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Economy

The Euro Adoption Opens Doors to New Tourists and Investments in Bulgaria

Mayors and experts from the tourism sector expect that Bulgaria’s adoption of the euro will have a positive impact on the country’s tourism, as it will create opportunities to attract more foreign visitors and investors. However, they stress that urgent measures are needed for...
Чете се за: 03:45 мин.
Why Can't We Do Wthout Inflation?
Why Can't We Do Wthout Inflation?
Inflation is always associated with something unfavourable for consumers as well as for businesses. The textbook rule is that 2% inflation is healthy for the economy. Therefore, over recent...
Чете се за: 06:27 мин.
Consumer Basket Becomes More Expensive in Bulgaria: Is It Linked to the Euro Adoption?
Consumer Basket Becomes More Expensive in Bulgaria: Is It Linked to the Euro Adoption?
The consumer basket has risen by BGN 1 in the past week, the Commodity Exchanges and Auctions Commission reported. This is due to the change in the price of fruit and vegetables and is not...
Чете се за: 01:52 мин.
Risk of Fuel Shortages at Small Petrol Stations Due to Bio-Additive Deficit
Risk of Fuel Shortages at Small Petrol Stations Due to Bio-Additive Deficit
Small petrol stations across Bulgaria may soon run out of petrol, fuel traders have warned. The problem, ongoing for several days, stems from a shortage of a mandatory bio-additive required in...
Чете се за: 02:05 мин.
Requirement for Dual Display of Prices in Lev and Euro in Bulgaria Comes into Effect
The requirement for prices of goods and services in Bulgaria to be displayed in both lev and euro (BGN and EUR) has now entered into force....
Чете се за: 01:40 мин.
Inspections in the Seaside Town of Sozopol: Venue Operating Without Mandatory Categorisation for Four Years
Inspectors from six Bulgarian state bodies are carrying out a large-scale operation in the coastal town of Sozopol, monitoring compliance with...
Чете се за: 04:15 мин.
One Day Before the Deadline: Traders Rush to Update Price Tags in Both Lev and Euro
A day ahead of the official deadline for all goods in Bulgaria to be labelled in both lev and euro, traders across the country are rushing to...
Чете се за: 02:35 мин.
Bulgarian National Bank: The Economy is Slowing Down
The Bulgarian economy is showing signs of slowing down, according to the quarterly publication Economic Review by the Bulgarian National Bank...
Чете се за: 01:02 мин.
Cabinet Approves the Establishment of a "Store for the People"
Cabinet Approves the Establishment of a "Store for the People"
The Council of Ministers has approved a resolution to establish a single-member joint-stock...
Чете се за: 02:37 мин.
Consumer Basket Has Increased by BGN 7
Consumer Basket Has Increased by BGN 7
The consumer basket of 27 basic food products has increased in price by BGN 7 on an annual...
Чете се за: 01:52 мин.
Record Number of Counterfeit 100-Leva Banknotes Detected, Authorities Warn
Record Number of Counterfeit 100-Leva Banknotes Detected, Authorities Warn
Data from the Bulgarian National Bank (BNB) shows that in the second quarter of this year, 1,247...
Чете се за: 03:35 мин.
US Bank to Seek Financing for New Units at Kozloduy Nuclear Power Plant
US Bank to Seek Financing for New Units at Kozloduy Nuclear Power Plant
The company 'Kozloduy Nuclear Power Plant-New Builds' has signed an agreement with the American...
Чете се за: 01:20 мин.
Labour Market Shows Positive Dynamics, the Employment Agency Reports
Labour Market Shows Positive Dynamics, the Employment Agency Reports
The labour market in Bulgaria remains stable in the middle of the year and continues to develop...
Чете се за: 04:55 мин.
National Statistics: Food, Alcohol and Tobacco Prices in Bulgaria Continue to Rise
National Statistics: Food, Alcohol and Tobacco Prices in Bulgaria Continue to Rise
Food, alcohol, and tobacco prices in Bulgaria continue to rise, albeit at a slower pace,...
Чете се за: 00:52 мин.
Deputy Governor of the Bulgarian National Bank Predicts Another Credit Rating Upgrade
Deputy Governor of the Bulgarian National Bank Predicts Another Credit Rating Upgrade
Fitch and Standard & Poor’s upgraded Bulgaria’s credit rating following the...
Чете се за: 02:00 мин.
Fitch and S&P Upgrade Bulgaria’s Credit Rating
Fitch and S&P Upgrade Bulgaria’s Credit Rating
In extraordinary rating actions, international credit rating agencies Fitch Ratings and S&P...
Чете се за: 03:07 мин.
Will Property Prices Change with the Adoption of the Euro?
Will Property Prices Change with the Adoption of the Euro?
For over 20 years, real estate in Bulgaria has been offered in euros—a practice both...
Чете се за: 05:02 мин.
Energy Minister: Only 11% of Capacity Under 'Botas' Contract Utilised to Date
Energy Minister: Only 11% of Capacity Under 'Botas' Contract Utilised to Date
Only 11% of the capacity under the contract with Turkish company Botas has been used since it...
Чете се за: 02:27 мин.
Aircraft Maintenance Sector in Bulgaria Is Bringing Back Workers from Abroad
Aircraft Maintenance Sector in Bulgaria Is Bringing Back Workers from Abroad
An unexpected trend is emerging in Bulgaria: a not so known sector is drawing back Bulgarians...
Чете се за: 04:17 мин.
The Trend of Decreasing Consumer Basket Prices Continues
The Trend of Decreasing Consumer Basket Prices Continues
The trend of declining prices in the consumer basket continues, according to data from the State...
Чете се за: 02:02 мин.
Pensions in Bulgaria Increase by 8.6% from July 1 - What Will It Actually Cover for Pensioners?
Pensions in Bulgaria Increase by 8.6% from July 1 - What Will It Actually Cover for Pensioners?
Starting today, July 1, pensions in Bulgaria will increase by 8.6%, following the so-called...
Чете се за: 04:52 мин.
Tax Authorities Launch Summer Inspections Along Bulgarian Black Sea Coast, Monitor for Unjustified Price Hikes
Tax Authorities Launch Summer Inspections Along Bulgarian Black Sea Coast, Monitor for Unjustified Price Hikes
The National Revenue Agency (NRA) has launched its annual summer inspection campaign to ensure...
Чете се за: 03:25 мин.
New Higher Prices for Electricity, District Heating, and Hot Water Take Effect from 1 July
New Higher Prices for Electricity, District Heating, and Hot Water Take Effect from 1 July
As of July 1, the Energy and Water Regulatory Commission (EWRC) has approved new, higher prices...
Чете се за: 02:45 мин.
Bulgarian National Bank Governor Participates in the 95th Annual General Meeting of the Bank for International Settlements
Bulgarian National Bank Governor Participates in the 95th Annual General Meeting of the Bank for International Settlements
The Governor of the Bulgarian National Bank (BNB), Mr. Dimitar Radev, took part in the 95th...
Чете се за: 01:42 мин.
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