large capital inflows into Bulgaria generated a domestic demand boom. [via YahooNews] More >>

Hanke: Bulgaria Managed to Keep Fiscal House in Order (Novinite.com) [Feb 24, 2010] Even though the Baltic States and Bulgaria have taken huge hits during the current financial crisis, they have maintained their currency board-like systems and have kept their fiscal houses in order, according to Professor Steve Hanke, architect of Bulgaria's currency board system. [via YahooNews] More >>

Bulgaria President: Unemployment Crisis Set to Worsen (Novinite.com) [Jan 22, 2010] Bulgaria President Georgi Parvanov has stated that unemployment will continue to grow over the financial crisis and that this will become the main social problem in Bulgarian society. [via YahooNews] More >>

Israel PM Advises Bulgaria to Reduce VAT over Financial Crisis (Novinite.com) [Jan 11, 2010] Israeli PM Benjamin Netanyahu has advised his Bulgaria counterpart Boyko Borisov to gradually reduce VAT as a measure to deal with the financial crisis. [via YahooNews] More >>

Bulgaria Finance Minister Predicts Difficult 2010 (Novinite.com) [Jan 04, 2010] Bulgaria Finance Minsiter, Simeon Djankov, has stated that he believes Bulgaria will come out of the financial crisis it is currently suffering in spring. [via YahooNews] More >>