Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's Fiscal Reserve Recovers after Bond Sale
BULGARIA'S FISCAL RESERVE RECOVERS AFTER BOND SALE
Date: 11/07/2012
Source: novinite.com
Bulgaria's Fiscal Reserve Recovers after Bond Sale

Bulgaria's fiscal reserve increased to reach BGN 6.5 M after the successful sovereign bond issue, Finance Minister, Simeon Djankov, has boasted.

According to Djankov, by the end of July, when the country must make obligatory payments to the EU, the reserve will reach BGN 7 M.

The Minister showed to the media a thick folder, saying it contained all documents about the deal that will be provided to the Members of the Parliament, who can check them in the library of the Finance Ministry.

"I believe this move will help future teams that will have to deal with bond sales because the route of Bulgaria to this market is now wide-open," he said.

Djankov complained that his own team had the hardest time locating documents from similar transactions, conducted by predecessors, while some were just simply missing.


Topic: Financial



Featured District
BLAGOEVGRAD DISTRICT AND CITY INFORMATIONBlagoevgrad
Invest Bulgaria Charts
Private Sector External Debt of Bulgaria
Private Sector External Debt of Bulgaria

Consumer Price Index of Bulgaria (annual change)
Consumer Price Index of Bulgaria (annual change)

See all charts
Did You Know?
Sofia
Sofia
The Bulgarian capital Sofia is about 4 times cheaper to live in than London ... More

Melnik, the smallest town in Bulgaria, is located in Blagoevgrad district. It is a town-museum having 96 buildings pronounced for cultural monuments. Melnik is also famous for its wine made of unique varieties of grapes, and for the sand and limestone pyramids - exceptional geographical structures for the territory of Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members