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Economy

Central Bank: Inflation in Bulgaria expected to reach 1.9% by the end of the year

By the end of the year, inflation is expected to reach 1.9%, compared to 5% a year earlier, according to the macroeconomic forecast of the Bulgarian National Bank (BNB) for the economy's performance this year. As a result, the average annual inflation rate will reach 2.5%, and it is expected...
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Consumer Protection Commission has taken decisive action to put an end to unfair practices by mobile operators
Consumer Protection Commission has taken decisive action to put an end to unfair practices by mobile operators
The Consumer Protection Commission (CPC) has completed an important phase in the fight against unfair clauses, where telecom service providers unjustifiably demanded more than one penalty from...
Water prices across the country set to increase by an average of 2.6% starting from Jan 1, 2025
Water prices across the country set to increase by an average of 2.6% starting from Jan 1, 2025
From January 1 next year, water prices across the country will increase by an average of 2.6%. This is according to preliminary calculations by the Energy and Water Regulatory Commission. The...
Sofia Airport has opened new parking facilities with over 1,000 spaces
Sofia Airport has opened new parking facilities with over 1,000 spaces
The Director of SOF Connect, the operator of Sofia Airport, Jesus Caballero, and the CEO of "Glavbolgarstroy," Emil Angelov, inaugurated the new open parking lots at Sofia Airport today, November...
House prices in the coastal city of Varna are rising - what are the reasons?
Property prices in the coastal city Varna and the region have increased by nearly 16% in the second quarter of 2024 compared to the same period...
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Over 120,000 young people in Bulgaria are in debt, what is the reason?
More than 120,000 young people in the country under the age of 30 are debtors with non-performing loans. Poor management of personal finances is...
Cigarettes Without Excise Stamps Worth 1,880,000 BGN Seized in a Warehouse in Plovdiv
Plovdiv District Prosecutor’s Office and the General Directorate for Combatting Organised Crime (GDBOP) held a joint briefing regarding an...
New car sales in Bulgaria grow faster than the average for the EU
In Bulgaria, new car sales are growing three times faster than the average for the European Union. In October, new car sales in the EU increased...
Commission for Protection of Competition initiates investigation into the spike of insurance costs for taxi drivers
Commission for Protection of Competition initiates investigation into the spike of insurance costs for taxi drivers
The Commission for the Protection of Competition self-initiated a probe into a possible cartel...
Taxi drivers stage a national protest over dramatic spike in insurance costs
Taxi drivers stage a national protest over dramatic spike in insurance costs
Taxi drivers stage a national protest on November 20. They insist that the increase in the price...
Trade Unions: Nearly 48% of households in Bulgaria are below the poverty line
Trade Unions: Nearly 48% of households in Bulgaria are below the poverty line
The working poor in Bulgaria have increased by 50% in recent years, with their share rising from...
Preparation for joining the euro area: Banking sector in Bulgaria is ready for the country's membership
Preparation for joining the euro area: Banking sector in Bulgaria is ready for the country's membership
The banking sector in Bulgaria is ready for the country's euro area membership. A continuous...
Share of working poor in Bulgaria has increased by 50% in the past few years
Share of working poor in Bulgaria has increased by 50% in the past few years
The number of working poor in Bulgaria has increased by 50% in the past few years. Their...
The standard of living in Bulgaria: Richest in Sofia, poorest in Vidin region
The standard of living in Bulgaria: Richest in Sofia, poorest in Vidin region
The capital remains the richest, although Sofia's share in the national total declined by two...
Bulgaria to ask EC for protective measures against honey imports from Ukraine
Bulgaria to ask EC for protective measures against honey imports from Ukraine
Bulgaria will ask the European Commission for protective measures against Ukrainian honey...
First sod of the Danube Industrial Technology Park in Svishtov.
First sod of the Danube Industrial Technology Park in Svishtov.
Caretaker Minister of Innovation and Growth Rosen Karadimov on November 7 made the first sod of...
Taxi drivers ready to protest due to a spike in price of third party liability insurance from 260 to 3,000 BGN
Taxi drivers ready to protest due to a spike in price of third party liability insurance from 260 to 3,000 BGN
Taxi drivers across the country are on protest alert. They are unhappy with the drastic increase...
The largest paper mill in the country to close at the end of the year
The largest paper mill in the country to close at the end of the year
The largest paper mill in the country, the one in the Southern Bulgarian town of Stamboliyski...
Contract for construction of new capacities at Kozloduy nulcear power plant signed
Contract for construction of new capacities at Kozloduy nulcear power plant signed
An engineering contract for the construction of new capacity at Kozloduy nuclear power plant...
EWRC approved 8% increase in natural gas price in Bulgaria for November
EWRC approved 8% increase in natural gas price in Bulgaria for November
The Energy and Water Regulatory Commission (EWRC) approved the natural gas price for November at...
The state's money: Trade unions and employers demand change in tax laws
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....
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...
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...
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....
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