Austria and Bulgaria - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Bulgaria in Austria | Bulgarians in Vienna | Bilateral Relations

CESEE Region Suffers from Migration

The countries of Central, Eastern and Southeastern Europe are confronted with a highly unfavorable demographic trend. The brain-drain is expected to persist.

October 17, 2013

Bulgaria Supports Trans Adriatic Pipeline

During yesterday’s world media meeting, on behalf of his country Bulgarian President Rosen Plevniev expressed his support of the Trans Adriatic Pipeline project (TAP).

October 16, 2013

Austria: Purchasing Power Grows Slightly

According to a study published by RegioData Research, Austria could improve its level of purchasing power in the years from 2008 to 2012.

October 15, 2013

Bulgaria: Number of „Working Poors“ Grows Considerably

Bulgaria´s average wage only comes at € 269 per month. 600,000 Bulgarian earn less than € 180 per month.

October 15, 2013

Bulgaria: Economic Outlook Deteriorates

According to the IMF, Bulgaria´s growth rate will be lower than initially expected.

October 11, 2013

Bulgaria: Significant Increase in Exports to EU

Exports from Bulgaria to the European Union have increased by 6.6 percent.

October 10, 2013

FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

October 8, 2013

Latest Edition of the SWOT Report of Raiffeisen Bank International has been Published

FriedlResearch has announced the publication of the latest edition of the "Raiffeisen Bank International AG - SWOT Analysis & Company Report". This report contains in depth information and data about RBI and its operations and markets.

October 8, 2013

Bulgaria Takes out Schuldschein Note Loan via German Banks

The Bulgarian government has decided to take out a Schuldschein note loan in the amount of € 360m through German banks, media reports claim.

October 7, 2013

UK: Growth Potential in CESEE

According to the IMF, the UK economy is not diversified sufficiently. Now, UK promotes exports to the CESEE region.

October 5, 2013

CESEE: Recovery Slow, but Stable

Corporate sentiment improving in major CEE countries as well, as the economic recovery begins to take root. Low point in interest rates has essentially been reached, rises in yields to follow trends in the developed markets, RZB says.

October 4, 2013

Bulgaria: Shrinking Workforce Leading to Lower Growth

Bulgaria is facing a number of challenges resulting from shifting demographics.

October 4, 2013

World Bank Supports Financial Reporting in CESEE

The World Bank launched a new program to strengthen corporate financial reporting in the countries of the EU’s Eastern Partnership.

October 3, 2013

Bulgaria: Major Decrease of Insurance Business

The insurance industry saw a strong decrease of business of 13 percent in only four years.

October 2, 2013

Hungary: Competitiveness of Industrial Sector Shrinks

Regarding Hungary´s competitiveness, there is a clear downward trend. This year, Hungary is expected to achieve an economic turnaround.

September 24, 2013

Austria: WKO Demands Impulses for R&D

Deputy President of the Austrian Chamber of Commerce (WKO), Martha Schultz, demands new impluses for research and innovation in the years from 2014 to 2020.

September 19, 2013

CESEE Banking: Funding Improves

Regarding the stability of the banking system in the CESEE region, there are still substantial differences between the countries.

September 18, 2013

Bulgaria Allows Non-Residents Acquisition of Farmland

Bulgaria will allow foreigners will be able to acquire agricultural land.

September 16, 2013

Bulgaria: President Delivers Warning

Bulgaria's President delivers a strong warning about the country’s long-term instability.

September 16, 2013

Boom in CESEE Will not Return

In the next years, the growth rates of the pre-crisis will not come back in the CESEE region. For the banking industry, the region is still a substantial risk factor.

September 14, 2013

Bulgaria: Annual Inflation of 2.9 Percent

Bulgaria's annual average inflation was 2.9 percent on a year-on-year comparison.

September 13, 2013

Riots before Bulgarian Parliament

Government opponents tried to break through security fences.

September 4, 2013

Transport & Logistics - DB Schenker to Expand its Operations in Croatia

Simultaneously with the accession of Croatia into the EU, and thus the abolition of customs borders between Croatia and the EU countries, Schenker positions itself on that market as a potential logistics partner.

September 3, 2013 · Sponsored Content

Electricy Thieves Caused Losses for EVN in Bulgaria.

Austrian energy provider EVN lost € 800,000 because of electricity thieves.

August 27, 2013

Bulgaria: Gross External Debt Amounts to 91.4 Percent of GDP

Bulgaria's gross external debt has amounted to 91.4% of GDP

August 27, 2013

Bulgaria and Romania to Strenthen Relations

Bulgaria and Romania plan to strengthen relations at bilateral, regional and European level.

