Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘GERB’

Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading

Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading

The Bulgarian Parliament will vote on second reading Wednesday and Thursday legislation relating to Bulgaria’s state budget for 2012. Prior to that, the Bulgarian government had agreed with trade unions not to up the retirement age before 2021, and had signed an agreement with representatives of farmers regarding much larger subsidies than those stipulated in [...]

Bulgarian Cabinet Firm on Not Surrendering to Farmers

Bulgarian Cabinet Firm on Not Surrendering to Farmers

They insisted on a meeting with Borisov and his Deputy, Finance Minister, Simeon Djankov, but did not get a positive response. Meanwhile, the demonstrators, represented by the National Grain Producers Association, were invited to meet with Agriculture Minister, Miroslav Naydenov, but declined the invitation on the grounds he is not authorized to sign any decisions. [...]

Ex-FinMin: Bulgaria’s Fiscal Policy Deepens Economic Crisis

Ex-FinMin: Bulgaria’s Fiscal Policy Deepens Economic Crisis

The fiscal policy of PM Boyko Borisov‘s center-right GERB cabinet only leads to a prolonging the period of depression in Bulgaria’s economy, according to former Minister of Finance Plamen Oresharski. Oresharski commented two years after Borisov’s GERB part swept general elections on July 5, 2009. “The collectibility of revenue has visibly dropped, excessive budget deficits [...]

Bulgarian FinMin: We’ll Get Richer Than Romania in No Time!

Bulgarian FinMin: We’ll Get Richer Than Romania in No Time!

The average incomes of Bulgarians will surpass those of Romanians in two years, Bulgaria‘s Finance Minister Simeon Djankov vowed on Tuesday. Djankov announced his ambitious plan speaking before the private bTV channel. He pointed out the Bulgarian GDP per capita expressed in Purchasing Power Standards is 43% of the EU average, while Romania‘s is just [...]

Bulgarian Govt Moves to Found Mega-Structure for Infrastructure

Bulgarian Govt Moves to Found Mega-Structure for Infrastructure

Bulgaria’s government is certain to set up a state-owned mega-company to be in charge of large-scale infrastructure projects, a somewhat controversial brainchild of Regional Development Minister Rosen Plevneliev. The new infrastructure company will be called State Company “Strategic Infrastructure Projects”. It is to be established as on Thursday, the Bulgarian Parliament adopted amendments to the [...]

Bulgaria’s Ex Right-Wing FM Ready to Run for President

Bulgaria’s Ex Right-Wing FM Ready to Run for President

Bulgaria’s former foreign minister and current member of the European Parliament, Nadezhda Neynski, formerly Mihaylova, has confirmed plans to join the race for president in the autumn. “I believe I am fit to run for the presidential office, which is the reason why I have agreed that my party debates my nomination,” Neynski told the [...]

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