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Bulgarian Stock Exchange – Sofia
The Bulgarian Stock Exchange (, Romanized: ''Bulgarska fondova borsa''), or BSE, is the sole licensed and operating stock exchange in Bulgaria. It was founded on 10 October 1991. The BSE is 50.5% owned by the Bulgarian government, which is actively seeking potential investors, some of them being the Frankfurt Stock Exchange, Athens Stock Exchange, OMX, and the Prague Stock Exchange. The exchange has a pre-market session from 9:00 am to 9:20 am, regular trading hours from 9:20 am to 1:45 pm, and a post-market session from 1:45 pm to 4:00 pm on all days of the week except Saturdays, Sundays, and holidays. History The original exchange, the Sofia Stock Exchange, which had been established by a tsar's decree in 1914, ceased to operate after the Second World War as Bulgaria became a communist state. BSE's first index, the SOFIX, was created in October 2000, followed by three additional indices over the years. In January 2011, the stock exchange itself (Symbol: BSO) was adde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgarian Stock Exchange June 2018 Logo
Bulgarian may refer to: * Something of, from, or related to the country of Bulgaria * Bulgarians, a South Slavic ethnic group * Bulgarian language, a Slavic language * Bulgarian alphabet * A citizen of Bulgaria, see Demographics of Bulgaria * Bulgarian culture * Bulgarian cuisine, a representative of the cuisine of Southeastern Europe See also * * List of Bulgarians * Bulgarian name, names of Bulgarians * Bulgarian umbrella, an umbrella with a hidden pneumatic mechanism * Bulgar (other) * Bulgarian-Serbian War (other) The term Bulgarian-Serbian War or Serbian-Bulgarian War may refer to: * Bulgarian-Serbian War (839-842) * Bulgarian-Serbian War (853) * Bulgarian-Serbian wars (917-924) * Bulgarian-Serbian War (1330) * Bulgarian-Serbian War (1885) * Bulgarian ... {{disambiguation Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communist State
A communist state, also known as a Marxist–Leninist state, is a one-party state in which the totality of the power belongs to a party adhering to some form of Marxism–Leninism, a branch of the communist ideology. Marxism–Leninism was the Ideology of the Communist Party of the Soviet Union, state ideology of the Soviet Union, the Comintern after its Bolshevisation, and the communist states within the Comecon, the Eastern Bloc, and the Warsaw Pact. After the peak of Marxism–Leninism, when many communist states were established, the Revolutions of 1989 brought down most of the communist states; however, Communism remained the official ideology of the ruling parties of Chinese Communist Party, China, Communist Party of Cuba, Cuba, Lao People's Revolutionary Party, Laos, Communist Party of Vietnam, Vietnam, and to a lesser extent, Workers' Party of Korea, North Korea. During the later part of the 20th century, before the Revolutions of 1989, around one-third of the world's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Bulgaria
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is a developed country, developing, industrialised, mid-income country according to the World Bank, and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the BSEC, Organization of the Black Sea Economic Cooperation (BSEC). The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $107 billion (nominal, 2024 est.) or $229 billion (PPP, 2024 est.), GDP per capita of $36,000 (PPP, 2024 est.), average gross monthly salary of 2,468 Bulgarian lev, leva (1,262 euro) (December 2024), and average net monthly salary of $2,191 (adjusted for living costs in PPP) (Q2 2024). The national currency is the Bulgarian lev, lev (plural leva), pegged to the euro at 1.955 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchanges In Europe
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of shareholders. Stock can be bought and sold privately or on stock exchanges. Transactions of the former are closely overseen by governments and regulatory ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1991
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Depository AD
The Central Depositary AD or CDAD, is one of two central securities depositories in Bulgaria, the other being the Bulgarian National Bank Government Securities Settlement System. Overview CDAD was established as a joint-stock company on . It committed to connecting to the TARGET2-Securities (T2S) securities settlement platform of the Eurosystem in October 2022. CDAD's shareholders include the Bulgarian Ministry of Finance, the country's main banks and investment firms, and the Bulgarian Stock Exchange. The Ministry of Finance has the largest single stake at 43.7 percent. The Bulgarian National Bank The Bulgarian National Bank (, , BNB) is the central bank of the Republic of Bulgaria. It has also been Bulgaria's national competent authority within European Banking Supervision since 2020. Headquartered in Sofia, the bank was established in ... was a shareholder until 2011, when it sold its 20 percent stake to the Ministry of Finance. Other shareholders may not hold more than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informally known as "commissioners") corresponding to two thirds of the number of Member state of the European Union, member states, unless the European Council, acting unanimously, decides to alter this number. The current number of commissioners is 27, including the president. It includes an administrative body of about 32,000 European civil servants. The commission is divided into departments known as Directorate-General, Directorates-General (DGs) that can be likened to departments or Ministry (government department), ministries each headed by a director-general who is responsible to a commissioner. Currently, there is one member per European Union member state, member state, but members are bound by their oath of office to represent the genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Markets Union
The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Juncker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a European Single Market, single market for capital in the whole territory of the EU by the end of 2019. The reasoning behind the idea was to address the issue that corporate finance relies on debt (i.e. Loan, bank loans) and the fact that capital markets in European Union, Europe were not sufficiently integrated so as to protect the EU and especially the Eurozone from future crisis. The ''Five Presidents Report'' of June 2015 proposed the CMU in order to complement the Banking union of the European Union and eventually finish the Economic and Monetary Union of the European Union, Economic and Monetary Union (EMU) project.' The CMU is supposed to attract 2000 billion dollars more on the European capital markets, on the long-term. The CMU was c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
