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Bulgaria Confirms Lower Deficit for 2011 than Planned [Jan 05, 2012] Bulgaria's budget deficit for the elapsed 2011 is 2.1%, confirmed Thursday Bulgarian Minister of Finance Simeon Djankov. This figure is with 0.... [via YahooNews] More >>

Bulgaria Adopts 1.35% Budget Deficit for 2012 [Dec 09, 2011] Bulgaria?s Parliament has adopted at second reading the framework for the 2012 state budget within the debates on the 2012 State Budget Act late Thursday night. Thus, the MPs sealed the key figures in Bulgaria's draft budget for 2012, as defended by Minister of Finance Simeon Djankov, including a budget deficit of 1.35% of GDP, or about BGN 1.... [via YahooNews] More >>

Bulgaria's Syndicates Revolt against Retirement Age Increase [Nov 18, 2011] Bulgaria's two major syndicates have rebelled against the government's intention to up the retirement age by 1 year as of 2012. The Podkrepa Labor Confederation and the Confederation of Independent Bulgarian Syndicates (KNSB) threatened Friday to launch a general strike over the initiative of Finance Minister Simeon Djankov to increase the retirement age unilaterally while disregarding the ... [via YahooNews] More >>

Bulgaria's Finance Ministry to Scrap Methane Excise Hike [Oct 17, 2011] Bulgaria's Finance Ministry is mulling giving up on plans to introduce excise on methane from January 1, 2011, which is expected to up heating prices as well. The information was reported by the largest private TV channel bTV, citing Finance Minister, Simeon Djankov. The plans were for the methane price to go up on January 1 over the introduction of the excise duty.... [via YahooNews] More >>

Bulgaria's Katunitsa Murderer: I Thought I Hit Dog [Sep 27, 2011] The man who ran over and killed with his van 19-year-old Angel Petrov in the village of Katunitsa last Friday told the Court he failed to stop because he thought he had hit a dog. Simeon Yosifov, 55, from the Stolipinovo Roma district in the second largest Bulgarian city of Plovdiv, near Katunitsa, is charged with manslaughter, and if convicted will face 10 to 20 years behind bars, according to ... [via YahooNews] More >>

Bulgaria Ups Its Minimum Wage to BGN 270 [Sep 01, 2011] Starting Thursday, the minimum monthly wage in Bulgaria grows from BGN 240 to BGN 270 (EUR 137). According to the country's Finance Minister Simeon Djankov, the minimum wage rise will cost its state budget approximately BGN 15 ? 20 M. However, the private sector's expenses will be much higher, the Dnevnik daily points out. ... [via YahooNews] More >>

Bulgaria's Interior Minister Blasts FinMin over 'Police vs. Education' Funding [Aug 16, 2011] Bulgaria's Interior Minister Tsvetan Tsvetanov has snubbed his fellow Deputy PM, Finance Minister Simeon Djankov, shortly after the latter suggested that the 2012 state budget should redirect funds from the security sector to education. "Simeon Djankov is not the person who will say how the budget of the nation will be distributed," Tsvetanov declared Tuesday afternoon, as cited by the Focus ... [via YahooNews] More >>

FinMin: Bulgaria's Economy in Upswing, US, EU Must Learn from Us [Aug 16, 2011] Bulgaria's Cabinet is not drafting new anti-crisis measures because the Bulgarian economy is in an upswing, according to Finance Minister Simeon Djankov. "There is no risk of rising unemployment in Bulgaria. There is no risk for the deposits.... [via YahooNews] More >>

Bulgaria to Play It Cool on Euro Zone Bid over Debt Crises - FinMin [Jul 22, 2011] Bulgaria has not changed its intention to join the euro zone but it does not expect to start specific talks for accession to the ERM-2 before the situation with the euro zone debt crises clears, according to Finance Minister Simeon Djankov. "We are not going to start preliminary talks (on joining the euro) in the autumn. Our intentions (to join the euro) are not changed.... [via YahooNews] More >>

Bulgaria to Save BGN 8 M from Combining Local, Presidential Elections [Jul 01, 2011] Bulgaria is going to save about BGN 8 M by opting to hold the upcoming presidential and local elections together, according to Finance Minister Simeon Djankov. Speaking in Parliament Friday, Djankov explained that BGN 26 M have been slated under the 2011 State Budget Act for the holding of the double vote in the fall of 2011. Individual elections (i.... [via YahooNews] More >>

