News

26Oct2015

Rome decided to fully liberalise its labour market for citizens of the EU’s two newest members, Romania and Bulgaria, which entered the EU in 2007. Both nations have complained of bias because their nationals were…

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26Oct2015

Romania is among the 36 countries with its own currency that are most exposed to Euro area crisis according to Fitch. However it is least exposed to the euro crisis among European emerging countries. Globally…

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26Oct2015

Bulgarian managers have rated the year ending as the year of deepening crisis. 71 per cent out of 500 polled have shared the opinion that 2011 was worse than 2010. The picture that emerges from…

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26Oct2015

The P&S Čukec defeated the Acapulca, 3:1, becoming the Peter Kanc Champions. At this opportunity we would like to congratulate P&S Čukec team and wish them to keep up the exellent result till the end…

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26Oct2015

Mugur Isarescu, Romanian National Bank Governor, stated a high probability of year-end 2011 inflation falling below 3.3 per cent and also noted that the exchange rate depreciation of eastern European currencies was mainly a result…

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26Oct2015

Economic growth in third quarter 2011 exceeded expectations of Bulgarian national statistics institute. GDP in 2Q compared to 2Q 2011 increased by 0.3 per cent and 1.6 per cent year-on-year growth or 0.3 percentage point…

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26Oct2015

Romanian banking system reported a loss in third quarter of 2011 in the amount of RON 860 mio (almost EUR 200 mio), after it reported a profit in the first half of 2011 in the…

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26Oct2015

The Bulgarian government plans additional external borrowing in the total amount of EUR 1.2 billion in 2012. The largest amount is expected to come from new bond sales to ensure financing for the repayment of…

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26Oct2015

The inflation rate in October 2011 amounted to 0.1% after high amount of grain and vegetable crops that helped ease food prices. According to the State Statistics Committee annual inflation decreased to 5.4% in October…

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26Oct2015

IMF chief of mission in Romania, Jeffrey Franks, expressed satisfaction with the progress Romania did on criteria set by the fund, when the country became among the most indebted ones (within IMF). Projections for growth…

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