Novinite.com Interview with Iliya Keleshev, Chair of Bulgaria’s Branch Chamber on Machine Building. You have been the Chair of the Bulgarian Branch Chamber for Machine Building since it was set up in 1991. What happened with the machine building sector in Bulgaria over the last 20 years of post-communist transition? How would you compare the [...]
December 13, 2009 | Posted in
Interview |
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Regardless when Bulgaria is going to recover from the economic crisis, it will not be able to achieve the pre-crisis levels of growth and low unemployment. This was stated Saturday by the Bulgarian Vice President of the World Bank, Kristalina Georgieva, in an interview for Darik Radio. Georgieva said the government on the GERB party [...]
November 7, 2009 | Posted in
Finance |
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Bulgaria’s banking system is stable and has good indicators, according to Bulgarian National Bank Governor, Ivan Iskrov. During the Fourth Annual Meeting of Government and Business in Sofia Tuesday, Iskrov said the banking system in the country had high capital adequacy, and continued to be profitable. He cited data showing that in the first nine [...]
November 4, 2009 | Posted in
Finance |
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The foreign direct investments in Bulgaria in 2009 are going to be less than 50% of the EUR 6,5 B the country attracted in 2008. This becomes clear from data of the Bulgarian National Bank and forecasts by analyzers, as cited by the Pari Daily. Preliminary BNB data shows that in January-August 2009 Bulgaria attracted [...]
November 4, 2009 | Posted in
Business |
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Some 20% of all small hotels in the Bulgarian capital Sofia will be closed down by the end of 2009 as a result of the economic crisis. This has been forecast by the Sofia Municipal Company “Tourist Service”, as quoted by the Sega Daily. According to data provided by “Tourist Service”, by the end of [...]
October 18, 2009 | Posted in
Business |
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