Bulgaria Ex Deputy PM: Former Tsar Is Best Presidential Candidate [Jun 13, 2011] Daniel Vulchev, Former Bulgarian Education Minister and Deputy Prime Minister, has termed Simeon Saxe-Coburg, former Bulgarian Tsar and Prime Minister, the best presidential candidate. In a Monday interview for the morning broadcast of Nova TV, Vulchev, who is part of the initiative committee supporting ex EU Commissioner Meglena Kuneva at the autumn 2011 presidential elections, added that Saxe ... [via YahooNews] More >>

Bulgaria Starts Rehabilitation of Abandoned Northern Road [Jun 03, 2011] A whole array of senior government officials have given the start of the rehabilitation of the road between the Northern Bulgarian cities Pleven and Lovech, its first repairs in 26 years. The road infrastructure project was opened by Deputy PM and Finance Minister Simeon Djankov, a native of Lovech, Regional Development Minister Rosen Plevneliev, and Parliament Chair Tsetska Tsacheva, who is ... [via YahooNews] More >>

Bulgaria's Rightists Divided over Proposed Fiscal Pact [May 31, 2011] The two major parties in Bulgaria's rightist 'Blue Coalition' have ended up in a discord over their support for the Financial Stability Pact, a Constitutional amendment proposed by Finance Minister Simeon Djankov. After on Monday the Democrats for Strong Bulgaria party declared on behalf of the Blue Coalition that it will not support the amendment designed to restrict budget deficit, on Tuesday ... [via YahooNews] More >>

Bulgaria FinMin 'Stability' Brainchild Enters Parliament [May 27, 2011] Bulgaria's Finance Minister Simeon Djankov submitted to parliament on Friday a plan, known as the "Financial Stability Pact", which proposes constitutional amendments in a bid to ensure the stability of state finances. The parliament is expected to set up a special commission to discuss the legal amendments needed before the proposals are put to the vote, Djankov told reporters. "I have been ... [via YahooNews] More >>

Bulgaria to End Contract with Japan Credit Rating Agency [Apr 20, 2011] Bulgaria's Cabinet has authorized Finance Minister Simeon Djankov to terminate the existing contract with the Japan Credit Rating Agency (JCRA). JCRA has been one of the four international credit rating agencies that Bulgaria's government has had contracts with; at present, Bulgaria has contracts for credit rating services only with Moody's and Standard & Poor's, after in 2010 Djankov moved to ... [via YahooNews] More >>

Bulgaria's FinMin Firm on Not Hiking Minimum Wage [Mar 29, 2011] Bulgaria's Labor Minister Totyu Mladenov should find the money if he insist on increasing the minimum monthly wage, said Finance Minister Simeon Djankov. "If he wants an increase of the minimum monthly wage, he should find the necessary money. The state budget does not have spare money for this," Djankov said on Tuesday, confirming once again his position on the proposal by Mladenov to up the ... [via YahooNews] More >>

Bulgaria to Enshrine 'Debt Alert Mechanism' in Constitution [Feb 24, 2011] EurActiv EU newcomer Bulgaria became the first country to try to adopt internally a series of measures emulating the EU 'Competitiveness Pact' proposed by France and Germany, including adding to the country's constitution a 'debt alert mechanism'. Bulgarian Finance Minister Simeon Djankov presented on 22 February plans for a 'Pact for Financial Stability'. ... [via YahooNews] More >>

Bulgaria Opens Public Debate on Financial Stability Pact [Feb 17, 2011] Bulgaria's government plans to begin next week a public debate on proposed constitutional amendments designed to bolster and guarantee the country's financial stability, the finance minister has said. "With these measures we want to show the Bulagrian citizens, the Europeans and the world that Bulgaria will be the country with the most stable financial and tax policy in Europe," Minister Simeon ... [via YahooNews] More >>

Bulgaria's 'Tanovgate': Spying Makes You Free [Jan 08, 2011] Bulgaria's 2011 election year offered a promising start. Three tapes of conversations between Customs Agency Head, Gen. Vanyo Tanov , and his superiors ? Finance Minister , Simeon Dajnkov, and Deputy Finance Minister , Vladislav Goranov ? were released at a news conference on January 5th by the Bulgarian Galeria weekly. [via YahooNews] More >>

Hundreds of Romanian firms move to Bulgaria [Dec 14, 2010] Bulgaria reported an economic growth of 0.7 per cent compared to last year, the Bulgarian Finance Minister, Simeon Djankov, stated, in an interview to ?Adevarul?. [via YahooNews] More >>