Expats

Bulgaria's Socialist Opposition Call for IMF Aid [Apr 21, 2012] A leading politician from the opposition Bulgarian Socialist party has called for an urgent deal with the International Monetary Fund, saying the country badly needs it. "We need the IMF to restore Bulgaria's financial policy, bring it back to where it was before the center-right government of GERB took office in 2009," former Energy and Economy Minister Rumen Ovcharov said on Saturday in an ... [via YahooNews] More >>

Bulgaria is surely the IMF?s idea of a model EU member [Dec 23, 2011] from The Financial Times a letter from Ivan Iskrov, Governor of the Bulgarian National Bank Sir, In your report "Eurozone ready to contribute ?150bn to IMF" (December 19), while discussing the non-eurozone countries' share in the ?200bn contribution to the International Monetary Fund, as targeted at the latest European Council summit, you make the following claim: "Other EU governments, such as ... [via YahooNews] More >>

IMF Mission Starts Visit to Bulgaria [May 10, 2011] A mission of the International Monetary Fund will visit Bulgaria's capital Sofia during the period May 10-20 to hold regular bilateral discussions on economic policies with the Bulgarian authorities. This is part of the IMF's surveillance under Article IV of the IMF's Articles of Agreement. The mission will be headed by Mrs.... [via YahooNews] More >>

Bulgaria's FinMin Gives Thumbs Down to Loan from IMF [Jul 16, 2010] Bulgaria's Finance Minister Simeon Djankov has announced that the country will not be taking a loan from IMF. The country does not need to take a loan for now. [via YahooNews] More >>

IMF Warns Bulgaria against Tapping into Fiscal Reserve [May 18, 2010] Tonny Lybek, IMF Resident Representative in Bulgaria and Romania, confirmed that Bulgaria has not approached the fund with a request for signing a stand-by agreement. [via YahooNews] More >>

Bulgaria Govt's Allies Insist on Getting IMF Bailout Aid [May 12, 2010] Bulgaria's rightist leader Ivan Kostov (standing) has demanded that government should ask the IMF for a bailout loan. Photo by BGNES [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 Finance Minister Lauds IMF Forecasts (Novinite.com) [Mar 01, 2010] Bulgaria Finance Minister, Simeon Djankov, has stated that the fact that Bulgaria?s own forecasts coincide with those that the IMF announced Monday is a ?great success?. [via YahooNews] More >>

(AFX UK Focus) 2010-03-01 11:24 UPDATE 1-IMF raises Bulgaria 2010 outlook, sees 0.2 pct growth (Interactive Investor) [Mar 01, 2010] SOFIA, March 1 (Reuters) - The IMF on Monday raised its outlook for Bulgaria's economy, forecasting growth of 0.2 percent this year, against a previous projection for a 2.5 percent contraction, as the global recovery had boosted exports. It also revised its forecast for Bulgaria's budget deficit this year to 1.8 percent of GDP, from 2.0 percent previously, the IMF's mission chief, Bas Bakker ... [via YahooNews] More >>