Expats

Bulgaria Ethnic Turks Urge IMF Deal, Cite Looming Recession [Apr 26, 2012] Bulgaria's opposition ethnic Turkish party has joined socialists in calling for an urgent deal with the International Monetary Fund (IMF), saying the country badly needs it. "It is clear that Bulgaria's economy is about to enter recession. An agreement with the IMF, if not a panacea, will assure international financial markets that the country is stable," Yordan Tsonev, an economist and Deputy ... [via YahooNews] More >>

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 >>

Bulgaria Helps EU Fail IMF Bailout Target [Dec 20, 2011] The European Union failed to table its EUR 200 B target to the International Monetary Fund to use as bailout for financially troubled members of the eurozone. EU member states, including all eurozone members, plus Denmark, the Czech Republic, Denmark and Sweden managed to gather some EUR 150 B for the rescue fund. Bulgaria was among the few countries - including also the UK, Romania and Hungary ... [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: No Need for IMF Bailout Talks, Tax Hikes [Oct 19, 2010] Bulgaria's finance minister has assured that the country will have no need to raise taxes or hold talks with the International Monetary Fund over a bailout loan for its ailing economy to bottom out of the crisis. [via YahooNews] More >>

Bulgaria's PM Watches His Ratings Slide [Oct 12, 2010] In contrast with its Balkan neighbours - Romania, Serbia and Greece - Bulgaria has survived two years of recession without having to seek an emergency loan from the International Monetary Fund. [via YahooNews] More >>

Bulgaria: No Need for IMF Bailout Talks by 2012 [Sep 02, 2010] Bulgaria's finance minister has assured that the country will have no need to hold talks with the International Monetary Fund over a bailout loan for its ailing economy in the next two years. [via YahooNews] More >>

Bulgaria Economy to Grow 0.2% in 2010, Led By Exports, IMF Says [Jun 03, 2010] June 3 (Bloomberg) -- Bulgarias economy may expand 0.2 percent in 2010, led by a recovery in exports, and inflation will moderate after last years recession, the International Monetary Fund said. [via YahooNews] More >>

IMF Warns Bulgaria against Tapping into Fiscal Reserve [May 18, 2010] The International Monetary Fund has advised Bulgaria's government to consider all available options before tapping into the fiscal reserve to battle recession and fill in the budget gap. [via YahooNews] More >>

Economy Expert Hanke Firmly against Bulgaria IMF Bailout [May 15, 2010] Bulgaria must say a firm NO to any agreements with the International Monetary Fund (IMF), according to renown economy expert Steve Hanke. [via YahooNews] More >>

Bulgaria Finance Minister: No IMF Bailout Loans, No Eurobonds [May 14, 2010] Bulgaria will not seek bailout from the International Monetary Fund and will not issue eurobonds because it does not need to, Finance Minister Djankov declared Friday. [via YahooNews] More >>

IMF Advises Bulgaria to Keep Eye on Banking System Liquidity [May 04, 2010] The Board of Directors of the International Monetary Fund has approved the annual monitoring report for Bulgaria. The report was drafted by an expert commission that visited Bulgaria in February 18-March 1, 2010. [via YahooNews] More >>

IMF Rebuts Reports of Criticism against Bulgaria Govt [Apr 15, 2010] The International Monetary Fund has vehemently denied statements made in the press about the meeting of the Mission Chief for Bulgaria Bas Bakker with the leader of the opposition conservative party "Order, Law and Justice Yane Yanev. [via YahooNews] More >>

IMF Projects Bulgaria's Budget Deficit at 1,8% in 2010 (Novinite.com) [Mar 01, 2010] The International Monetary Fund expects Bulgaria?s budget deficit to stand at 1,8% of gross domestic product this year, which totals nearly BGN 1,2 B.... [via YahooNews] More >>

IMF Wraps Up Check on Bulgaria's Readiness for ERM II (Novinite.com) [Mar 01, 2010] Officials from the International Monetary Fund (IMF), who arrived in Bulgaria February 18 to examine the country?s readiness to join ERM II, a currency stability test for euro hopefuls, will announce their results on Monday. [via YahooNews] More >>

Bulgaria Set to Apply for ERM 2 by July (Novinite.com) [Feb 18, 2010] Amid growing fears that Bulgaria's aspirations to join the euro soon may be foiled, the country's finance minister has assured officials from the International Monetary Fund that membership in the Eurozone waiting room remains top priority. [via YahooNews] More >>

EU Officials Check Bulgaria's Readiness for ERM II (Novinite.com) [Feb 18, 2010] Officials from the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF) arrive in Bulgaria February 18 to examine the country?s readiness to join ERM II, a currency stability test for euro hopefuls. [via YahooNews] More >>

EU Officials to Check Bulgaria's Readiness for ERM II (Novinite.com) [Feb 09, 2010] Officials from the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF) will arrive in Bulgaria 18 February to examine the country?s readiness to join ERM II, a currency stability test for euro hopefuls. [via YahooNews] More >>