President of the World Bank Robert Zoellick praised the Bulgarian government for successfully tackling the global economic crisis on his official visit to the country Monday. “I came hear to learn and listen,” said Zoellick, adding that in the situation of heavy economic crisis Bulgaria is doing “not worse than most” and that achieved results [...]
Bulgaria’s Finance Ministry and Minister, Simeon Djankov, are ready with directions for State companies for the selection of banks to serve their accounts. The Directions for Applying Good Practices in the Selection of an Executor of Financial Services are valid for companies entirely owned by the State, for those where 50% of the shares are [...]
World Bank Group President, Robert B. Zoellick, will visit Bulgaria, Moldova, and Latvia on August 9 – 13, a WB press release informs Friday. Zoellick’s goals include meeting with government leaders, business people, think tanks, civil society, and visiting projects to discuss development issues and the impact of the global economic crisis. “Europe and Central [...]
Bulgaria’s Cabinet has approved the merging of the existing inspectorates of the Finance Ministry, the Customs Agency, and the National Revenue Agency. The decision was adopted during the regular government meeting on Wednesday. With it, the government is aiming at “achieving greater objectivity and impartiality” in the control and supervision of the respective institutions. The [...]
The average wage in Bulgaria during the second quarter of 2010 is up nearly 9% year on year, according to data published by the National Statistics Institute (NSI) Monday. Compared to the first quarter of 2010, salaries went up by 3.4% to reach BGN 640 a month on average. The largest wage increase in June, [...]
Bulgaria’s export to non-EU countries grew by 44.1% in the first half of 2010 year-on-year, according to preliminary data of the National Statistical Institute. Thus, in January-June 2010, Bulgaria exported outside the EU goods and services worth a total of BGN 5.4 B. Over 50% of the Bulgarian non-EU exports went to Turkey, Serbia, Russia, [...]
The Bulgarian Minister of Transport has announced that the country will request a loan from the World Bank for helping the Bulgarian State Railway Company BDZ. The Bulgarian private TV channel bTV has reported that there have been negotiations with the president of the President of the World Bank, Robert B. Zoellick, for a loan needed for [...]
Exclusive interview of Novinite.com (Sofia News Agency) with Kristalina Georgieva, EU Commissioner for Humanitarian Aid, International Cooperation and Crisis Response. Kristalina Georgieva was born on August 13, 1953, in Sofia, Bulgaria. She earned her MA in Political Economy and Sociology in 1976 and her Ph.D. in economics in 1986 from the University of National and [...]
Parma is expected to keep Valeri Bojinov permanently by reaching an agreement with Manchester City within days, Italian media reported. Reports suggest City want EUR 4 M for the hitman, who has made an impressive performance since joining the Ducali on loan last summer, scoring eight goals in 29 games. Parma however is expected to [...]
Bulgaria marks Wednesday, June 2, the 134th anniversary of the death of one of the most prominent Bulgarians – the publicist, poet and revolutionary Hristo Botev, who gave his life for Bulgaria’s independence. The anniversary will be commemorated all over Bulgaria with official ceremonies and laying of wreaths. At precisely 12 noon sirens invite people [...]
World Bank President Heaps High Praise on Bulgarian Govt
Bulgarian State Companies with New Orders for Bank Selection
World Bank President Robert Zoellick Heads for Bulgaria
Bulgaria Consolidates Control of Finance, Customs, Tax Authorities
Average Wage in Bulgaria Up 9% Q2 Y/Y
Bulgaria with Staggering Export Growth to Non-EU States in 2010 H1
Bulgarian State Railroads to Request Loan from World Bank
