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Bulgaria proposes to take over EU truck cargo, drive it to Turkey
27 Mar 2020Bulgarian Prime Minister Boyko Borisov will propose to EU leaders during their teleconference on Thursday (26 March) that his country would transship goods of trucks from EU countries going to Turkey. view more
Bulgarian PM pledges 2.3 bln euro to support businesses, jobs through coronavirus
26 Mar 2020Bulgaria will introduce a package of financial measures worth 4.5 billion levs ($2.5 billion/2.3 billion euro) to support businesses under strain from the coronavirus disease (COVID-19) and preserve jobs, prime minister Boyko Borissov said.
Bulgaria to re-allocate 20.7 mln euro to buy medical equipment against COVID-19
25 Mar 2020Bulgaria's regional development ministry said on Tuesday that it will re-allocate 40.4 million levs ($22.3 million/20.7 million euro) to the health ministry for the procurement of medical equipment and protective gear needed to curb the spread of the coronavirus disease (COVID-19).
Lenders drag Sofia bourse blue-chip index lower, Fibank falls most
24 Mar 2020Banks led blue-chip decliners on the Bulgarian Stock Exchange on Monday, as the overall bearish mood on stock markets caught up with them after they ended last week on a high note. view more
Bulgarian Development Bank pledges support for local SMEs amidst coronavirus crisis
23 Mar 2020The Bulgarian Development Bank (BDB) will implement a set of programmes aimed at mitigating the negative effect of the coronavirus disease (COVID-19) pandemic on local small and medium-sized enterprises (SMEs), it said on Friday.
Bulgarian Expat's ASE-based ETF gets orders to issue 20,000 shares
20 Mar 2020Expat Greece ASE UCITS ETF, managed by Sofia-based Expat Asset Management, has received orders on the primary market to issue 20,000 shares, data from the management company's website shows. view more
Villeroy & Boch in talks to buy owner of Bulgaria's Ideal Standart-Vidima
19 Mar 2020Germany-based ceramic products manufacturer Villeroy & Boch is still in talks for acquisition of Belgium-based Ideal Standard International, the parent company of Bulgarian bathroom sanitary ware producer Ideal Standart-Vidima, despite the coronavirus crisis, German media reported. view more
Coronavirus impact on CESEE to be worst since global financial crisis - WIIW
18 Mar 2020The Vienna Institute for International Economic Studies (WIIW) said on Tuesday that countries in Central, East and Southeast Europe (CESEE) are set for their worst year since the global financial crisis in 2007-2008 due to the coronavirus pandemic.
Bulgaria's jobless rate edges down to 6.2% at end-Feb
17 Mar 2020Bulgaria’s registered unemployment rate decreased to 6.2% at the end of February from 6.3% at the end of January, the government's employment agency said on Monday. view more
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ING lowers 2020 GDP growth forecasts for Romania, Bulgaria, Serbia, Croatia
16 Mar 2020Dutch banking and financial group ING said on Friday it has revised downwards its 2020 growth forecast for Romania, Bulgaria, Serbia and Croatia amid the coronavirus outbreak, while keeping unchanged its growth estimates for 2021.