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Topic: Economy of Bulgaria


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In the News (Sat 2 Jun 12)

  
  Economy of Bulgaria - Wikipedia, the free encyclopedia
The economy of Bulgaria has contracted dramatically after 1989 with the collapse of the COMECON system and the loss of the Soviet market, to which the Bulgarian economy had been closely tied.
During 1996, however, the economy collapsed due to the BSP's go-slow, mismanaged economic reforms, its disastrous agricultural policy, and an unstable and decapitalized banking system, which led to inflation of 311% and the collapse of the lev.
Bulgaria's slow pace of cash privatization, contradictory government tax and investment policies, and bureaucratic red tape have kept foreign investment among the lowest in the region.
en.wikipedia.org /wiki/Economy_of_Bulgaria   (737 words)

  
 Bulgaria. The Columbia Encyclopedia, Sixth Edition. 2001-05   (Site not responding. Last check: 2007-10-29)
Bulgaria crumbled under the attacks of a reinvigorated Byzantium in the 10th cent., and in 1018 it was annexed by Emperor Basil II.
Bulgaria was victorious against Turkey in the first (1911–12) of the Balkan Wars, but claims to Macedonia involved it in the Second Balkan War with its former allies Greece and Serbia, and it was soon defeated.
Bulgaria joined (1949) the Council for Mutual Economic Assistance and in 1955 became a member of the Warsaw Treaty Organization and the United Nations.
www.bartleby.com /65/bu/Bulgaria.html   (1925 words)

  
 Bulgaria (03/06)
Bulgaria shares a border with Turkey and Greece to the south, The Former Yugoslav Republic of Macedonia and Serbia and Montenegro to the west, Romania to the north and the Black Sea to the east.
As Bulgaria emerged from the throes of communism, it experienced a period of social and economic unrest that culminated in a severe economic and financial crisis in late 1996-early 1997.
Bulgaria is a member of the United Nations and in 2002-2003 served a 2-year term as a nonpermanent member on the UN Security Council.
www.state.gov /r/pa/ei/bgn/3236.htm   (3095 words)

  
 Bulgaria on Encyclopedia.com   (Site not responding. Last check: 2007-10-29)
Bulgaria was victorious against Turkey in the first (1911-12) of the Balkan Wars, but claims to Macedonia involved it in the Second Balkan War with its former allies Greece and Serbia, and it was soon defeated.
Bulgaria became a member of NATO in Mar., 2004, and a little more than a year later the country signed an accession treaty with the European Union that called for its admission in 2007.
Bulgaria's foreign relations in the post-communist era: a general overview and assessment.
www.encyclopedia.com /html/B/Bulgaria.asp   (2564 words)

  
 AllRefer.com - Bulgaria : Economy, Bulgaria (Bulgarian Political Geography) - Encyclopedia
Until 1989, Bulgaria had a Soviet-style economy in which nearly all agricultural and industrial enterprises were state-controlled.
A stagnant economy, shortages of food, energy, and consumer goods, an enormous foreign debt, and an obsolete and inefficient industrial complex instigated attempts at market-oriented reform in the 1990s.
Bulgaria's chief mineral resources include bauxite, copper, lead, zinc, coal, brown coal (lignite), iron ore, and oil and natural gas.
reference.allrefer.com /encyclopedia/B/Bulgaria-economy.html   (271 words)

  
 Bulgaria Introduction - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International ...   (Site not responding. Last check: 2007-10-29)
Although Bulgaria had strayed from the prescribed Soviet path in noncontroversial areas such as glorification of the nation's 1,300-year history and token decentralization of economic planning, the machinery of independent national policy making was decidedly rusty when the post-Soviet era dawned suddenly.
Especially in eastern Bulgaria where the Turkish population was largest, a strong undercurrent of hostility grew in 1991 and 1992 between ultranationalist Bulgarians and their Turkish neighbors.
Bulgaria sought to retain the Soviet SS-23 missiles installed at an unknown date in the 1980s, however, on the grounds that they predated the relevant nuclear disarmament treaty and were vital to national defense.
workmall.com /wfb2001/bulgaria/bulgaria_history_introduction.html   (7270 words)

