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Economy

"Fair Value": New Package of Measures Against High Food Prices Being Prepared by the Government

A new package of measures aimed at addressing the continued rise in food prices has been approved by Parliament. Under the changes, which were adopted at final reading, the concept of a "fair value" will be introduced. This value will be determined according to a methodology developed by the...
Чете се за: 05:05 мин.
Investigation Sought Into Former Lukoil Chief Valentin Zlatev’s Property Deal Involving Russian-Owned Assets
Investigation Sought Into Former Lukoil Chief Valentin Zlatev’s Property Deal Involving Russian-Owned Assets
'Democratic Bulgaria' has submitted complaints to Bulgaria’s State Agency for National Security (SANS) and the Prosecutor's Office over concerns that European Union sanctions may have been...
Чете се за: 02:47 мин.
Deputy Prime Minister Galab Donev: Budget Deficit Stands at 7.4%
Deputy Prime Minister Galab Donev: Budget Deficit Stands at 7.4%
“What is the financial reality at present? A deficit of 7.4% if no existing policies are changed and no measures are taken to consolidate public spending. There is also a further €2.2...
Чете се за: 05:17 мин.
OECD Has Revised its 2026 Economic Growth Forecast for Bulgaria Downward to 2.5% Due to Inflation and High Energy Costs
OECD Has Revised its 2026 Economic Growth Forecast for Bulgaria Downward to 2.5% Due to Inflation and High Energy Costs
The Organisation for Economic Co-operation and Development (OECD) expects Bulgaria’s economic growth to slow to 2.5% in 2026 and 2.3% in 2027 amid higher inflation, rising energy costs and...
Чете се за: 08:47 мин.
Experts Discuss the Role of Artificial Intelligence in Everyday Banking
Artificial intelligence is already part of everyday banking, but the technology is expected to become increasingly tailored to the individual...
Чете се за: 03:52 мин.
Eurostat: Inflation in Bulgaria and the Eurozone Hits Highest Level in 32 Months
Inflation in the eurozone reached 3.2 per cent year-on-year in May, marking the highest level recorded since September 2023, according to...
Чете се за: 02:07 мин.
Fiscal Council Reports Record Budget Deficit as at May 2026
The Ministry of Finance has published statistical information on the implementation of the state budget as of April 2026, as well as preliminary...
Чете се за: 01:15 мин.
Electricity and District Heating Prices to Rise from 1 July – See Where and by How Much
Despite significantly higher price requests from energy companies, Bulgaria’s Energy and Water Regulatory Commission (EWRC) has adopted a...
Чете се за: 04:15 мин.
Bulgaria Emerges as World Leader in Electricity Storage Batteries
Bulgaria Emerges as World Leader in Electricity Storage Batteries
Bulgaria is a global leader in terms of the share of electricity storage batteries within its...
Чете се за: 04:47 мин.
NSI Reports Increase in Annual Inflation Rate in Bulgaria
NSI Reports Increase in Annual Inflation Rate in Bulgaria
Bulgaria’s annual inflation rate increased in May, according to a preliminary flash...
Чете се за: 01:17 мин.
“Everything is very expensive, how can we afford living”: At a market in Vidin – what producers, traders and customers think about prices
“Everything is very expensive, how can we afford living”: At a market in Vidin – what producers, traders and customers think about prices
Annual inflation of 6.8% was reported by the National Statistical Institute at the end of April....
Чете се за: 06:55 мин.
Energy Minister is replacing the management and launching inspections at the Bulgarian Energy Holding
Energy Minister is replacing the management and launching inspections at the Bulgarian Energy Holding
The new Energy Minister, Iva Petrova, is launching audits at the Bulgarian Energy Holding (BEH),...
Чете се за: 03:45 мин.
Milk is being purchased from farms at €0.30, livestock breeders on the brink of bankruptcy
Milk is being purchased from farms at €0.30, livestock breeders on the brink of bankruptcy
Bulgarian livestock breeders are on the brink of survival due to low farm gate prices,...
Чете се за: 04:50 мин.
Imported and counterfeit honey are undercutting the market, prompting calls for support from Bulgarian producers
Imported and counterfeit honey are undercutting the market, prompting calls for support from Bulgarian producers
Bulgarian honey still manages to hold its position on the market, despite fierce competition,...
Чете се за: 04:30 мин.
Beekeepers Raise Alarm Over Counterfeit Honey and Pressure from Cheap Imports in the Sector
Beekeepers Raise Alarm Over Counterfeit Honey and Pressure from Cheap Imports in the Sector
Counterfeit honey, unfair imports, and insufficient support for the sector are among the main...
Чете се за: 04:57 мин.
Rose growers complain of poor harvest, lack of labour and low farm gate prices
Rose growers complain of poor harvest, lack of labour and low farm gate prices
The campaign to harvest rose blossoms is once again facing difficulties this year, as producers...
Чете се за: 07:37 мин.
Surge in hotel bookings for next year following Bulgaria’s Eurovision win by artist Dara with her hit "Bangaranga
Surge in hotel bookings for next year following Bulgaria’s Eurovision win by artist Dara with her hit "Bangaranga
Immediate economic effects have been reported just hours after Bulgaria’s victory at the...
Чете се за: 04:40 мин.
Commission on Protection of Competition accuses 7 companies of cartel in public procurement for supply of hospital food and construction machinery.
Commission on Protection of Competition accuses 7 companies of cartel in public procurement for supply of hospital food and construction machinery.
The Commission on Protection of Competition has accused seven companies of participating in...
Чете се за: 02:17 мин.
Foreign investment in Bulgaria rises 87% year-on-year after eurozone entry
Foreign investment in Bulgaria rises 87% year-on-year after eurozone entry
In the first two months following Bulgaria’s adoption of the euro, foreign direct...
Чете се за: 05:45 мин.
NRA: Diesel currently at its lowest price in 40 days
NRA: Diesel currently at its lowest price in 40 days
Diesel prices fell by 2 euro cents on a daily basis to €1.72 per litre, reaching their...
Чете се за: 00:45 мин.
Bulgaria’s eurozone integration: country moves towards joining stability mechanism
Bulgaria’s eurozone integration: country moves towards joining stability mechanism
Members of the Parliamet's ad-hoc budget committee on May 14 voted by an overwhelming majority...
Чете се за: 02:52 мин.
PM Rumen Radev: The state will not in any way intervene in the market
PM Rumen Radev: The state will not in any way intervene in the market
At the Council of Ministers, cabinet ministers, representatives of regulatory and oversight...
Чете се за: 01:52 мин.
Governor of Bulgaria’s central bank: Economic stability in the country increasingly depends on fiscal discipline
Governor of Bulgaria’s central bank: Economic stability in the country increasingly depends on fiscal discipline
Economic stability in the country increasingly depends on fiscal discipline, the Governor of the...
Чете се за: 02:05 мин.
Bulgaria is second in the EU for economic growth in Q1 2026, Eurostat data show
Bulgaria is second in the EU for economic growth in Q1 2026, Eurostat data show
Economic growth in the European Union and the euro area slowed in the first quarter of 2026 on...
Чете се за: 03:00 мин.
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