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Economy

Bulgaria Moves to Curb Fuel Exports to Prevent Price Speculation

Bulgaria is temporarily restricting the export of petroleum products in a bid to prevent price speculation and safeguard domestic supplies. The decision was approved in an emergency vote in Parliament, which adopted preventative measures relating to fuel. Opposition MPs warned the move could...
Чете се за: 07:52 мин.
Bulgaria Moves to Curb Fuel Exports to Prevent Price Speculation
Sharp Rise in New Deposits, Particularly in Euros, Central Bank Data Shows
Sharp Rise in New Deposits, Particularly in Euros, Central Bank Data Shows
Statistics from the Bulgarian National Bank (BNB) reveal a sharp increase in newly opened deposits, especially euro-denominated accounts. In September alone, households deposited BGN 325 million....
Чете се за: 06:15 мин.
'Lukoil' Set to Sell Its Foreign Assets to Gunvor, Burgas Refinery Is Part of the Deal
'Lukoil' Set to Sell Its Foreign Assets to Gunvor, Burgas Refinery Is Part of the Deal
Russian oil giant Lukoil is set to sell its foreign assets to the Cyprus-registered energy company Gunvor. Lukoil announced that it has accepted an offer for the purchase of 100% of its...
Чете се за: 03:05 мин.
Bulgarian Carrier “GullivAir” Appointed to Operate Air Routes to Pakistan
Bulgarian Carrier “GullivAir” Appointed to Operate Air Routes to Pakistan
The government has designated the Bulgarian airline GullivAir Ltd. to operate two air routes connecting Bulgaria with Pakistan. Under the cabinet’s decision, GullivAir will be authorised...
Чете се за: 00:47 мин.
Fitch Ratings Confirms Bulgarian Development Bank Credit Rating at ‘BBB+’ with Stable Outlook
The international rating agency Fitch Ratings has confirmed the long-term credit rating of the Bulgarian Development Bank (BDB) at...
Чете се за: 01:42 мин.
Cost of Living: 2,785 BGN Net Monthly Income Needed To Support a Family with One Child
The “net” wage needed to cover living expenses after taxes and social security contributions for a single person living alone in...
Чете се за: 02:30 мин.
Bulgaria and Rheinmetall Sign Agreement to Build Gunpowder and Ammunition Plant
German defence giant Rheinmetall and the Bulgarian government have launched a strategic €1 billion project to build a plant for ammunition...
Чете се за: 05:15 мин.
Bulgaria Could Reach 70% of the EU’s Average Standard of Living Within Two Years
Within the next two years, Bulgaria could achieve 70% of the average standard of living in the European Union, according to economic experts....
Чете се за: 04:22 мин.
Chair of BICA: “The issue with the refinery in Bulgaria is anything but harmless”
Chair of BICA: “The issue with the refinery in Bulgaria is anything but harmless”
Rumen Radev, former Minister of Energy and Chair of the Board of the Bulgarian Industrial...
Чете се за: 03:22 мин.
Record Sales of New and Used Cars in the Country
Record Sales of New and Used Cars in the Country
Car dealers across Bulgaria are reporting a surge in both new and second-hand car sales. Over...
Чете се за: 02:50 мин.
Record Price: Smilyan Beans Reach 25 BGN per kg
Record Price: Smilyan Beans Reach 25 BGN per kg
At the festival of the Smiljan beans, which was on Saturday, the delicate variety called "bean"...
Чете се за: 03:22 мин.
Bulgaria and Rheinmetall Sign Strategic Deal to Build Gunpowder and Ammunition Factory
Bulgaria and Rheinmetall Sign Strategic Deal to Build Gunpowder and Ammunition Factory
The Bulgarian state and the German technology group Rheinmetall are set to announce the launch...
Чете се за: 02:25 мин.
EU Court: The Formula for Calculating Proportional Distribution in Heating Bills in Bulgaria Should Be Rewritten – It Is Neither Accurate nor Transparent
EU Court: The Formula for Calculating Proportional Distribution in Heating Bills in Bulgaria Should Be Rewritten – It Is Neither Accurate nor Transparent
The mathematical formula used to calculate the so-called proportional distribution in heating...
Чете се за: 05:55 мин.
Bulgarian Grain Producers in Protest Readiness, Demand Meeting with PM
Bulgarian Grain Producers in Protest Readiness, Demand Meeting with PM
Bulgarian grain producers have announced a state of protest readiness and called for the...
Чете се за: 07:00 мин.
Direct Flights to the United States: Bulgarian Airline to Launch Regular Services to New York and Chicago from April 2026
Direct Flights to the United States: Bulgarian Airline to Launch Regular Services to New York and Chicago from April 2026
Bulgarian airline GullivAir has successfully completed all procedures with the U.S. Federal...
Чете се за: 03:57 мин.
U.S. Sanctions on Russian Oil Companies: What Impact Will They Have on Bulgaria’s Fuel Market?
U.S. Sanctions on Russian Oil Companies: What Impact Will They Have on Bulgaria’s Fuel Market?
The Bulgarian fuel market will not experience disruptions as a result of the U.S. sanctions...
Чете се за: 01:27 мин.
Some Services in Bulgaria Have Nearly Doubled in Price over the Past Year
Some Services in Bulgaria Have Nearly Doubled in Price over the Past Year
Prices for certain services in Bulgaria have seen sharp increases over the past year, with some...
Чете се за: 04:12 мин.
Over 40 Companies Express Interest in the Construction of Terminal 3 and Upgrade of Terminal 2 at Sofia airport
Over 40 Companies Express Interest in the Construction of Terminal 3 and Upgrade of Terminal 2 at Sofia airport
More than 40 companies have expressed interest in the construction of Terminal 3 and the...
Чете се за: 02:30 мин.
Governor of the Bulgarian National Bank: Europe Needs Stability and Reform Amid Uncertainty
Governor of the Bulgarian National Bank: Europe Needs Stability and Reform Amid Uncertainty
Europe is facing a complex and uncertain environment in which stability and reform should go...
Чете се за: 01:32 мин.
Cost of Consumer Basket Rises by BGN 2 Over the Week
Cost of Consumer Basket Rises by BGN 2 Over the Week
The cost of a consumer basket consisting of 27 basic food products has increased by BGN 2 this...
Чете се за: 00:52 мин.
Vegetables and Prices – What Challenges Are Producers Facing?
Vegetables and Prices – What Challenges Are Producers Facing?
Vegetable producers in southwestern Bulgaria are reporting difficulties in selling their...
Чете се за: 01:50 мин.
EU Ready to Invest Further in Bulgaria-Serbia Gas Link
EU Ready to Invest Further in Bulgaria-Serbia Gas Link
The European Union is prepared to make additional investments in the Bulgaria-Serbia gas...
Чете се за: 02:52 мин.
Kozloduy NPP’s Nuclear Reactors to Operate for Over 20 More Years
Kozloduy NPP’s Nuclear Reactors to Operate for Over 20 More Years
The 5th and 6th units at the Kozloduy Nuclear Power Plant (NPP) are projected to remain...
Чете се за: 04:55 мин.
Retail Food Markups in Bulgaria Reach Between 50% and 90%, Trade Unions Data Shows
Retail Food Markups in Bulgaria Reach Between 50% and 90%, Trade Unions Data Shows
The Confederation of Independent Trade Unions in Bulgaria (CITUB) has reported that food markups...
Чете се за: 05:10 мин.
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