Bulgaria—September 2009 Staff Visit, Concluding Statement Oct 2, 2009
When the Bulgarian economy emerges from the recession, it will need to shift to a new growth pattern, which will be based less on the main drivers of growth during the boom years (real estate, financial intermediation, construction) and more on other sectors, including exports. Swift implementation of an economic reform package aiming at raising productivity and enhancing human capital will facilitate the economy's shift to a more sustainable growth pattern. (IMF News)
Bulgarian gets prison for ATM fraud in ATL Sep 11, 2009
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A Good Business Credit Score is the Key to Success for Today's Business Owners Jun 6, 2009
That mean business owners will get approved more quickly and easily for real estate, auto leases, and commercial credit cards, including retail gas, merchandise and industrial cards. Obtain bank lines of credit for working capital, business expansion and operating capital and approval for business lines of credit to purchase office supplies, extension of loans and equipment leases. (Yahoo News -- Press Releases)
ALL BUSINESS: Bond-market rout lifts mortgage cost Jun 6, 2009
"The bond market is calling the Federal Reserve out," said Mike Larson, a real estate analyst at Weiss Research Inc. in Jupiter, Fla ... Business - Real Estate. (Yahoo News -- Press Releases)
Press Release: Statement by the IMF Staff Mission to Bulgaria Apr 28, 2009
The sectors that have contributed the bulk of the growth in recent years (financial sector, real estate, construction) were dependent on large capital inflows. With a prolonged drop in capital inflows, these sectors are likely to decline in the near future and may see little, if any, growth thereafter. (IMF News)