  
 Economy
Bulgaria's current account deficit for the first two months of 2006 amounted to EUR 661.1 million, compared with EUR 370.2 million for the year-ago period.
The indicator in Bulgaria is about five times lower than in the EU and a seventh of the rate in e.g.
Bulgaria's gross foreign debt declined by EUR 201.4 million in January to EUR 14.3 billion at the end of the month, BNB data show.
www.amcham.bg /cgi-bin/e-cms/vis/vis.pl?s=001&p=0053&g=   (588 words)

  
 globalEDGE (TM) | country insights - Economy of Bulgaria   (Site not responding. Last check: 2007-10-29)
During 1996, however, the economy collapsed due to shortsighted economic reforms and an unstable and de-capitalized banking system.
In spite of the transition to a new government in July 2001, Bulgaria remained committed to the market reforms undertaken in 1997.
As a result of these moves, in October 2002 the European Commission declared Bulgaria had a "Functioning Market Economy." Measures introduced by the government were targeted at reducing corporate and individual taxes, curtailing corruption, and attracting foreign investment.
globaledge.msu.edu /ibrd/CountryEconomy.asp?CountryID=40&RegionID=2   (401 words)

  
 Bulgaria (10/04)
Bulgaria officially became a member of the North Atlantic Treaty Organization on March 29, 2004 after depositing its instruments of treaty ratification in Washington, DC and hopes for a full membership in the European Union by 2007.
Bulgaria hopes to complete European Union (EU) accession talks by the end of 2004 and hopes for a full membership in the EU by 2007.
Bulgaria is serving as Chair-In-Office of the Organization for Security and Cooperation in Europe (OSCE) in 2004.
www.state.gov /outofdate/bgn/b/40540.htm   (2251 words)

  
 Bulgaria - The Economy - LABOR FORCE
The total labor force in Bulgaria was 4.078 million in 1988.
By the early 1980s, Bulgaria's urban working-age population had begun to decline in absolute terms.
In the first four months of 1990, at a time when the country desperately needed its professional class to restructure society and the economy, 550,000 such applications were received.
countrystudies.us /bulgaria/33.htm   (774 words)

  
 Bulgaria Economy
As a result of these moves, in October 2002 the European Commission declared Bulgaria had a "Functioning Market Economy." Recent measures introduced by Simeon Saxe-Coburg’s government were targeted at reducing corporate and individual taxes, curtailing corruption, and attracting foreign investment.
In November 2002, Bulgaria was invited to become a member of the North Atlantic Treaty Organization (NATO), and officially became a member of the North Atlantic Treaty Organization on March 29, 2004 after depositing its instruments of treaty ratification in Washington, DC.
Bulgaria's military is currently undergoing an ambitious restructuring program aimed to bring the army up to NATO standards.
www.traveldocs.com /bg/economy.htm   (531 words)

  
 Ministry of Economy and Energy of the Republic of Bulgaria   (Site not responding. Last check: 2007-10-29)
The Ministry of Economy and Energy was incorporated by decision of the Bulgarian Parliament in August 2005 through the merger of the Ministries of Economy and Ministry of Energy and Energy Resources.
The common trends in this policy are increasing the competitiveness of the national economy and the various institutions, encouraging investments, innovations, entrepreneurship, exports, modernization of the industrial base, stimulating measures on energy efficiency in the industry and the use of renewable energy resources.
The Ministry of Economy was established with the merger of the Ministry of Industry and the Ministry of Trade and Tourism in December 1999 by Decision of the National Assembly.
www.mee.government.bg /eng   (399 words)

