The figure represents a BGN 26 million increase on the July level, shows data by the Bulgarian Association of Asset Management Companies (BAAMC) and market players. However, few made capital profits as markets were roiled by some of the worst months of the year, which means that more cash poured into the schemes. In August, the net assets of the Pioneer funds marketed in Bulgaria increased by ap...
The cabinet of the center-right Citizens for European Development of Bulgaria (GERB) party had not used health insurance funds to cover other expenditures and does not plan to do it, according to Finance Minister, Simeon Djankov.Djankov spoke Thursday in plenary hall, answering a question of an opposition Member of the Parliament.The Minister explained the reserve of the National Health Insurance...
The Members of the Bulgarian Parliament from the Interior Committee decided Wednesday to cut by 50% the funds for trips abroad for security agents.The employees of the State Agency for National Security (DANS) travel outside the country because the Agency provides the protection of the cryptographic communications of Bulgarian Embassies.The measure was announced as an anti-crisis measure to be reg...
Bulgaria"s finance minister has assured that the country will have no need to hold talks with the International Monetary Fund over a bailout loan for its ailing economy in the next two years."There will be no need for a loan not only this year, but the next two years as well," Minister Simeon Djankov said on Thursday."In terms of its economic policy the Bulgarian government is doing just as fin...
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