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Financial and business news from Bulgaria

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  • All four organizations - KRIB, AICB, BSP and BCCI, united in the Association of Bulgarian Employers' Organizations, issued a common position against the advance levies to be paid based on the profits of 2018.
    Employers unanimously against a down payment of corporate tax
    2020-03-21 12:30:18
    All four organizations - KRIB, AICB, BSP and BCCI, united in the Association of Bulgarian Employers' Organizations, issued a common position against the advance levies to be paid based on the profits of 2018.
  • Dental clinics have started dangerous and unfair promotions that can lead to the spread of coronavirus contamination. They are taking advantage of a part of the dentists having closed as a precaution and trying to attract people with promotions.
    Dentists violate safety measures, make promotions
    2020-03-21 11:30:18
    Dental clinics have started dangerous and unfair promotions that can lead to the spread of coronavirus contamination. They are taking advantage of a part of the dentists having closed as a precaution and trying to attract people with promotions.
  • The banking system is stable and the BNB is keeping track of things. This is what Minister of Economy Emil Karanikolov told Nova TV.
    Karanikolov: Our banking system is stable (Renovated)
    2020-03-21 10:30:05
    The banking system is stable and the BNB is keeping track of things. This is what Minister of Economy Emil Karanikolov told Nova TV.
  • The Czech government will compensate firms harmed by measures to slow the spread of the coronavirus by taking on some of their wage costs, Prime Minister Andrej Babis reported as quoted by Reuters.
    Czech Republic takes 80% of salaries in firms hit by measures against Covid-19
    2020-03-21 09:30:08
    The Czech government will compensate firms harmed by measures to slow the spread of the coronavirus by taking on some of their wage costs, Prime Minister Andrej Babis reported as quoted by Reuters.
  • The Spanish government has ordered all hotels in the country to be closed because of the spread of the coronavirus outbreak, the health ministry said, as cited by global agencies.
    Spain: All hotels in country to close due to Covid-19 outbreak
    2020-03-21 08:30:16
    The Spanish government has ordered all hotels in the country to be closed because of the spread of the coronavirus outbreak, the health ministry said, as cited by global agencies.
  • The Bank of England announced on Friday that it was cancelling this year's stress test of eight major banks and building societies to allow them to focus on providing credit during the coronavirus crisis.
    Bank of England cancels annual stress test of banks
    2020-03-21 07:30:05
    The Bank of England announced on Friday that it was cancelling this year's stress test of eight major banks and building societies to allow them to focus on providing credit during the coronavirus crisis.
  • BNB put into circulation the new 20 BGN banknote. It is the third in the 2020 series, BNT relays.
    BNB put into circulation the new 20 BGN banknote
    2020-03-21 06:30:17
    BNB put into circulation the new 20 BGN banknote. It is the third in the 2020 series, BNT relays.
  • In the realm of property trading and education in the last quarter of 2019, there was the greatest growth in employers' salaries and insurance spending. This is what NSI figures circulated on Friday show. The increase was 19.6%, respectively, and 16.7% from a year earlier. Total for the entire economy, growth is 11.9% year-on-year.
    Trade in property and education with highest growth in wage costs
    2020-03-21 05:30:15
    In the realm of property trading and education in the last quarter of 2019, there was the greatest growth in employers' salaries and insurance spending. This is what NSI figures circulated on Friday show. The increase was 19.6%, respectively, and 16.7% from a year earlier. Total for the entire economy, growth is 11.9% year-on-year.