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Financial and business news from Bulgaria

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  • We haven't made redundant and we're not going to lay off a single person. Wages will not be reduced. This was stated by Nova TV Prof. Nikolay Valkanov, Chairman of the Bulgarian Mining and Geological Chamber and Deputy Chairman of KRIB.
    Prof. Nikolay Valkanov: Business should help the state
    2020-04-01 18:30:17
    We haven't made redundant and we're not going to lay off a single person. Wages will not be reduced. This was stated by Nova TV Prof. Nikolay Valkanov, Chairman of the Bulgarian Mining and Geological Chamber and Deputy Chairman of KRIB.
  • The President of the National Assembly Tsveta Karayancheva convenes an extraordinary session of the parliament on April 2, 2020 at 13.00. This was announced by the press center of the National Assembly.
    Parliament with extraordinary meeting FAKSIMILE
    2020-04-01 17:30:16
    The President of the National Assembly Tsveta Karayancheva convenes an extraordinary session of the parliament on April 2, 2020 at 13.00. This was announced by the press center of the National Assembly.
  • Manage your payments online — quickly, conveniently and easily through the “Internet Banking” system. The service provided allows customers of the bank electronically from anywhere to continue to perform the necessary payment operations without visiting a physical financial center of the bank.
    Investbank AD urges its clients to choose security using the Internet Banking service
    2020-04-01 16:30:18
    Manage your payments online — quickly, conveniently and easily through the “Internet Banking” system. The service provided allows customers of the bank electronically from anywhere to continue to perform the necessary payment operations without visiting a physical financial center of the bank.
  • Global oil output from April to June could fall by 10 million barrels per day due to filling repositories and declining demand amid the spread of the new coronavirus. This is predicted by the consulting company I.H.S. Markit (IHS Markit), quoted by Bloomberg.
    Global oil output could fall by 10m barrels per day
    2020-04-01 15:30:18
    Global oil output from April to June could fall by 10 million barrels per day due to filling repositories and declining demand amid the spread of the new coronavirus. This is predicted by the consulting company I.H.S. Markit (IHS Markit), quoted by Bloomberg.
  • The World Bank expects that the coronavirus pandemic will significantly slow the economic growth of China and the countries of East Asia and the Pacific, with millions of people falling into poverty, the Associated Press reported.
    World Bank: COVID-19 to deal severe blow to Asian economy
    2020-04-01 13:30:17
    The World Bank expects that the coronavirus pandemic will significantly slow the economic growth of China and the countries of East Asia and the Pacific, with millions of people falling into poverty, the Associated Press reported.
  • With judicial decisions entered into force, the anti-corruption commission took away property for the benefit of the state last year for BGN 8,777 714.51. This is clear from the report submitted to the National Committee.
    The Anti-Corruption Commission took over BGN 8.7 million in 2019
    2020-04-01 12:30:16
    With judicial decisions entered into force, the anti-corruption commission took away property for the benefit of the state last year for BGN 8,777 714.51. This is clear from the report submitted to the National Committee.
  • In January 2020 compared to the same month of the previous year the production of: LPG mixtures - by 11.1 percent; natural gas - by 100 percent. Decreases production of: solid fuels - by 33.5 per cent; unleaded petrol - by 6.3 per cent; diesel - by 9.1 per cent; electricity - by 13.3 per cent. This was reported by the National Statistical Institute.
    Solid fuel production declines by 33.5% in January
    2020-04-01 11:30:17
    In January 2020 compared to the same month of the previous year the production of: LPG mixtures - by 11.1 percent; natural gas - by 100 percent. Decreases production of: solid fuels - by 33.5 per cent; unleaded petrol - by 6.3 per cent; diesel - by 9.1 per cent; electricity - by 13.3 per cent. This was reported by the National Statistical Institute.
  • Against the backdrop of the pandemic, the Dutch florist industry has seen drastic losses, Nova TV reports.
    Floriculture in the Netherlands marks losses (Photos)
    2020-04-01 08:30:15
    Against the backdrop of the pandemic, the Dutch florist industry has seen drastic losses, Nova TV reports.