  
 Bulgaria - Economy
Bulgaria, a former communist country striving to enter the European Union, has experienced macroeconomic stability and strong growth since a major economic downturn in 1996 led to the fall of the then socialist government.
In 1997, macroeconomic stability was reinforced by the imposition of a fixed exchange rate of the lev against the German D-mark and the negotiation of an IMF standby agreement.
Corruption in the public administration, a weak judiciary, and the presence of organized crime remain the largest challenges for Bulgaria.
www.exxun.com /Bulgaria/e_ec.html   (517 words)

  
 Bulgaria Economic History
Economists in Bulgaria believe that the transition was complete during the first two plans '49-'52 and '53-'57 but western economists believe that mainly during the third plan, '58-'60, Bulgaria picked up the soviet style.
Bulgaria's first plan was a major contribution to economic development.
Machine building and chemical prossesing was still the main character in Bulgarias economy.
www.bu.edu /econ/faculty/kyn/newweb/economic_systems/Economics/Economic_History/Bulgaria/ecohist_bulg.htm   (923 words)

  
 Southeastern Europe Country Analysis Brief   (Site not responding. Last check: 2007-10-29)
Both Bulgaria and Romania were significantly affected by the economic embargo placed on Yugoslavia in the 1990s, suffering billions of dollars in losses due to disrupted trade, transport, and investment.
Bulgaria's geographic location on the Black Sea gives it the ability to serve as a transit route for Caspian Sea oil exports headed to European refineries, as well as a transit point for Russian gas exports to Turkey.
Although Bulgaria has announced that it will seek monetary compensation from the EC for the closure of the plant, the decision has been met with court battles indicating the closure of the reactors is in violation of Bulgarian law.
www.eia.doe.gov /emeu/cabs/seeurope.html   (3414 words)

  
 Bulgaria - The Economy - RESOURCES   (Site not responding. Last check: 2007-10-29)
Bulgaria is relatively poor in both quantity and quality of natural resources.
Copper is mined chiefly in the Sredna (central hills) in the western Balkans, and at Chelopets in south-central Bulgaria.
In 1987 approximately 56 percent of Bulgaria's total land mass of 11,055,000 hectares was used for agriculture.
countrystudies.us /bulgaria/32.htm   (447 words)

  
 About Bulgaria: history, geography, culture, economy; Balkans, Europe, Regional Cooperation, Development, Globalisation   (Site not responding. Last check: 2007-10-29)
The Republic of Bulgaria is situated at the centre of the Balkan Peninsula in South-Eastern Europe.
The economy of Bulgaria still suffers from the deep economic crisis resulting from the transition to market economy.
Thus the economy at all levels operates at the point where income is at least equal to expenditure.
www.megaone.com /nbulgaria/bulgaria/bginfo.htm   (1280 words)

  
 Bulgaria Travel Tips - Economy of Bulgaria
Bulgaria has a strong agricultural sector, in which the main products are wheat, maize, barley, sugar beet, grapes and tobacco, although its relative importance has declined in recent years.
Bulgaria is a major producer of bulk carriers and forklift trucks.
Bulgaria has applied to become a full member of the EU and expects to join in 2007.
www.southtravels.com /europe/bulgaria/economy.html   (346 words)

  
 [No title]
Economy News BULGARIA-SAXONY\ Local farmers offered to grow elite varieties of early potatoes for export to Germany at a meeting with Rolf Jahnichen, Minister of Agriculture, Procurement and Forestry of Saxony.
Bulgaria will start to export early potatoes to Germany as of next year.
Kostov told him that the policy pursued in regard to minorities is sincere and that it is a component of the overall policy of the democratic forces.
www.b-info.com /places/Bulgaria/news/98-11/nov04b.bta   (732 words)

  
 German Economy Minister: Bulgaria Should Continue with Privatisation and Deregulation
Bulgaria has improved in the process of integrating the legal framework of the EU in its legislation as part of the negotiations for EU accession.
Taking into consideration the macroeconomic growth of the Bulgarian economy over the last several years I am sure that you will be able to meet the challenges ahead of the country in the years to come.
The Economy and Labour Minister of Germany, Wolfgang Clement arrived on a two-day visit to Bulgaria on March 8, 2004 and attended the opening ceremony of the newly established Bulgarian-German Chamber of Commerce and Industry.
www.capital.bg /weekly/04-09/3-9.htm   (912 words)

