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Economy

Finance Minister Vassilev at IMF: 1 January 2025 remains the target date for the euro changeover in Bulgaria

Bulgaria's readiness to join the euro area was the main focus of Finance Minister Assen Vassilev's talks with International Monetary Fund Managing Director, Kristalina Georgieva, in Washington on February 14. They discussed all aspects of Bulgaria's preparations for joining the euro area,...
Finance Minister Vassilev at IMF: 1 January 2025 remains the target date for the euro changeover in Bulgaria
BNB completes the approval process for the design of Bulgaria's future euro coins
BNB completes the approval process for the design of Bulgaria's future euro coins
The Bulgarian National Bank completed the process of coordinating and approving the design of the Bulgarian euro coins. This is another important step that Bulgaria’s central bank has...
US Corporation for International Development is interested in financing energy projects in Bulgaria
US Corporation for International Development is interested in financing energy projects in Bulgaria
Opportunities for investment in energy projects in Bulgaria and the North-South transport and energy connectivity project between Greece, Bulgaria and Romania were discussed yesterday in...
Agricultural producers and farm animal breeders protest in the centre of Sofia
Agricultural producers and farm animal breeders protest in the centre of Sofia
26 agricultural organisations blocked the square in front of the Council of Ministers in Sofia on February 13. The main demand of the organisers is for the resignation of Minister of Agriculture,...
Time of parting - farmers' protests during an agreement
Tensions remain in the agriculture sector. While some farmers are signing an agreement with the government, other farmers are again blocking roads...
Burgas airport will be closed for a month for renovation
Burgas Airport will be temporarily closed for nearly a month due to the need for repair works, the company concessionaire of the airport said on...
IMF managing director: European governments may regret supporting protesting farmers
Governments in Europe should resist calls for greater financial support from protesting farmers in Europe, Kristalina Georgieva, managing director...
Parliament adopted changes to the Energy Act at second reading
The Parliament adopted at second reading amendments to the Energy Act, allowing gas consumers to install at their own expense a device that will...
Negotiations between farmers and government reach no consensus, protests continue (update)
Negotiations between farmers and government reach no consensus, protests continue (update)
After the blockades, the lit straw and the tonnes of spilled milk, the government and the...
Energy diversification and new nuclear capacities in the focus of Bulgaria's Finance Minister's visit to the US
Energy diversification and new nuclear capacities in the focus of Bulgaria's Finance Minister's visit to the US
Bulgaria’s Minister of Finance, Assen Vassilev, held talks with United States...
Protesting farmers blocked roads across Bulgaria
Protesting farmers blocked roads across Bulgaria
Dozens of locations across the country were blocked for two hours by tractors and heavy farming...
Prime Minister: No reason for farmers' protests
Prime Minister: No reason for farmers' protests
There are no grounds for the farmers' protests. It is no coincidence that they are being staged...
Fishermen from Varna: Offshore wind farms in the Black Sea could potentially drive fish away
Fishermen from Varna: Offshore wind farms in the Black Sea could potentially drive fish away
If wind farms are built in the Black Sea, this could potentially drive fish away, further out to...
2.2% is the budget deficit for 2023, Ministry of Finance says
2.2% is the budget deficit for 2023, Ministry of Finance says
2.2% is the budget deficit for 2023, calculated according to the European methodology, the...
Inflation-linked or cartel? Why are telecoms in Bulgaria raising the prices?
Inflation-linked or cartel? Why are telecoms in Bulgaria raising the prices?
All three telecommunications companies in the country announced a new price hike due to...
Bulgarian grain farmers prepare for protests
Bulgarian grain farmers prepare for protests
The Association of Grain Producers begins preparations for effective protests next week, the...
Bulgaria to ask for extraordinary convergence report from Brussels over eurozone
Bulgaria to ask for extraordinary convergence report from Brussels over eurozone
Bulgaria will request an extraordinary convergence report from the European Commission in...
Inflation in Bulgaria remains high
Inflation in Bulgaria remains high
Inflation in Bulgaria remains high and the pace at which it is slowing down is insufficient to...
EIB grants a loan for 1,530 charging stations for electric cars in Bulgaria
EIB grants a loan for 1,530 charging stations for electric cars in Bulgaria
The European Investment Bank has approved a €40 million loan to Austria-registered Eldrive...
"Gallup" survey: Every second Bulgarian feels uncertain about the adoption of the euro
"Gallup" survey: Every second Bulgarian feels uncertain about the adoption of the euro
The prospect of Bulgaria adopting the euro continues to cause uncertainty and public concern...
The new seventh unit of Kozloduy Nuclear Power Plant will be ready by 2034
The new seventh unit of Kozloduy Nuclear Power Plant will be ready by 2034
Within a month Bulgaria is expected to conclude an agreement with the US on the future...
EC gives green light for financing a feasibility study for third Danube bridge at Rousse - Giurgiu
EC gives green light for financing a feasibility study for third Danube bridge at Rousse - Giurgiu
The European Commission has given the green light for financing a feasibility study for a new...
Bulgaria's gas transmission operator Bulgartransgaz and Turkey's peer Botas signed interconnection agreement
Bulgaria's gas transmission operator Bulgartransgaz and Turkey's peer Botas signed interconnection agreement
The Bulgarian gas transmission operator Bulgartransgaz EAD and the operator of the gas...
Nexo company sues Bulgaria for over $3 billion
Nexo company sues Bulgaria for over $3 billion
Digital assets company Nexo is suing Bulgaria for more than USD 3 billion. The claim has been...
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