http://www.bgnewsnet.com/ The latest bulgarian news online in English. The shortest cut to the heart of the Balkans. Section: Business. en Copyright 2002-2004, Bulgarian News Network (BNN) Tue, 13 Oct 2009 18:18:19 +0300 comment@bgnewsnet.com webmaster@bgnewsnet.com http://www.bgnewsnet.com/story.php?lang=en&sid=24524 France's utility operators Gaz de France and Dalkia are interested in the forthcoming privatisation of Sofia's steam heating company "Toplofikatsiya", minister of industry Traicho Traikov said Tuesday. Tue, 13 Oct 2009 18:04:58 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24518 Bulgaria's economy will contract by 2% next year compared to a 6.3% contraction this year, finance minister Simeon Djankov said as quoted by the media on Monday. Mon, 12 Oct 2009 12:14:57 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24510 Bulgaria's budget deficit contracted to leva (BGN) 105 million in August from BGN 565 million in July due to belt-tightening measures enforced by the new government, finance minister Simeon Djankov said Tuesady. Tue, 08 Sep 2009 20:10:58 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24503 Bulgaria's minister of finance Simeon Djankov expects the country to emerge from the economic crisis next April and is planning to cut its 20% flat-rate value added tax (VAT) to 16% between 2011 and 2013. Thu, 03 Sep 2009 12:00:50 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24502 Bulgaria expects to reverse current recession and be back to economic growth in 2011, a finance ministry forecast said Wednesday. Wed, 02 Sep 2009 11:20:36 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24490 The number of real estate deals struck in Bulgaria during the first half of 2009 has declined 42% compared to the same period of the previous year, Raiffeisen Properties reports, quoted by Novinite Dnes daily on Tuesday. Tue, 04 Aug 2009 10:22:12 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24482 Exports through Bulgaria's ports along the Danube river ports fell by 55% during the first half of 2009 compared to the same period of the previous year, data released by the Regional Customs Agency in Ruse revealed Sunday. Mon, 03 Aug 2009 07:32:16 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24463 Bulgaria's new government was expected Wednesday to start its four-year term of office with a discussion how to cut budget spending by the equivalent of 1 billion euros and forestall a fiscal gap in the end of the year. Wed, 29 Jul 2009 12:40:52 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24456 North European investment fund EQT V ltd. will acquire the shares of Bulgarian cable operator market leader Evrokom Kabel, after the Commission for Protection of Competition approved the deal Tuesday. Tue, 28 Jul 2009 11:10:26 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24440 Every Bulgarian blogger who receives money for advertising on his web page will have to pay taxes and social insurance, 24 Chasa daily reports Saturday, citing instructions from the National Revenue Agency. Sat, 25 Jul 2009 10:53:14 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24434 Japan's JCR reconfirmed Bulgaria's credit ratings of BBB for loans in foreign currency and BBB+ for ones in domestic currency, the Ministry of Finance reported Friday. Fri, 24 Jul 2009 15:00:45 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24414 Bulgaria ought to plan some belt-tightening to avoid a budget deficit, outgoing Finance Minister Plamen Oresharski said Monday. Mon, 20 Jul 2009 16:28:40 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24410 Sever per cent more tourists from Bulgaria are expected to visit the country's resorts this year compared to 2008, Rumen Draganov of the Institute for Analysis and Valuation of Tourism told Novinite Dnes daily Monday. Mon, 20 Jul 2009 10:09:42 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24409 The growth in Bulgaria's insurance sector slowed down to 4% on an annual rate, the chairman of the Association of Bulgarian Insurers, Orlin Penev told Novinite Dnes daily. Mon, 20 Jul 2009 08:44:17 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24407 Over 10,000 Bulgarian companies may stop monthly payments on their loans if the banks don't accept the financial crisis as a force majeure condition and agree to lower interest on payments, Novinite Dnes daily reports Friday. Fri, 17 Jul 2009 15:13:19 +0300 http://www.bgnewsnet.com/story.php?lang=en&sid=24393 The crisis in the tourism sector will have a direct impact on the consumption of beer in Bulgaria during the summer season when it is usually in its peak, AB InBev's Balkan operations director Raymond de Veirman commented Tuesday. Wed, 15 Jul 2009 16:20:16 +0300