  
 Bulgaria
Bulgaria lost the war and all the territory it had gained in the First Balkan War.
Bulgaria fought on the side of the Nazis in World War II, but after Russia declared war on Bulgaria on Sept. 5, 1944, Bulgaria switched sides.
Bulgaria: Government - Government Under the constitution of 1991 Bulgaria is a parliamentary republic with an elected...
www.infoplease.com /ipa/A0107365.html   (1094 words)

  
 The Official Tourism site for Destination Bulgaria   (Site not responding. Last check: 2007-10-29)
Bulgaria remembers ancient civilisations and great people that wrote its turbulent history.
Privatisation has had a favourable impact and today the country is proud of hotels and restaurants that meet the modern world standard.
Palm Sunday is one of the most popular holidays in Bulgaria, both on the religious and folklore calendars.
www.bulgariatravel.org   (292 words)

  
 [No title]   (Site not responding. Last check: 2007-10-29)
Economy News BULGARIA\RAIFFEISENBANK\NEW OFFICE\ By the end of September Raiffeisenbank (Bulgaria) Inc. will open an office in the Black Sea city of Varna, this country's third biggest city, said office chief Nikola Dimitrov.
Raiffeseinbank - Bulgaria was established in June 1994 as a subsidiary of Raiffeisenbank Centralbank (Austria).
It is the fourth visit to Bulgaria by this trade union and the second aid-raising campaign for Bulgaria in which they have participated.
www.b-info.com /places/Bulgaria/news/98-09/sep22b.bta   (527 words)

  
 Economy Of Bulgaria   (Site not responding. Last check: 2007-10-29)
If you would like to use this flag of Bulgaria or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Bulgaria or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Bulgaria or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/bulgaria_country_economy.shtml   (447 words)

  
 CSD.bg I Economic program I Informal economy   (Site not responding. Last check: 2007-10-29)
The informal economy does not recognize national boundaries and can grow to be a camouflage to criminal activities.
Hence, further research and current policy work is much needed to help governments and society better understand the informal economy nature and its implications for development on national and EU level.
International conference: The Informal Economy in the EU Accession Countries: Size, Scope, and the Trends in Trafficking and Corruption, November 29, 2002
www.csd.bg /en/econ/gray.php   (448 words)

  
 Knowledge Economy - Theme D: Bulgaria
The ability of companies, clusters, industries, cities and economies to commercialize effectively and quickly new ideas and meet adequate consumer demand is a central feature of today's market economy.
To be successful in gearing their economies to knowledge competitiveness these countries need at least two things at the outset: (1) internationally comparable data/information/knowledge on their present position and (2) the know-how to grow their economies in line with best international practice.
The South Central region of Bulgaria is one of the six "regions for planning" according to the Law on Regional Development.
web.worldbank.org /WBSITE/EXTERNAL/COUNTRIES/ECAEXT/EXTECAREGTOPKNOECO/0,,contentMDK:20410581~pagePK:34004173~piPK:34003707~theSitePK:677607,00.html   (1324 words)

  
 CIA - The World Factbook -- Bulgaria   (Site not responding. Last check: 2007-10-29)
In succeeding centuries, Bulgaria struggled with the Byzantine Empire to assert its place in the Balkans, but by the end of the 14th century the country was overrun by the Ottoman Turks.
Northern Bulgaria attained autonomy in 1878 and all of Bulgaria became independent from the Ottoman Empire in 1908.
Communist domination ended in 1990, when Bulgaria held its first multiparty election since World War II and began the contentious process of moving toward political democracy and a market economy while combating inflation, unemployment, corruption, and crime.
www.odci.gov /cia/publications/factbook/geos/bu.html   (1163 words)

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