All posts in Business

euro notes in a shopping trolley
July 28, 2014, by Independent Balkan News Agency

Bulgaria’s business climate indicator fell by 3.2 percentage points month-on-month in July 2014 as managers in major industries lost confidence of what the next six months would hold – and […]


Bulgaria’s competition watchdog levies new charges on electricity distributors

July 25, 2014, by The Sofia Globe staff

Bulgaria’s Commission for Protection of Competition (CPC) levied new charges of unfair trade practices against the country’s three private ele ...

IMF headquarters building at 1900 Pennsylvania Avenue in Washington, DC. Photo: AgnosticPreachersKid/Wikimedia Commons

IMF report cuts growth forecast

July 25, 2014, by VOANews

The International Monetary Fund has trimmed its global economic growth projection for 2014, projecting a slower advance in the United States and a les ...

Photo: Clive Leviev-Sawyer

Bulgaria’s new rules on consumer loans come into effect on July 22

July 22, 2014, by The Sofia Globe staff

Bulgaria’s new Consumer Loans Act, approved by Parliament on March 28, came into effect on July 22 2014, capping loan interest rates and require ...

  • Photo: Clive Leviev-Sawyer
    Bulgaria central bank extends CCB administration period
    July 15, 2014, by The Sofia Globe staff

    Bulgaria’s central bank said on July 15 that it extended the special supervision period for the Corporate Commercial Bank (CCB) to three months, which means that the lender is now […]

  • Photo: svilen001/
    Bulgaria annual deflation at 1.9% in June
    July 15, 2014, by The Sofia Globe staff

    Bulgaria’s consumer price index shrank again in June, by 0.4 per cent, but the annual deflation figure at the end of the month fell slightly to 1.9 per cent, data […]

  • Photo: Sanja Gjenero
    FDI in Bulgaria in January-May was 302.6M euro
    July 15, 2014, by The Sofia Globe staff

    Foreign direct investment in Bulgaria in the first five months of 2014 stood at 302.6 million euro, the equivalent of 0.7 per cent of the gross domestic product (GDP), according […]

  • KTB logo and slogan
    Bulgaria’s CCB to go into liquidation – timeline
    July 11, 2014, by The Sofia Globe staff

    The Bulgarian National Bank (BNB) announced on July 11 that it would repeal the banking licence of the country’s fourth-largest lender, Corporate Commercial Bank (CCB). Below is a timeline of […]