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Bulgaria Ruling GERB Ministers Clash over Alcohol Tax Hike

Finance | November 20, 2009, Friday
Bulgaria's Agriculture Minister, Miroslav Naydenov, insists on a broader discussion regarding the 2010 increase of the alcohol tax....

Bulgaria Ex-Finance Minister Accuses Successor of Lying

Finance | November 20, 2009, Friday
The deplorable financial state of the country is the biggest lie of the new cabinet, former Finance Minister, Plamen Oresharski, declared Friday....

Bulgaria Parliament Presents New Twist on Alcohol, Cigarettes Tax

Finance | November 19, 2009, Thursday
The Members of the Bulgarian Parliament offered Thursday the latest surprise regarding the alcohol and cigarettes tax increase. ...

Finance Minister: Bulgaria's 2010 Budget Best in EU

Finance | November 17, 2009, Tuesday
Bulgaria's new finance minister has expressed confidence that next year's budget, described as a model of excellence for EU member states, safeguards the country's currency board regime and points to its exit from the global crisis....

Bulgaria Socialist Leader Boycotts Budget Vote

Finance | November 17, 2009, Tuesday
The leader of the Bulgarian Socialist Party and former Prime Minister Sergey Stanishev has admitted to skipping the parliamentary session, which adopted at first reading the budget bill for next year without much debate....

Bulgaria MPs Discuss Djankov's 'Pizza' State Budget 2010

Finance | November 17, 2009, Tuesday
Bulgarian Parliament is going to discuss Tuesday at first reading the draft 2010 State Budget bill proposed by the GERB government and Finance Minister Simeon Djankov....

Bulgaria Socialists to Vote against Austerity Budget 2010

Finance | November 16, 2009, Monday
The formerly ruling Bulgarian Socialist Party has decided to vote in Parliament against the budget bill for 2010, saying it will fuel poverty and unemployment rates....

EBRD to Provide EUR 20 M Loan to Allianz Bank Bulgaria

Finance | November 16, 2009, Monday
The European Bank for Reconstruction and Development (EBRD) is considering providing a EUR 20 M senior loan to the country's 13th largest Allianz Bank Bulgaria (ABB), a note on the website of EBRD reads....

Bulgaria Finance Minister Denies FT Drive to Revive Lending Report

Finance | November 16, 2009, Monday
Bulgaria's finance minister has described a Financial Times report about plans to place funds from the government’s fiscal reserve with local subsidiaries of foreign-owned banks as "out of date"....

Finance Minister: Bulgaria to Start to Exit Crisis after 2010 Q1

Finance | November 13, 2009, Friday
Bulgaria’s economy will continue to contract in the second half of this year and will fail to return to growth before the second quarter next year, the finance minister has said....

Bulgaria Falls Deeper into Recession, Economy Shrinks 5,8% y/y

Finance | November 13, 2009, Friday
Bulgaria’s National Statistical Institute (NSI) has reported Friday that the Bulgarian economy has shrunk 5,8% y/y in the third quarter of 2009, as the recession in the country worsens....

Bulgaria Forecast to Raise Same Tax Revenues as in 2008

Finance | November 12, 2009, Thursday
Bulgaria's National Revenue Agency (NRA) is going to raise approximately the same amount of tax revenue in 2009 as it did in 2008....

Bulgaria Socialists Slam Austerity Budget 2010

Finance | November 12, 2009, Thursday
The formerly ruling Bulgarian Socialist Party has harshly criticized the 2010 draft budget, saying it will fuel unemployment and poverty....
Former Bulgarian MP Olimpi Katev Convicted of Insulting Fellow Deputy

Berbatov Becomes Top Scorer of Bulgarian National Football Team

Manchester United striker Dimitar Berbatov has become the top scorer of Bulgaria's National Football Team. After Wednesday's friendly with Malta he has 47 goals in 76 matches.
Former Bulgarian MP Olimpi Katev Convicted of Insulting Fellow Deputy

Former Bulgarian MP Olimpi Katev Convicted of Insulting Fellow Deputy

Olimpi Katev, from the NMSP party, became the first Bulgarian MP to be convicted by the Sofia Court for insulting during his term with the previous Parliament the MEP from Bulgaria's far-right, nationalist “Ataka” party, Dimitar Stoyanov.

example: computer

example: Sofia, Lovech
What is the most important conclusion from the Sofia Mayor elections on November 15, 2009?
That the ruling party GERB of PM Borisov continues to be hugely popular, whereas the Socialists are pretty much out.

That the decline of the Socialist Party has stopped whereas the ruling party GERB has failed to attract the expected very high number of voters.

That the Sofia residents are either completely disillusioned with politics, or care little about who is Mayor.

That the record-high jackpot of the Bulgarian State Lottery "Toto" generated much greater interest than the Mayor elections.

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Why New Sofia Mayor Fandakova Had the Cheapest Election Campaign...

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