All News on Economics in Bulgaria
Bulgaria's State Debt Rose by BGN 1 B in June
Bulgaria's state debt as of end of June 2014 has reached EUR 8.11 B, shows the monthly state debt bulletin of the Finance Ministry.
Just within a month (June) it increased by nearly BGN 1 B (EUR 489.2 M).
The main reason for this was the extraordinary floating of state obligations worth BGN 1.228 to provide liquidity to the country's banking sector.
EIB to Assist Bulgarian Railway Infrastructure Co in Tariff Formation
The European Investment Bank (EIB) is to provide technical aid to Bulgaria's National Company Railway Infrastructure (NRIC).
The EIB is to cooperate with Bulgaria's NRIC on the formation of a tariff policy for the access and use of the railway infrastructure under the Operational Program "Transport" 2007-2013.
Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M
Bulgaria with Second Lowest Debt-to-GDP Ratio in EU in Q1, 2014
At the end of the first quarter of 2014, Bulgaria's government debt increased by 1.4 percentage points from the last quarter of 2013 and by 2.3 pp from the first quarter of 2013, to 20.3% of the GDP, according to Eurostat.
In the last quarter of 2013 the government debt amounted to 18.9% of the GDP and in the first quarter of 2013 it stood at 18.0% of the GDP.
Tzvetan Vasilev: Policy on CorpBank 'Destroy House to Build Cabin'
Serbian minimum wage: Under one euro per hour
Bulgaria Wins Balkan Prize
Every country aims to lower inflation, unemployment and lending rates, while increasing gross domestic product (GDP) per capita. Through a simple sum of the former three rates, minus year-on-year per capita GDP growth, I constructed a misery index that comprehensively ranks 89 countries based on misery. The table below is a sub-ranking of all Balkan states presented in the full index.
Bulgaria Records Highest Annual Deflation Levels in EU
Unemployment Rates in Bulgaria Post Slight Decline in June
Unemployment rates in Bulgaria have recorded a slight decrease in June, according to the National Employment Agency.
A total of 10.7% of Bulgarians were unemployed in June which is some 0.5 percent less than the levels recorded in May.
In June, the unemployment rates marked the most dramatic decline since 2004 - some 16,000 fewer unemployed.
First Investment Bank Lures Old Customers With Interest Rates
Investments In Gold, Precious Metals Increase – Brokers
Some 20% of Cigarettes in Bulgaria Contraband
Number of Unemployed Bulgarians Drops Below 400 Thousand – Eurostat
In May, the unemployment rate in Bulgaria preserved its level from April and was 11.9%, but decreased by 1.1% compared to May 2013, according to Eurostat.
A total 399,000 Bulgarians were unemployed in May 2014 compared to 402,000 in April and to 439,000 a year ago, the latest data of the European Statistical Office shows.