August 26, 2013

Bulgaria's Banks’ External Debt Totalled 15.2 Percent Of GDP

Bulgaria's banks’ external debt totalled EUR 6,219.8 million (15.2% of GDP). It declined by EUR 234.8 million (3.6%) from end-2012 (EUR 6,454.7 million, 16.3% of GDP), and increased by EUR 280.6 million (4.7%) year-on-year (from EUR 5,939.2 million).

August 26, 2013

Half of Bulgarian Citizens in Favor of New Elections

Only three months after elections in Bulgaria more than half of voters favor new elections, according to a survey. Supporters of the ruling Socialists are outnumbered.

August 21, 2013

Bulgaria: Parliament Outvoted Presidential Veto Against Budget

With the support of the nationalists, the government has won over the Bulgarian President Plevneliev, who intended to avoid higher public spendings.

August 16, 2013

Bulgaria: Raiffeisenbank Downgraded by Moody’s

Bulgaria: Moody's downgrades Raiffeisenbank (Bulgaria)'s deposit ratings to Ba2

August 15, 2013

Bulgaria: Ministry Reopens Issue of Government Bonds

Bulgaria's Ministry reopens 5-year government bonds issue for maturing on 23 January 2018

August 14, 2013

Romania: Significant Drop in Purchase Power

General consumption climate is unfavorable in Europe at the moment.

August 12, 2013

Raiffeisen Bank International AG - SWOT Analysis & Company Report

This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

August 8, 2013

Bulgaria: Danger of Policy Drifting

Bulgaria's fundamentals are strong but politics suggest policy drift.

July 31, 2013

EVN Forced to Lower Electriciy Prices in Bulgaria

Austrian energy provider EVN is ordered by the regulator to drop electricity prices.

July 30, 2013

Protests: Bulgaria in a Political and Social Crisis

Thousands of protesters are still marching the streets of Sofia. It is particularly the educated middle class that has had enough of the raging corruption of the political elite.

July 30, 2013

Bulgaria to Lower Electricity Prices by August

Bulgaria will lower the price of electricity on August 1st

July 30, 2013

Bulgarian Deputy PM: “They Want Social Justice“

In an interview with Austrian newspaper Standard, Bulgarian Justice Minister and Deputy Prime Minister Zinaida Zlatanova (40) talks about the reasons for the protest movement, planned reforms and critizism from abroad.

July 27, 2013

Bulgaria: Signs of Economic Recovery

Bulgaria services sector marks the highest growth of FDI

July 26, 2013

72 Percent of Bulgarians Regard Situation as “Unbearable”

Every day since June 14 protesters are gathering in front of the parliament in Sofia to express their anger about corruption in the country and demand the current government to step down.

July 26, 2013

Bulgarian Protests As Sign of New Understanding of Values

The great wave of protests in Bulgaria continues to sweep the country. Experts regard the demonstrations as a sign of a new understanding of values.

July 25, 2013

Serbia and Bulgaria to Team Up in Energy Policy

Serbia and Bulgaria discuss South Stream, Nis-Sofia gas interconnection and the completion of the section of Corridor 10

July 24, 2013

Bulgaria: Protests About to Escalate

Heavy clashes between protestors and policemen in Bulgaria´s capital Sofia are endangering the political stability.

July 24, 2013

CESEE Countries Show More Fiscal Discipline

Euro area government debt up to 92.2% of GDP. EU27 debt up to 85.9%. The debt increase in Hungary, Poland, Bulgaria, Romania and the Baltic countries was very decent or even negative.

July 22, 2013

Bulgaria: South Stream Offers 6,000 New Jobs

South Stream Bulgaria´s CEO Georgi Gegov stresses the economic effect of the new gas pipeline from Russia to Western Europe.

July 18, 2013

Erste Group Bank AG - SWOT Analysis & Company Report

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

July 12, 2013

Bulgarian Interior Ministry Going Bankrupt over Mass Protests

According to Interior Minister Tsvetlin Iovchev the security of the public order at the protests has cost the taxpayers BGN 3m.

July 5, 2013

Moody’s: Turmoils In Bulgaria Will Not Affect Fiscal Stability

According to rating agency Moody's, the ongoing political turmoil in Bulgaria is not expected to negatively affect the country's fiscal stability.

July 4, 2013

No End to Protests in Bulgaria

Demonstrators demand the resignation of the government and early elections.

July 2, 2013

New Protests Against Government in Bulgaria

Demonstrators demand elections again.

July 1, 2013