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Economy

"LB Bulgaricum" will sign a new contract in Japan

A new contract between the state-owned dairy company LB Bulgaricum and the Japanese company Meiji is expected to be signed in the autumn, announced the caretaker Minister of Economy and Industry Petko Nikolov in the National Assembly on August 9. There he was heard at the request of We...
"LB Bulgaricum" will sign a new contract in Japan
The poverty line for 2025 should be BGN 667, according to trade unions
The poverty line for 2025 should be BGN 667, according to trade unions
The poverty line for 2025 should be BGN 667, not BGN 638 as proposed by the Council of Ministers. This is what the Confederation of Independent Trade Unions in Bulgaria believes. The trade union...
Protesting vine growers and winemakers block Burgas-Sunny Beach road
Protesting vine growers and winemakers block Burgas-Sunny Beach road
Vine growers and winemakers on July 31 blocked the main road to Sunny Beach seaside resort in the area of Kamenar near Pomorie. Vineyard owners deployed heavy equipment at one of the roundabouts....
Parliament adopts decision to speed up the euro adoption process
Parliament adopts decision to speed up the euro adoption process
Parliament obliged the Ministry of Finance to request Bulgaria's membership in the euro area from July 1, 2025, if within the current year our country meets the inflation requirement. Within two...
Retirees from Western Europe are actively buying holiday homes on the Bulgarian Black Sea coast
Retirees from Western Europe are actively buying holiday homes on the Bulgarian Black Sea coast. Most are Germans, French and Dutch. Along with...
Bulgaria signed a contract for a feasibility study on the development of East-West energy corridor
Bulgaria’s caretaker Minister of Energy Vladimir Malinov on July 22 commented on the signing of the contract for the feasibility study for...
Trade Unions: Cost of living for a family of three in Bulgaria is BGN 2,615 per month
BGN 2,615 is needed to support two adults with one child under the age of 14, according to data of Confederation of Independent Trade Unions in...
Over 1,000 companies in Bulgaria went bankrupt in the second quarter of 2024 - national statistics
In the second quarter of 2024, the newly registered companies in the country were 11,328. The number of companies in insolvency/bankruptcy...
Third consecutive month of deflation reported by National Statistical Institute.
Third consecutive month of deflation reported by National Statistical Institute.
The National Statistical Institute (NSI) reported a third consecutive month of deflation....
Bulgarian pavilion for agricultural products, food and cosmetics in China
Bulgarian pavilion for agricultural products, food and cosmetics in China
Bulgarian producers of agricultural products, food and cosmetics will have the opportunity to...
July starts with higher price of electricity and lower price of heating
July starts with higher price of electricity and lower price of heating
The Energy and Water Regulatory Commission (EWRC) adopted a decision on the prices in the...
Is buying gold a worthwhile investment?
Is buying gold a worthwhile investment?
The price of gold has been rising in recent months. It appears that there is serious interest in...
Owners of solar power plants staged national protest near Pleven
Owners of solar power plants staged national protest near Pleven
Dozens of owners of solar power plants from across the country blocked the traffic on the main...
EC: Bulgaria not ready to adopt the euro
EC: Bulgaria not ready to adopt the euro
The European Commission and the European Central Bank on June 26 present the convergence report...
Bulgaria receives 65.2 million euros from EU to strengthen the electricity grid
Bulgaria receives 65.2 million euros from EU to strengthen the electricity grid
Bulgaria has received 65.2 million euros from the European Commission to strengthen the...
Vice President Iotova: Bulgaria should not slow down the pace of joining the euro zone
Vice President Iotova: Bulgaria should not slow down the pace of joining the euro zone
One of the main strategic tasks for the country remains the adoption of the euro, said Vice...
Kozloduy NPP Unit 6 shut down for planned repairs
Kozloduy NPP Unit 6 shut down for planned repairs
On June 15, 2024, Kozloduy NPP Unit 6 will be shut down for planned preventive maintenance due...
Harvest has started: no bread price hike expected
Harvest has started: no bread price hike expected
Bread price is not expected to increase based on expected yields, which will be over 500...
Banks in Bulgaria are implementing artificial intelligence gradually
Banks in Bulgaria are implementing artificial intelligence gradually
Banks in Bulgaria are more conservative and adopt elements of artificial intelligence (AI)...
Two contracts signed for the implementation of a vertical gas corridor
Two contracts signed for the implementation of a vertical gas corridor
The contract for the construction of a vertical gas corridor was signed in the Council of...
Livestock farmers from the country blocked the Sub-Balkan road, protest continues tomorrow
Livestock farmers from the country blocked the Sub-Balkan road, protest continues tomorrow
Livestock farmers from the country blocked the Sofia-Burgas sub-Balkan road on June 5. For about...
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
The development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of...
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
The Energy and Water Regulatory Commission (EWRC) forecasts an increase in electricity prices by...
Price of natural gas is set to increase by slightly over 8% in June
Price of natural gas is set to increase by slightly over 8% in June
The price of natural gas is set to increase by slightly more than 8% in June, Energy and Water...
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