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Kristalina Georgieva

IMF Chief Kristalina Georgieva faces serious accusations

IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China. According to an independent report by law..

17.09.21 15:25 |

Sofia's long-term credit rating remains stable

The international rating agency Standard & Poor's (S&P) has confirmed the stability of Sofia's long-term credit rating - BBB, which is equal to Bulgaria's rating , the Sofia Municipality announced. According to the agency, the national GDP per..

31.08.21 12:37 |

Effects of inflation in Bulgaria are already palpable

The rise in the price of electricity and fuels has led to rising food prices. Gasoline and diesel prices have been the highest since the beginning of the pandemic and are likely to continue to affect the chain, CITUB economist Lyuben..

22.08.21 13:53 |
MP Karimanski

Budget update requires at least three more weeks

The realistic deadline for updating the budget is three weeks from now, Lubomir Karimanski, chairman of the parliamentary budget committee and MP of "There Is Such a People", has told BNR. According to him, the President and..

19.08.21 09:24 |

Caretaker Minister of Economy Kiril Petkov: We stay part of Bulgaria’s political life

"In one way or another we will monitor the way things happen; unlike the past, when we just protested." This is how caretaker Minister of Economy Kiril Petkov answered the question whether he would continue his career as a politician...

08.08.21 12:01 |

Business is worried about lack of political clarity

The Bulgarian Industrial Capital Association has called for an open dialogue on priorities and policies, as well as on the composition of the future government. The country needs a parliament and a government, not new elections, employers said...

19.07.21 14:37 |

EBRD: Bulgaria’s GDP to increase by 4.5% in 2021

Bulgaria’s gross domestic product will grow by 4.5% this year and by 4% in 2022, stronger than previously expected, indicates the June forecast of the European Bank for Reconstruction and Development, reported BGNES. In 2020, which was marked by the..

29.06.21 18:03 |

Check by Ministry of Economy shows dams were repaired at inflated prices

Dams have been repaired at prices five times higher than market ones, Economy Minister Kiril Petkov said after inspecting three reservoirs in the districts of Sliven and Lovech. According to him, the dams were empty after 2. 5 million euros were..

14.06.21 15:41 |
Levon Hampartzoumian

Bulgarian Business Leaders Forum grants 2020 Responsible Business Awards

The Bulgarian Business Leaders Forum has granted the 2020 Responsible Business Awards. The main objective of the annual awards is to give credit to companies with remarkable record in the field of corporate social responsibility and encourage other..

11.06.21 11:14 |
(L to R) Finance Minister Assen Vassilev, Galab Donev and Kiril Petkov

Government revives economy with quick loans state guarantees

“A gradual transition is apparent in the country - from a closing of the economy to a revival and recovery. This is confirmed also by the level of unemployment, which as of 2 June stood at 5.65%, a drop of 37% compared to a year earlier,” Minister of..

04.06.21 12:43 |
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