Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘finance minister’

Bulgaria’s EconMin Vows Bulgartabac Buyer to Be Known ‘Soon’

Bulgaria’s EconMin Vows Bulgartabac Buyer to Be Known ‘Soon’

The name of the actual buyer of the State-owned cigarette-maker monopoly Bulgartabac is going to be revealed very soon, Economy and Energy Minister, Traicho Traikov, promised. Speaking Saturday from the Black Sea city of Varna, Traikov, however, stressed that the most important issue was who the investor is, not the buyer. He added that there [...]

Bulgaria’s Rulers Back Out of Universal Pension Raise

Bulgaria’s Rulers Back Out of Universal Pension Raise

The Bulgarian government of the center-right party GERB plans to raise the retirement pensions only of widows, according to the latest announcement of Finance Minister Simeon Djakov. According to Djankov, the state budget cannot afford to raise all pensions, as Prime Minister Boyko Borisov and Labor Minister Totyu Mladenov had indicated earlier. Instead, the government [...]

Bulgarian FinMin Focuses on ‘Financial Stability Pact’, Leaves Euro Bid Aside

Bulgarian FinMin Focuses on ‘Financial Stability Pact’, Leaves Euro Bid Aside

Bulgaria‘s Finance Minister Simeon Djankov plans to dedicate all of his efforts to the passing of Constitution amendment guaranteeing stable state finances, known as the “Financial Stability Pact.” The measures termed “Financial Stability Pact” were first announced by Djankov on February 8 at a lecture at the New Bulgarian University in Sofia following the US [...]

Bulgaria Opens Public Debate on Financial Stability Pact

Bulgaria Opens Public Debate on Financial Stability Pact

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 [...]

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