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Economy

Ministry of Finance: We Are Taking Steps to Reduce the Deficit Starting With the 2027 Budget

The Ministry of Finance is already working on measures to reduce the deficit, the ministry told Bulgarian National Television (BNT). The ministry also commented that there is indeed a discrepancy between the European Commission’s projected deficit and the figure included in the...
Чете се за: 01:05 мин.
Ministry of Finance: We Are Taking Steps to Reduce the Deficit Starting With the 2027 Budget
EU Finance Ministers Voted to Open an Excessive Deficit Procedure Concerning Bulgaria
EU Finance Ministers Voted to Open an Excessive Deficit Procedure Concerning Bulgaria
The finance ministers of the EU member states have just voted to open an excessive deficit procedure concerning Bulgaria. They also adopted a recommendation for the country outlining the...
Чете се за: 02:35 мин.
Bulgarian Harvest Is Good, but Producers Call for Urgent Reforms
Bulgarian Harvest Is Good, but Producers Call for Urgent Reforms
Bulgaria’s harvest has been good, but the sector continues to face shortages of labour, inadequate irrigation and a lack of fair market conditions. The Fruit and Vegetable Industry...
Чете се за: 03:52 мин.
Fuel Prices Following the Latest Attacks in the Middle East – Retailers Expect Another Increase
Fuel Prices Following the Latest Attacks in the Middle East – Retailers Expect Another Increase
The latest escalation in tensions between the United States and Iran has once again unsettled global oil markets. For now, average fuel prices in Bulgaria remain stable, but traders expect the...
Чете се за: 04:12 мин.
Rheinmetall Agreement in Doubt as Government Raises Project Funding Concerns
The government will review the agreements signed with German defence manufacturer Rheinmetall, it emerged during a hearing of the Economy Minister...
Чете се за: 06:57 мин.
PM Rumen Radev Met with Representatives of Westinghouse
Prime Minister Rumen Radev met representatives of the leadership of Westinghouse at the Council of Ministers, the government's press office said...
Чете се за: 01:02 мин.
More Than 94% of Lev Banknotes and Coins in Circulation in Bulgaria Have Already Been Exchanged for Euros
More than 94% of the Bulgarian lev banknotes and coins that were in circulation at the beginning of 2025 have now been exchanged for euros. This...
Чете се за: 03:07 мин.
Electricity, Heating and Hot Water Prices Rise from Today
The new prices for electricity, district heating and hot water come into effect today. July 1. Household electricity prices are increasing by 3%,...
Чете се за: 00:52 мин.
Record Budget Deficit Exceeds €2.5 Billion by End of May
Record Budget Deficit Exceeds €2.5 Billion by End of May
Bulgaria's budget deficit reached a record high of more than €2.5 billion, or 2% of GDP, by...
Чете се за: 00:45 мин.
'Litasco' to Lift Restrictions on Oil Supplies to Lukoil Neftochim after Talks with Bulgarian Government
'Litasco' to Lift Restrictions on Oil Supplies to Lukoil Neftochim after Talks with Bulgarian Government
Litasco will lift restrictions on oil supplies to Lukoil Neftochim Burgas, following talks...
Чете се за: 04:10 мин.
Deputy PM Alexander Pulev: Lukoil's Conduct Is of Vital Importance to the Protection of Bulgarian Interests
Deputy PM Alexander Pulev: Lukoil's Conduct Is of Vital Importance to the Protection of Bulgarian Interests
The conduct of Lukoil is of key importance for protecting Bulgaria's national interest, Deputy...
Чете се за: 02:55 мин.
Natural Gas Price in Bulgaria Rises, Regulator Approves July Tariff
Natural Gas Price in Bulgaria Rises, Regulator Approves July Tariff
The Energy and Water Regulatory Commission (EWRC) has approved a natural gas price of...
Чете се за: 02:42 мин.
Cost of Basic Consumer Basket In Bulgaria Rose By 8.9% In June
Cost of Basic Consumer Basket In Bulgaria Rose By 8.9% In June
The cost of Bulgaria's basic consumer basket increased by 8.9% in June compared with the same...
Чете се за: 01:45 мин.
Digital Euro: What We Don’t Fully Know About It Yet
Digital Euro: What We Don’t Fully Know About It Yet
Euro banknotes and coins remain a familiar part of everyday life, but innovation continues, and...
Чете се за: 06:25 мин.
"Progressive Bulgaria" Calls for an Audit of Expenditures on Pensions, Benefits, and Administration
"Progressive Bulgaria" Calls for an Audit of Expenditures on Pensions, Benefits, and Administration
Progressive Bulgaria has called for an audit of spending on pensions, supplements and public...
Чете се за: 02:25 мин.
Wholesale Food Prices in Bulgaria Continue Downward Trend, State Commission Reports
Wholesale Food Prices in Bulgaria Continue Downward Trend, State Commission Reports
Wholesale prices of basic food products, fruits and vegetables in Bulgaria continued to move...
Чете се за: 10:32 мин.
President Iliana Iotova: Bulgaria’s Banking System Is Exceptionally Well-Functioning
President Iliana Iotova: Bulgaria’s Banking System Is Exceptionally Well-Functioning
“The banking system in Bulgaria is exceptionally well-functioning. If we go back to...
Чете се за: 03:30 мин.
Progressive Property Taxation: Owners of Multiple Properties May Face Higher Taxes Under Planned Reform
Progressive Property Taxation: Owners of Multiple Properties May Face Higher Taxes Under Planned Reform
Owners of more than one home can breathe a sigh of relief this year, but from next year they may...
Чете се за: 05:12 мин.
The State Budget Is Ready—What Will the Minimum Wage Be?
The State Budget Is Ready—What Will the Minimum Wage Be?
Finance Minister Galab Donev on June 23 announced that the state budget for this year has been...
Чете се за: 07:20 мин.
Bulgaria’s Economy Is Highly Vulnerable to External Shocks, Says ECB Economist
Bulgaria’s Economy Is Highly Vulnerable to External Shocks, Says ECB Economist
Bulgaria’s economy is highly vulnerable to external shocks, according to Aleksandar Popov,...
Чете се за: 01:45 мин.
Hospitality Industry Reports 15–20% Price Increase on Bulgaria’s Northern Black Sea Coast Compared with Last Year
Hospitality Industry Reports 15–20% Price Increase on Bulgaria’s Northern Black Sea Coast Compared with Last Year
Prices in restaurants, bars and cafés in Varna and the surrounding resorts have increased...
Чете се за: 05:15 мин.
What Are Prices Like on Bulgaria’s Southern Black Sea Coast This Year?
What Are Prices Like on Bulgaria’s Southern Black Sea Coast This Year?
Expensive or still affordable? That is the question on which tourists and businesses are giving...
Чете се за: 05:02 мин.
Just 11 Days Remain for Fee-Free Lev-to-Euro Exchanges at Commercial Banks in Bulgaria
Just 11 Days Remain for Fee-Free Lev-to-Euro Exchanges at Commercial Banks in Bulgaria
Exactly 11 days remain before the deadline for free lev-to-euro exchanges at commercial banks in...
Чете се за: 04:00 мин.
Cherry Picking in Bulgaria’s Kyustendil Region Has Begun; Producers Dissatisfied with the Prices
Cherry Picking in Bulgaria’s Kyustendil Region Has Begun; Producers Dissatisfied with the Prices
Cherry picking and purchasing have begun in the Kyustendil region, Southwestern Bulgaria. After...
Чете се за: 05:42 мин.
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