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Bulgaria, Russia Sign 8 Memoranda during Putin's Visit

he close cooperation between Russia and Bulgaria can only be good for the Bulgarian economy, especially as the Russia economy is growing bigger and relationships between Russia and the US and UK have…
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Bulgaria Unharmed by Global Credit Crisis

In many parts of the world homeowners have a reason to fear the credit crisis which overtook the world. However, this does not apply for Bulgaria. Due to the investments of Eastern Europeans and the increased…
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Bulgaria - a place of style and culture

After its acceptation to the European Union Bulgaria started to develope as a small, but boutique and exciting new place for tourists. In its February issue Quest Bulgaria, the leading specialist English…
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Residential Property Prices will rise up to 20% by 2010

Bulgaria is the world's strongest price riser in 2007 and the property market surely will keep up its momentum over the next two years, experts confirm. Although the global cooling of the property…
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Bulgaria Lawmakers Pass Flat Tax Reform

Bulgaria's parliament passed on second reading on Monday the amendments introducing a flat tax rate in the country. Despite extensive criticism from the opposition and trade unions, the Socialist-led…
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The Bulgarian parliament approved the government's 2008 budget law

The 2008 budget set revenue at 27.2 billion levs ($19.94 billion), some 27 percent more than the initial plans for 2007. Spending, including a contribution to the European Union budget is set at 25.4…
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Bulgaria Eager to Join Caspian Oil & Gas Transport Corridors

On September 10 Bulgarian Minister of Foreign Affairs Ivailo Kalfin outlined the country’s goals to join transport corridors for Caspian oil and gas. Kalfin spoke in the wake of an official visit to…
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SE Europe Faces Financial Crisis Due to Rapid Credit Growth

The countries of south-east Europe must take action over their rapid credit growth, high external deficits and dependence on foreign currency loans to reduce the risks of a financial crisis, an International…
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