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Economy

Prime Minister Radev Discussed Partnership Opportunities with Axon for Production of High-Tech Defense Products

During a meeting at the Council of Ministers with Nathan Soutel, the company's Senior Vice President for Global Commercial Programmes and Partnerships, Bulgaria's Prime Minister Rumen Radev discussed opportunities for partnership with Axon regarding the production of high-tech products in the...
Чете се за: 02:30 мин.
Nearly €1,500 Needed to Cover Monthly Living Costs for Three-Person Household in Bulgaria
Nearly €1,500 Needed to Cover Monthly Living Costs for Three-Person Household in Bulgaria
A net monthly income of €1,498 is now required for two working parents with one child under the age of 14 to maintain a reasonable standard of living, according to the latest figures from the...
Чете се за: 07:07 мин.
‘Basket of Care’: Have Customers Warmed to the Campaign?
‘Basket of Care’: Have Customers Warmed to the Campaign?
Nearly two months after the launch of the 'Basket of Care' initiative, the number of supermarket chains offering at least 15% off selected essential food products has risen to 14. However, one...
Чете се за: 04:50 мин.
Household Deposits in Bulgaria Reached Almost €57 Billion in the First Six Months of the Year
Household Deposits in Bulgaria Reached Almost €57 Billion in the First Six Months of the Year
Household deposits in banks increased by 18.6% year-on-year to €56.47 billion at the end of June this year, according to data from the Bulgarian National Bank (BNB). The growth rate slowed...
Чете се за: 01:45 мин.
Fuel Prices at Petrol Stations in Bulgaria Are Rising
The price of a barrel of oil on global markets has fallen to 90 dollars. The trend is towards further reductions, as there have been no...
Чете се за: 02:40 мин.
"20 Leva Became 20 Euros" – How the New Currency Has Changed Bulgarians' Financial Habits?
Nearly seven months after Bulgaria adopted the euro, how has the new currency changed people’s financial habits? Economists report that...
Чете се за: 03:45 мин.
Lawmakers Approved the 2026 State Budget
Bulgarian MPs on July 24 conclusively approved the state budget for this year. The vote began shortly after 9:00 am and ended five and a half...
Чете се за: 03:50 мин.
Government Officials Meet Rheinmetall: Bulgaria Must Be at the Centre of All EU Defence Initiatives
Prime Minister Rumen Radev met with representatives of Rheinmetall’s management at the Council of Ministers on July 23. The meeting was...
Чете се за: 06:10 мин.
Ministry of Finance: We Are Taking Steps to Reduce the Deficit Starting With the 2027 Budget
Ministry of Finance: We Are Taking Steps to Reduce the Deficit Starting With the 2027 Budget
The Ministry of Finance is already working on measures to reduce the deficit, the ministry told...
Чете се за: 01:05 мин.
EU Finance Ministers Voted to Open an Excessive Deficit Procedure Concerning Bulgaria
EU Finance Ministers Voted to Open an Excessive Deficit Procedure Concerning Bulgaria
The finance ministers of the EU member states have just voted to open an excessive deficit...
Чете се за: 02:35 мин.
Bulgarian Harvest Is Good, but Producers Call for Urgent Reforms
Bulgarian Harvest Is Good, but Producers Call for Urgent Reforms
Bulgaria’s harvest has been good, but the sector continues to face shortages of labour,...
Чете се за: 03:52 мин.
Fuel Prices Following the Latest Attacks in the Middle East – Retailers Expect Another Increase
Fuel Prices Following the Latest Attacks in the Middle East – Retailers Expect Another Increase
The latest escalation in tensions between the United States and Iran has once again unsettled...
Чете се за: 04:12 мин.
Rheinmetall Agreement in Doubt as Government Raises Project Funding Concerns
Rheinmetall Agreement in Doubt as Government Raises Project Funding Concerns
The government will review the agreements signed with German defence manufacturer Rheinmetall,...
Чете се за: 06:57 мин.
PM Rumen Radev Met with Representatives of Westinghouse
PM Rumen Radev Met with Representatives of Westinghouse
Prime Minister Rumen Radev met representatives of the leadership of Westinghouse at the Council...
Чете се за: 01:02 мин.
More Than 94% of Lev Banknotes and Coins in Circulation in Bulgaria Have Already Been Exchanged for Euros
More Than 94% of Lev Banknotes and Coins in Circulation in Bulgaria Have Already Been Exchanged for Euros
More than 94% of the Bulgarian lev banknotes and coins that were in circulation at the beginning...
Чете се за: 03:07 мин.
Electricity, Heating and Hot Water Prices Rise from Today
Electricity, Heating and Hot Water Prices Rise from Today
The new prices for electricity, district heating and hot water come into effect today. July 1....
Чете се за: 00:52 мин.
Record Budget Deficit Exceeds €2.5 Billion by End of May
Record Budget Deficit Exceeds €2.5 Billion by End of May
Bulgaria's budget deficit reached a record high of more than €2.5 billion, or 2% of GDP, by...
Чете се за: 00:45 мин.
'Litasco' to Lift Restrictions on Oil Supplies to Lukoil Neftochim after Talks with Bulgarian Government
'Litasco' to Lift Restrictions on Oil Supplies to Lukoil Neftochim after Talks with Bulgarian Government
Litasco will lift restrictions on oil supplies to Lukoil Neftochim Burgas, following talks...
Чете се за: 04:10 мин.
Deputy PM Alexander Pulev: Lukoil's Conduct Is of Vital Importance to the Protection of Bulgarian Interests
Deputy PM Alexander Pulev: Lukoil's Conduct Is of Vital Importance to the Protection of Bulgarian Interests
The conduct of Lukoil is of key importance for protecting Bulgaria's national interest, Deputy...
Чете се за: 02:55 мин.
Natural Gas Price in Bulgaria Rises, Regulator Approves July Tariff
Natural Gas Price in Bulgaria Rises, Regulator Approves July Tariff
The Energy and Water Regulatory Commission (EWRC) has approved a natural gas price of...
Чете се за: 02:42 мин.
Cost of Basic Consumer Basket In Bulgaria Rose By 8.9% In June
Cost of Basic Consumer Basket In Bulgaria Rose By 8.9% In June
The cost of Bulgaria's basic consumer basket increased by 8.9% in June compared with the same...
Чете се за: 01:45 мин.
Digital Euro: What We Don’t Fully Know About It Yet
Digital Euro: What We Don’t Fully Know About It Yet
Euro banknotes and coins remain a familiar part of everyday life, but innovation continues, and...
Чете се за: 06:25 мин.
"Progressive Bulgaria" Calls for an Audit of Expenditures on Pensions, Benefits, and Administration
"Progressive Bulgaria" Calls for an Audit of Expenditures on Pensions, Benefits, and Administration
Progressive Bulgaria has called for an audit of spending on pensions, supplements and public...
Чете се за: 02:25 мин.
Wholesale Food Prices in Bulgaria Continue Downward Trend, State Commission Reports
Wholesale Food Prices in Bulgaria Continue Downward Trend, State Commission Reports
Wholesale prices of basic food products, fruits and vegetables in Bulgaria continued to move...
Чете се за: 10:32 мин.
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