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Invest Bulgaria News Directory
Bulgarian Macroeconomic Data
(49 Bulgarian Macroeconomic Data Stories Found)

  FEATURED NEWS  ;
INCOME AND CORPORATE TAXES IN EUROPE IN EARLY 2013

INCOME AND CORPORATE TAXES IN EUROPE IN EARLY 2013
(05/01/2013)

Topics: Macroeconomic Data      General

A picture can say a thousand words! Bulgaria is the most attractive tax destination in Europe....




MORE NEWS
BIA: BULGARIA'S EXPORTS GROW THANKS TO BIGGER QUANTITIES

BIA: BULGARIA'S EXPORTS GROW THANKS TO BIGGER QUANTITIES
Source: novinite.com - (22/03/2011)

Topics: Macroeconomic Data      

Some 60% of the growth of Bulgaria's exports is the result of an increase in the quantity of the exported goods, according to an analysis of the Bulgarian Industrial Association (BIA). BIA points out that in 2010 Bulgaria's export did manage to surpass the 2008 level – the highest recorded export the country had before it was massively affected by the global financial and economic crisis. Thus, in 2010, Bulgaria's exports amounted to BGN 30.5 B, which is BGN 7.6 B more than in 2009, or a...


BULGARIA REGISTERS JANUARY EXPORT GROWTH TO NON-EU COUNTRIES

BULGARIA REGISTERS JANUARY EXPORT GROWTH TO NON-EU COUNTRIES
Source: novinite.com - (14/03/2011)

Topics: Macroeconomic Data      

In January 2011, the Bulgarian exports to third countries increased by 74.1% compared to January 2010 and amounted to BGN 1.3 B. The data was released by the National Statistics Institute Monday. The main trade partners of Bulgaria were Turkey, China, Russia, Serbia, the former Yugoslav Republic of Macedonia and Singapore, forming 56.4% of the total exports to non-EU countries The exports to South Africa, China, Kazakhstan and Bosnia and Herzegovina increased significantly. Falls were...


BULGARIA INTRODUCES FLAT 9% VALUE-ADDED TAX IN TOURISM APRIL 2011

BULGARIA INTRODUCES FLAT 9% VALUE-ADDED TAX IN TOURISM APRIL 2011
Source: novinite.com - (26/01/2011)

Topics: Macroeconomic Data      Tourism

The ruling majority in Bulgaria's Parliament has voted down a proposal for a several-month delay in the introduction of a flat 9% value-added tax (VAT) in the tourism sector. Bulgaria will introduce a flat 9% value-added tax (VAT) in the tourism sector as of the beginning of April this year under amendments that Parliament adopted conclusively on Wednesday. The right-wing Blue Coalition had insisted that the flat rate be introduced as of October after the summer season, saying that in...


BULGARIA REGISTERS HIGHEST EXPORT GROWTH IN EU 27 IN 2010 Q1-Q3

BULGARIA REGISTERS HIGHEST EXPORT GROWTH IN EU 27 IN 2010 Q1-Q3
Source: novinite.com - (18/12/2010)

Topics: Macroeconomic Data      

Bulgaria has registered the highest year-on-year growth of its exports of all EU 27 countries in the first nine months of 2010, according to latest Eurostat data. Bulgaria's exports grew by 33% in January-September 2010 compared with the same period of 2009. It is followed by Latvia, whose exports grew by 29% year-on-year, Lithuania (28%), Estonia (28%), and Romania (26%). Luxembourg is the only EU 27 country that registered a decrease of its exports in this period of -4%. Sweden...


BULGARIA'S FINMIN PLEDGES TWO VAT REDUCTIONS BY 2013

BULGARIA'S FINMIN PLEDGES TWO VAT REDUCTIONS BY 2013
Source: novinite.com - (18/12/2010)

Topics: Macroeconomic Data      

The Bulgarian government is the only one in Europe that reduced the tax burden in a difficult crisis year such as 2010, Finance Minister Simeon Djankov said. "There is no other government in Europe that did what we did. 2010 was a year of financial stability for Bulgaria. We did not raise the taxes, and did not decrease the pensions. There will be a reduction of the VAT rather soon in 2011. By the end of our term, there will be a second decrease of the value-added tax," Djankov promised on...


