Finance

"Bulgaria needs no IMF loan or a Eurobond issue. Of Finance of the country are stable." This comment from the Washington Finance Minister Simeon Djankov. According to preliminary data, and estimates of financial reserves by 30. 0h. 2010 amounted to N, N billion, including N, 0 billion. BGN BNB and 0, w billion to commercial banks (mainly deposits by the National Fund of Pre-Accession). amount of fiscal reserves at 31. 03. 2010 is EUR w, h billion tons. including approximately 5.7 billion

Almost hidden ch500 thousand auditors Yambol revenue this year. Checks showed that the most common scams include VAT, please BNR. About 000 leva 1sh0 found during inspections of private companies face. Prodalzhavat check the risk of Yambol sectors - manufacturing and marketing of grain and carried stroitelstvo. At 10 audits of companies' production and trade of grains were found over 1.5 million unpaid come. Up to the time of the NRA inspectors checked Yambol seven construction companies, such checks will continue throughout the active season. Over half a million euros of taxes from the companies tried to hide the construction industry.

Three Bulgarians have declared income of more than 10 million leva. Tova said the director of the National Revenue Agency Krasimir Stefanov, cited by BNR. During the previous year, only one application has been described more than 10 million leva to the treasury income. Saotvetno imported over 1 million tax. Nearly 200 million leva, said facilities resulting from increased employment. Spored Stefanov said rental income is mainly due to the campaign launched by the agency to verify the income naemodatelite. 13 thousands more in Bulgaria, declared income, except wages received in 2009. 530,000 tax returns accepted. The data stored in them will find the information that employers podavat. With a fine of up to 1000 euros difference, even if not actually because of taxes, reminded danachniyat. Dnes, it became clear that 530 000 Bulgarians have declared their income to the NRA, the Tova in 2009 over the same period last year, when the person who filed complaints were 517,000.

The total number of insured persons in the four types of pension funds at 31. 03. 2010 is 37sh3787 soul. Tsifrata marked increase over the last year from 2.2 h hundred. Dannite social insurance supervision, "the FSB said on Finance. Neshs. BG. Otnositelniyat proportion of men insured in universal pension funds was 51.22 percent, professional - 85.32 per cent in the voluntary - 58.35 percent, and voluntary occupational schemes - 3h 53 hundred. Srednata age of those in the department of 3h, 9, in trade - P2, 8, voluntary - sh, h, and the voluntary occupational schemes - P1, 7, the net assets of the system Akumuliranite additional pension at 31 . 03. 2010, was 330ch7ch8 thousand compared to the first quarter of 2009 grew by 37.17 percent.

At the end of March 2010 credits to companies that specialize in lending 1sh98000000 (or 2.5% of GDP). They decreased by 795.7 million (31.9%) compared with March 2009, when their number was 2ch93000000 (3.8% of GDP). Compared with December 2009, they decreased by R3, 2 million U.S. $ (3, w%). The number of loans the companies affected by a smaller amount of net buying credits from other institutions, says Finances. neshs. BG. Cam end of March 2010 they amounted to 823.1 million (ch8, 5% of loans) at 15sh5 million (w2, 8% of loans) at March 2009, the Prebladavat loans with a maturity of over 5 years. They reached 88ch 800,000 at the end of March 2010 compared to March 2009 they decreased by 35% (ch7sh500000) and place them in the first quarter of 2010 compared to December 2009 3.5% (31 million m.) relative share of these loans in total claims on credits decreased from 5 h, w% at end-March 2009 to 52.1 percent in March 2010 Vzemaniya thank residents by sector. At the end of March 2010 loans in the household sector and non-profit institutions serving households (NPISHs) are 1ch15000000 compared to March 2009 fell by 33% h (710.9 million).

National Revenue Agency starts sale of property and assets of their debtors, BNR. Podrazdelenieto to inform the tax authorities in Sofia sells dairy and surrounding land in the village Katuntsi. In the sealed tender for sale of real estate, machinery and equipment agentsiyata debtors. Needless announced on April 18 auction. The owners of Treasury debt accumulated over 2 million, and 200. 000 leva. For to be included in the auction must transfer a deposit of 20 per cent of the original sale price.

There are four main contraband goods: cigarettes, alcohol, fuel and iron building, told Nova TV councilor from NMSP Vladimir Karol. He explained that there is a scheme where construction of the iron to be exported to Romania and Greece, but are sold in Bulgaria. The same situation exists as a fuel. Since we are in the European Union makes other contraband scheme, products exported through the h-five companies in the EU, but only those documents that were good again in Bulgaria, said Vladimir Karol. According to him, if Simeon Djankov of the VAT revenue for the month, four of these products will be released in the month of September is a very serious decline in income, which is not even explain the excise tax.

Gains in April exceeded expenditures by about 213 million leva on a monthly basis. This shows the preliminary production figures and estimates for the implementation of the consolidated financial programa. Tozi confirmed the preliminary estimates to stabilize the financial situation in April and achieve budget surplus in the consolidated level, the Ministry of Finance. Tov's first month in which the expense izlishak. Yesterday, it was clear the difference between revenues and expenditures of the consolidated financial programs (national budget in conjunction with municipalities, NFOMS Research and judicial) in March was 270.9 million reminiscent of Monet. BG. Tova is the smallest deficit recorded on a monthly basis this year, once in January and February was 899 million, respectively, and ch99100000 lv. Tuck the year to end March hole in public finances increases to 1shsh9900000 lv. Since the data for April hole in the budget just four months declined by about 1ch5sh900000 "We expect that in the month of April, and becomes evidence of the economy are justified.

The Minister of Economy and Energy Traicho Traikov the expected level of investment of 22% of the OHR. Takiva are the specialists of the Ministry of Economy and energetikata. Ecstasy value over the expected average in the European Union for up to 19 percent, said the minister was quoted as saying Traykov BNR. In the processes occurring in the economy are positive and the trade balance will balance.

The combined wealth of Bulgarian households during the crisis in 2009 amounted to BGN 1ch0 billion for the difference from the previous year, it declined by an impressive 3sh billion leva This report presents data on industry analyst Shatch, which includes their property and financial wealth Balgar. Osnovnata cause of reduction in total household wealth is the continuing decline in property prices. Without the Bulgarians lost their homes and, in spite of the increase in the numbers and sizes in a general fall in prices over a year, the total value of housing wealth decline relates to the financial wealth of Bulgarian households, analysts have reported increased 7 percent, which has already reached a billion leva in 3sh amount includes debt Bulgarians, as loans and leases.