Business is revitalizing – Pogled Info –

/ world today news/ The good signals coming from the Bulgarian Stock Exchange give reason to believe that the economy is recovering.

This became clear from the words of Prime Minister Plamen Oresharski during the official reception on the occasion of the 100th anniversary of the capital market in Bulgaria. We remind you that SOFIX, the main index of the BSE, achieved a growth of 42% last year 2013, and since the beginning of the current year 2014, the recorded increase exceeds 20%. “There is a favorable environment for the development of the stock market in the country. A good legal base, a structured institutional framework, an attractive fiscal regime. This gives me reason to count the first positive signals coming from the end of last year and this year as signals of economic recovery I hope so,” said Prime Minister Oresharski. Finance Minister Petar Chobanov confirmed his comment, also drawing attention to the good performance of the stock exchange.
The BSE is launching an initiative to award annual scholarships to young people with the ambition to develop in the financial sphere. The scholarships will be 2 per year and will cover the cost of sitting for the CFA level one exam. The application criteria will be communicated further.
The 100th anniversary of the establishment of the stock exchange in Bulgaria was celebrated at an official reception in the capital residence “Lozenets”, which took place on Wednesday evening. The event was attended by a number of representatives of the financial sector in our country. In addition to the Prime Minister and the Minister of Finance, Asen Yagodin – Chairman of the Board of Directors of the BSE, Ivan Iskrov – Governor of the BNB, and Stoyan Mavrodiev, Chairman of the Financial Supervision Commission, gave short welcoming remarks. The current BSE executive directors Vasil Golemanski and Ivan Takev presented seven commemorative statuettes to individuals who contributed to the revival of the capital market in our country. Prizes were awarded to Plamen Oresharski, Viktor Papazov, Georgi Prohazki, Penyo Hadzhiev, Apostol Apostolov, Georgi Draichev and Bistra Ilkova.