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Economy

The state's money: Trade unions and employers demand change in tax laws

The submission and adoption of the state budget and tax laws will be delayed again this year. The reason - the caretaker government will wait for a new Parliament to be formed and start negotiations with parliamentary groups. Today, October 28, at the Tripartite Council, employers and trade...
Chiren underground gas storage facility filled at 100%
Chiren underground gas storage facility filled at 100%
The underground gas storage facility "Chiren" is filled at 100% of its technical storage capacity, gas transmission operator ‘Bulgartransgaz’ said on October 28. According to the...
Many food prices in Bulgaria exceed the European average
Many food prices in Bulgaria exceed the European average
Zlatka and Andrei Semovi have run a market stall in one of the markets in the capital for 10 years. They have a son in the third grade. They claim that even a monthly income of 2,616 BGN for a...
What kind of workers and professionals will Bulgarian businesses need in the next 12 months?
What kind of workers and professionals will Bulgarian businesses need in the next 12 months?
Bulgarian businesses will need nearly 262,000 workers and professionals in the next 12 months. This is according to the results of the Labour Needs Survey, which the Employment Agency conducted...
More than 200% milk price difference between farmers and consumers
There's over a 200% markup in farm-to-store fresh milk prices. Wholesale prices for fresh milk in this country are up by 19% from last year,...
Minimum wage in Bulgaria goes up to 1,077 BGN as of January 1, 2025
The Council of Ministers on October 23 adopted a decree setting the minimum wage at BGN 1,077, which is an increase by 15.4% or by BGN 144 more...
House prices in Bulgaria went up by 14% in 2024 alone
The increase in house prices remains high. The industry points out that for the last three months, it is between 10% and 15%. That's why the...
Financial position of Maritsa East Mines is deteriorating
The financial position of the state-owned Maritsa East Mines is deteriorating. The state will pay workers' salaries until next summer, when...
Border controls stepped up with Romania and Greece over sheep pox outbreaks
Border controls stepped up with Romania and Greece over sheep pox outbreaks
Due to outbreaks of smallpox in sheep, increased controls have been introduced for the...
Bulgarian 'LB Bulgaricum' and Japanese 'Meiji' will establish joint research laboratory in Bulgaria
Bulgarian 'LB Bulgaricum' and Japanese 'Meiji' will establish joint research laboratory in Bulgaria
The state-owned company "LB Bulgaricum" signed a contract with its long-standing partner - the...
Consumer prices growth in Bulgaria slows down - national statistics
Consumer prices growth in Bulgaria slows down - national statistics
For yet another month, inflation in Bulgaria experienced a slowdown. The annual inflation for...
Buying a property: Could the investment be a money laundering method?
Buying a property: Could the investment be a money laundering method?
The interest in mortgage lending and real estate investment has not waned in the past few years....
Slight increase in prices of some foods, fruits and vegetables during the previous week
Slight increase in prices of some foods, fruits and vegetables during the previous week
A slight increase in the prices of some staple food commodities, fruits and vegetables was...
Social partners fail to agree on minimum wage increase from Jan.1
Social partners fail to agree on minimum wage increase from Jan.1
The National Council for Tripartite Cooperation, which includes representatives of the trade...
Farmers call off protest plans
Farmers call off protest plans
Farmers received guarantees that they would receive the full amount of so-called "Ukrainian aid"...
'Kozloduy NPP - New Builds' signed a new contract with Westinghouse
'Kozloduy NPP - New Builds' signed a new contract with Westinghouse
The company ‘Kozloduy NPP - New Builds’, a subsidiary of Kozloduy NPP, has signed a...
Why do so many young people accumulate debt?
Why do so many young people accumulate debt?
Majority of young people in Bulgaria lack financial literacy. Many people under the age of 25 in...
First LNG supply to Bulgaria from the Alexandroupolis terminal
First LNG supply to Bulgaria from the Alexandroupolis terminal
The first delivery of LNG to Bulgaria was completed today, October 3, through the new floating...
Renovation of Kalotina check point has been completed, number of crossing lanes increased
Renovation of Kalotina check point has been completed, number of crossing lanes increased
The renovation of Kalotina check point, at Bulgaria’s order with Serbia, has been...
Increase in sunflower oil prices will be no more than 10%
Increase in sunflower oil prices will be no more than 10%
No signaficant increase in the price of sunflower oil is to be expected. If there is a price...
Finance Minister: Changes to the Recovery and Resilience Plan must be submitted by mid-October, otherwise Bulgaria risks losing BGN 2 billion in EU funding
Finance Minister: Changes to the Recovery and Resilience Plan must be submitted by mid-October, otherwise Bulgaria risks losing BGN 2 billion in EU funding
Bulgaria risks losing at least 2 billion BGN of EU funding due to Parliament's failure  to...
Wind power potential in the Black Sea discussed again by experts in Varna
Wind power potential in the Black Sea discussed again by experts in Varna
One of the hottest topics in the energy sector in recent years, the potential for wind energy...
Direct flights from Sofia to Stuttgart will be launched by low-cost airline from December
Direct flights from Sofia to Stuttgart will be launched by low-cost airline from December
The low-cost airline "Wizz Air" launches a new direct flight from Sofia to the German city of...
Natural gas prices in Bulgaria expected to rise by about 3% in October
Natural gas prices in Bulgaria expected to rise by about 3% in October
Natural gas prices in October are expected to rise by about 3%. This was confirmed to the Energy...
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