The war in Ukraine caused panic on the Bulgarian capital market. Sofia bourse's SOFIX index fell 7.6% to 533.29 after 1 hour of trading on March 7. This is the biggest drop for the last 9 months. It surpassed the previous low on January 11, 2021, when SOFIX fell to 650.71 points, investor.bg reported.
European bourses opened in the dark red in anticipation of a possible EU ban on Russian oil imports.
“Sanctions and the war in Ukraine affect the economy unpredictably - Innovation and Growth Minister Daniel Lorer told an economic forum in Varna. - I only dare say that they will speed the transition of Europe to alternative energy sources.”
According to Lorer, cutting off Russian gas supplies would be the last instrument of sanctions.
The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
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