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Financial and business news from Bulgaria

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  • “If we abstract from the crisis, the banks are as well as the customers. That is, when there are troubled customers, and banks are struggling. Banks will do what is necessary to help but cannot compensate at 100%. Banking institutions have been given tools to be able to show flexibility, support and solidarity,” financier Levon Hampartzumyan said on the air of Hello, Bulgaria.
    Levon Hampartzumyan revealed how well Bulgarian banks are currently
    2020-04-03 03:30:16
    “If we abstract from the crisis, the banks are as well as the customers. That is, when there are troubled customers, and banks are struggling. Banks will do what is necessary to help but cannot compensate at 100%. Banking institutions have been given tools to be able to show flexibility, support and solidarity,” financier Levon Hampartzumyan said on the air of Hello, Bulgaria.
  • Despite the complicated economic situation, Bulgaria's rating for now remains at B2 level - a “moderate risk” of late payments and bad claims, according to a report by Euler Hermes, a commercial credit insurance company, Monitor wrote in a report.
    Good financial news for the Bulgarian economy
    2020-04-03 02:30:18
    Despite the complicated economic situation, Bulgaria's rating for now remains at B2 level - a “moderate risk” of late payments and bad claims, according to a report by Euler Hermes, a commercial credit insurance company, Monitor wrote in a report.
  • A great ceriose in the iconomicata should be awaits Bulgaria. I will have a po-málco optrieblenie, a po-golemi rázhodi.
    Economist outlined the size of the crisis in Bulgaria's economy because of COVID-19
    2020-04-03 01:30:17
    A great ceriose in the iconomicata should be awaits Bulgaria. I will have a po-málco optrieblenie, a po-golemi rázhodi.
  • A donation of 100 000 leva is received to the Hospital “Prof. Dr. Paraskev Stoyanov” through Lovech Municipality, donors are the famous family Petar and Margarita Domuschievi.
    Domuschievi family with generous gesture to Lovech hospital
    2020-04-03 00:30:16
    A donation of 100 000 leva is received to the Hospital “Prof. Dr. Paraskev Stoyanov” through Lovech Municipality, donors are the famous family Petar and Margarita Domuschievi.
  • “There is categorically no risk of transferring coronavirus through food. We follow all scientific opinions that come out at different institutes around the world. There is no evidence that contamination by such transmission is possible. ' This is what the Minister of Agriculture, Food and Forestry Desislava Taneva told NOVA.
    Taneva: No risk of transferring coronavirus through food
    2020-04-02 22:30:18
    “There is categorically no risk of transferring coronavirus through food. We follow all scientific opinions that come out at different institutes around the world. There is no evidence that contamination by such transmission is possible. ' This is what the Minister of Agriculture, Food and Forestry Desislava Taneva told NOVA.
  • Italian Economy Minister Roberto Gualtieri said on Wednesday that the country's biggest business lobby's forecast of a 6% gross domestic product decline this year because of the coronavirus crisis was entirely realistic, BNR reports.
    Roberto Gualtieri: Italy's GDP decline by 6% in 2020 is realistic
    2020-04-02 21:30:18
    Italian Economy Minister Roberto Gualtieri said on Wednesday that the country's biggest business lobby's forecast of a 6% gross domestic product decline this year because of the coronavirus crisis was entirely realistic, BNR reports.
  • German households stockpiling of essential goods amid expected tight restrictions and quarantine measures led to strong growth in retail sales in February. This is what official figures published today, quoted by Reuters.
    A spike in German retail sales because of the pandemic stock
    2020-04-02 20:30:18
    German households stockpiling of essential goods amid expected tight restrictions and quarantine measures led to strong growth in retail sales in February. This is what official figures published today, quoted by Reuters.
  • The Council of Ministers identified the border crossings on Bulgarian territory, through which the smooth passage of goods will be ensured along the “green corridors” along the European road network.
    The Cabinet has identified border crossings through which goods should be imported along the “green corridors”
    2020-04-02 16:30:16
    The Council of Ministers identified the border crossings on Bulgarian territory, through which the smooth passage of goods will be ensured along the “green corridors” along the European road network.