Hema Finance Logo

Financial and business news from Bulgaria

News archive

  • Negotiations on a UK-US free trade deal have been postponed indefinitely because of the coronavirus crisis, raising fresh doubts about whether a deal can be struck before the US presidential election in November, writes in. The Telegraph.
    postponed US-UK trade talks over COVID-19
    2020-04-11 14:30:16
    Negotiations on a UK-US free trade deal have been postponed indefinitely because of the coronavirus crisis, raising fresh doubts about whether a deal can be struck before the US presidential election in November, writes in. The Telegraph.
  • In the period January - February 2020 Bulgaria total exported goods amounting to 9 666.5 Million BGN which is by 2.7 percent more compared to the same period of 2019, the preliminary data of the National Statistical Institute show. In February 2020 the total exports of goods amounted to BGN 4 770.4 million and increased by 1.6 percent compared to the same month of the previous year.
    Total exports of Bulgaria increased by 2.7 percent in the period January - February
    2020-04-11 13:30:18
    In the period January - February 2020 Bulgaria total exported goods amounting to 9 666.5 Million BGN which is by 2.7 percent more compared to the same period of 2019, the preliminary data of the National Statistical Institute show. In February 2020 the total exports of goods amounted to BGN 4 770.4 million and increased by 1.6 percent compared to the same month of the previous year.
  • The leadership of US airliner Boeing (Boeing) is considering cutting 10 percent of its employees amid the coronavirus pandemic, the Wall Street Journal newspaper reports, quoted by Reuters and TASS.
    Boeing considering cutting 10% of its employees
    2020-04-11 12:30:17
    The leadership of US airliner Boeing (Boeing) is considering cutting 10 percent of its employees amid the coronavirus pandemic, the Wall Street Journal newspaper reports, quoted by Reuters and TASS.
  • Bulgargaz submitted a proposal for a new cheaper gas on May 1st to the Energy and Water Regulatory Commission, announced the company, whose CEO is Nikolay Pavlov. The price from the beginning of next month to be BGN 23.52 per megawatt hour (excluding prices for access, transfer, excise duty and VAT), the company has offered. Compared to the approved price for April, the one for May is lower by 6.67%, or by 1.68 BGN per megawatt hour.
    Gas again cheaper - from May 1 by 6.67%, probably and heating
    2020-04-11 11:30:16
    Bulgargaz submitted a proposal for a new cheaper gas on May 1st to the Energy and Water Regulatory Commission, announced the company, whose CEO is Nikolay Pavlov. The price from the beginning of next month to be BGN 23.52 per megawatt hour (excluding prices for access, transfer, excise duty and VAT), the company has offered. Compared to the approved price for April, the one for May is lower by 6.67%, or by 1.68 BGN per megawatt hour.
  • Can be rescheduled principal, interest, or both
    National Bank allowed banks to begin deferral loans
    2020-04-11 10:30:05
    Can be rescheduled principal, interest, or both
  • Former German Chancellor Gerhard Schroeder is calling for a Europe-wide debt instrument as the next step in tackling the effects of the spread of the coronavirus.
    Gerhard Schroeder: Instruments like Eurobonds should not be taboo
    2020-04-11 09:30:17
    Former German Chancellor Gerhard Schroeder is calling for a Europe-wide debt instrument as the next step in tackling the effects of the spread of the coronavirus.
  • The European Union gave the green light to a 527 million zlotys (115 million euros) scheme by the Polish government to support the economy during the period of the coronavirus pandemic, Reuters reported.
    EU approves measures of Poland against the virus for €115 million
    2020-04-11 08:30:04
    The European Union gave the green light to a 527 million zlotys (115 million euros) scheme by the Polish government to support the economy during the period of the coronavirus pandemic, Reuters reported.
  • The crisis in the airlock as a result of travel restrictions as part of the fight against the spread of the coronavirus will be overcome at best in three years, predicts the French consultancy Archery Strategists Consulting (Archery Strategy Consulting), quoted by the c.” Monde.”
    At least 3 years it will take airlines to recover from the crisis
    2020-04-11 07:30:17
    The crisis in the airlock as a result of travel restrictions as part of the fight against the spread of the coronavirus will be overcome at best in three years, predicts the French consultancy Archery Strategists Consulting (Archery Strategy Consulting), quoted by the c.” Monde.”