Comments Off on The untapped insurance markets of The Balkans – 69% of the Gross Premium Income of the Non-Life Insurance in Bulgaria Comes From Motor Insurance
The gross premium income of the non-life insurance companies reached BGN 403,109,672 at the end of February, according to the Financial Supervision Commission. A little over 69% of it comes from motor insurance, and 15% is under “Fire and natural disasters” and “other property damage”. In the automobile “Civil liability” the companies have sold insurances for BGN 179 193 307, and by car – for 100 044 645 BGN, the business edition insmarket.bg reported,
The Council of Ministers adopted a report on the implementation of the Action Plan of the Republic of Bulgaria on the withdrawal of the United Kingdom from the EU without agreement. Preparations for Brexit without an agreement are on two levels: the EU and national institutions. Source: Bulgarian Institutions Are Already Working on Brexit Plan Without a Deal – Novinite.com – Sofia News AgencyAt the EU level, 19 legislative proposals covering the most urgent measures
The International Monetary Fund (IMF) said on Tuesday that it expects the Bulgarian economy to grow by a real 3.3% in 2019, up from its October 2018 projection for 3.1% growth, reports SeeNews. Source: IMF Lifts Bulgaria’s 2019 GDP Growth Forecast to 3.3% – Novinite.com – Sofia News AgencyBulgaria’s gross domestic product is then expected to rise by a real 3.0% in 2020, the IMF said in the latest edition of its World Economic Outlook (WEO) report.Annual
Comments Off on Bulgaria reaffirms its status as “Low-Cost-Hub-of-the-East” – Bulgarian Head of State: Bulgaria May Be the Gateway to Lebanon with Regard to the EU And Lebanon
,,Bulgaria may be the gateway to Lebanon with regard to the EU and Lebanon to be our gateway to the Middle East region”, President Rumen Radev said at a joint press conference with his Lebanese counterpart, Michel Aoun in Beirut, where the Bulgarian head of state arrived today official visit. Both presidents share the belief that the two countries have great potential for cooperation. Source: Bulgarian Head of State: Bulgaria May Be the Gateway to Lebanon with
“Bulgaria is recognized as one of the most competitive investment destinations in Southeastern Europe with proven image and good business development and investment in sectors that create environment and high added value.” Source: Bulgaria is Becoming One of the Most Competitive Investment Destinations in Southeastern Europe – Novinite.com – Sofia News AgencyThis was stated by Deputy Prime Minister for Economic and Demographic Policy Mariana Nikolova during the talks with her Romanian counterpart Viorel Stefan in