NEW FACT SHEETS AVAILABLE AT INVEST BULGARIA FACTSHEETS SECTION

NEW FACT SHEETS AVAILABLE AT INVEST BULGARIA FACTSHEETS SECTION
Source: Invest Bulgaria - (04/12/2010)

Topics: Macroeconomic Data   Factsheets   

Several new fact sheets are available on Invest Bulgaria site, comprising information about: Industrial Zones in Bulgaria Taxation Franchising Market in Bulgaria Residential Market in Bulgaria Reregistering a company Sofia Business Buildings read more at:...


UNEMPLOYMENT IN BULGARIA FALLS TO 8.9 % IN OCTOBER

UNEMPLOYMENT IN BULGARIA FALLS TO 8.9 % IN OCTOBER
Source: novinite.com - (11/11/2010)

Topics: Macroeconomic Data      

The unemployment rate in Bulgaria has continued its gradual fall for an eighth consecutive month in October, reaching 8.9%, Labor Minister, Totyu Mladenov has announced. In the same month, 334 671 was the total number of people registered in employment bureaus, Mladenov clarified. This indicates a drop by 4 300 in comparison to September. According to the Labor Minister, the 2010 over-the-year unemployment rate will be 9.5%, which is approximately 2% lower than the initially expected...


BULGARIA GDP SET TO GROW SLIGHTLY IN Q3 - ANALYSTS

BULGARIA GDP SET TO GROW SLIGHTLY IN Q3 - ANALYSTS
Source: novinite.com - (10/11/2010)

Topics: Macroeconomic Data      

Bulgaria's gross domestic product is expected to mark a slight increase in the third quarter this year, analysts say days before the statistics institute issues its flash estimate. "Bulgaria's GDP growth will mark a 0.5% increase on an annual basis in the third quarter," Nikolay Vassilev, CEO and member of the Board of Expat Capital, told the business site investor.bg. Vladimir Karolev, a managing partner at the Balkan Advisory Company, makes the same forecast, while according to...


JAPAN'S JCR RAISES BULGARIA OUTLOOK TO STABLE

JAPAN'S JCR RAISES BULGARIA OUTLOOK TO STABLE
Source: novinite.com - (22/10/2010)

Topics: Macroeconomic Data      

Japanese credit rating agency JCR on Friday affirmed its BBB rating on Bulgaria's foreign currency long-term senior debts and BBB+ rating on the country's local currency long-term senior debts. The outlook was revised to stable from negative. "The ratings are primarily based on the country's prudent fiscal policy that has led up to a substantial reduction of the government debt and accumulation of large fiscal reserves, its maintenance of the solid currency board arrangement through...


RULING PARTY CONFIDENT IN BULGARIA'S 2011 3.6% GDP GROWTH

RULING PARTY CONFIDENT IN BULGARIA'S 2011 3.6% GDP GROWTH
Source: novinite.com - (22/10/2010)

Topics: Macroeconomic Data      

MP Menda Stoyanova, head of the budget and finance committee of the Bulgarian Parliament, has expressed confidence that the 3.6% GDP growth project for 2011 will be realized. "Interestingly, all international agencies forecast the same growth for Bulgaria. Even the IMF, which is very conservative in its forecasts, predicts a 2.5% growth. That is not 3.5% but is still a very serious growth," Stoyanova told the Bulgarian National Radio on Sunday. She is certain that Bulgaria's economic...


NEW REAL ESTATE PRICES IN BULGARIA FACTSHEET ADDED

NEW REAL ESTATE PRICES IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (14/10/2010)

Topics: Macroeconomic Data   Factsheets   Real Estate

The following sample of random ads is shown with the sole purpose to demonstrate price levels for certain types of properties throughout Bulgaria. These offers are dated Oct...


NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED

NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

The figures presented in this Factsheet are estimated average costs when setting up a business in Bulgaria. Costs are in Bulgarian Leva (BGL) and are merely a guideline. (Exchange rate USD 1=BGL 1.45, Sept...


NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED

NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

Credit ratings for Bulgaria by major international investment houses - Invest Bulgaria.com Fact...


