News

26Oct2015

Bulgaria’s government has adopted the report on country’s macroeconomic indicators for the first half of 2011. It contains latest data from the Finance Ministry showing that in the first quarter Bulgaria’s economy grew by 3.4%…

Read More
26Oct2015

Romania’s government wants to increase royalties for natural-gas storage, crude-oil transport and mineral resources and raise about USD 371 million over the next four years. The government plans to increase the royalty to 15% of…

Read More
26Oct2015

Ukraine’s current-account deficit widened in July from the previous month, the central bank said. The gap reached USD 574 million in July compared with USD 281 million a month earlier. The central bank revised the…

Read More
26Oct2015

In May 2011, the Ukraine economy started regaining its footing from March-April weaknesses. Industrial production growth picked up to 8.6% yoy from 4.9% yoy in April. Expansion in retail trade and construction accelerated to 15.5%…

Read More
26Oct2015

The stock of new homes available in Bucharest has started dwindling as a result of the low number of apartments delivered in the past two years and the falling prices. In seven out of nine…

Read More
26Oct2015

Trade turnover between Bulgaria and Romania totaled 2.8 billion € in 2010, Romania’s economy ministry said as quoted by news agency BTA. The states recorded a 39% annual growth in bilateral trade in the first…

Read More
26Oct2015

Bulgaria’s postal service state-owned company “Bulgarian Posts EAD” will be taken off the list of companies, whose privatization is banned, under amendments, adopted by the economic committee in parliament. The amendments were prompted by an…

Read More
26Oct2015

The Ukrainian government is planning to increase the normative appraisal of the value of land before lifting the moratorium on its sale, owners of land plots will not turn a profit from this policy, according…

Read More
26Oct2015

The Bucharest-based Banca Nationala a Romaniei kept the monetary policy rate at a record-low 6.25%. The decision was expected by seven out of eight economists surveyed by Bloomberg. One expected a quarter-point cut. The government,…

Read More
26Oct2015

Bulgarian inflation quickened in May after slowing the previous month as fuel and food prices in the European Union’s poorest country rose. The annual rate was 4.8 percent, compared with 4.6 percent in April, the…

Read More