NEW SALARIES COMPARISON FACTSHEET ADDED

NEW SALARIES COMPARISON FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

Salaries for the positions of Senior Programmer, Sales Representative, Managing Director and a Plumber in Bulgaria are compared with those of 8 other countries....


NEW FDI IN BULGARIA FACTSHEET ADDED

NEW FDI IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (11/10/2010)

Topics: Macroeconomic Data   Factsheets   

A new factsheet that shows yearly graphs of Foreign direct investments in Bulgaria by country was added on the site of Invest Bulgaria....


HUNGARY TO INTRODUCE FLAT TAX AFTER BULGARIA'S SUCCESS

HUNGARY TO INTRODUCE FLAT TAX AFTER BULGARIA'S SUCCESS
Source: novinite.com - (08/10/2010)

Topics: Macroeconomic Data      

Bulgaria's successful example with the introduction of flat tax rates is partly the motivation for Hungary to adopt the same policy, according to Hungarian PM Viktor Orban. Orban spoke in Sofia Friday at a joint press conference with Bulgarian Prime Minister Boyko Borisov. "Hungary's policies must be directed towards the Hungarian market so that it can pay off its credits, and that is why we are introducing the flat tax following your example, and are reducing in half the taxes on...


BULGARIA GDP FORECAST TO GROW 0.3% IN 2010, 3.8% IN 2011

BULGARIA GDP FORECAST TO GROW 0.3% IN 2010, 3.8% IN 2011
Source: novinite.com - (02/10/2010)

Topics: Macroeconomic Data      

Bulgaria's economy will grow 0,3% after a 5,1% contraction in 2009 as investments dwindled and consumption shrank, a local think-tank estimated. The country will manage to achieve a growth of 3.8% in 2011 thanks to a rise in exports, according to the Agency for Economic Analyses and Forecasts. Bulgaria aims to have a budget deficit of 2.5% of gross domestic product and a growth of 3.6% in 2011, according to the budget draft. The country is planning to sell bonds amounting to EUR 1 B on...


BULGARIA FINMIN: 2.5% DEFICIT IS BUDGET 2011 BIGGEST SUCCESS

BULGARIA FINMIN: 2.5% DEFICIT IS BUDGET 2011 BIGGEST SUCCESS
Source: novinite.com - (01/10/2010)

Topics: Macroeconomic Data      

Bulgaria will manage to bring its budget deficit below the European Union limit of 3% of economic production without a hike in taxes and social securities, which is the biggest success of budget 2011, according to the finance minister. "Bulgaria is pulling out of the crisis in macroeconomic terms and our expectations are that the revenues in the budget will stabilize," Simeon Djankov told reporters as he handed on Friday the budget draft for next year to parliamentary speaker Tsetska...


BULGARIA BUDGET DRAFT 2011 ENTERS PARLIAMENT

BULGARIA BUDGET DRAFT 2011 ENTERS PARLIAMENT
Source: novinite.com - (01/10/2010)

Topics: Macroeconomic Data      

Bulgaria's Finance Minister Simeon Djankov will hand on Friday the budget draft for next year to parliamentary speaker Tsetska Tsacheva. Bulgaria is planning to sell bonds amounting to EUR 1 B on the international market in 2011 to shore up its finances, according to a finance ministry draft paper. Bulgaria aims to have a budget deficit of 2.5% of gross domestic product and a growth of 3.6% in 2011, according to the budget draft. In budget 2011, financing is going up the most in the...


BULGARIA TO INTRODUCE FLAT 9% VAT IN TOURISM APRIL 2011

BULGARIA TO INTRODUCE FLAT 9% VAT IN TOURISM APRIL 2011
Source: novinite.com - (27/09/2010)

Topics: Macroeconomic Data      Tourism

Bulgaria's government will introduce a flat 9% value-added tax (VAT) in the tourism sector, not 14% as initially planned, as of the beginning of April next year, a deputy economy minister has announced. The move comes in response to the demand of the European Union that Bulgaria should harmonize tourism VAT, which currently stands at 7% for organized groups and 20% for individual tourism. "The new tax had to be introduced at the beginning of 2011, but it is not a good thing to mess up the...



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