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Economy

EC Representation in Bulgaria launches an information campaign on the adoption of the euro

As of today, September 4, 2023, the European Commission Representation in Bulgaria is launching an information campaign on the adoption of the euro. The campaign aims to answer the question how the transition to the single currency will take place and what will happen with our money, Boyko...
EC Representation in Bulgaria launches an information campaign on the adoption of the euro
The insurance business of the murdered Alexey Petrov and the connection with the Green Card system
The insurance business of the murdered Alexey Petrov and the connection with the Green Card system
Among the topics, in relation with which the name of murdered Alexey Petrov has been mentioned since late last year and early this year, are the changes to the Insurance Code. For years Bulgaria...
Inflation in Bulgaria rose by 0.9% for a month, annual rate is 8.5%
Inflation in Bulgaria rose by 0.9% for a month, annual rate is 8.5%
Monthly inflation is 0.9% and annual inflation compared to July last year is 8.5%, according to the National Statistical Institute In July 2023, compared to the previous month, the largest...
Prices of milk and dairy products have risen by nearly 50% in recent 4-5 years
Prices of milk and dairy products have risen by nearly 50% in recent 4-5 years
The Commission for Protection of Competition has initiated proceedings to establish whether there are cartels that have led to an increase in the price of basic foods, including milk and dairy...
Agriculture Minister denies meat price speculation
A meeting takes place in the Ministry of Agriculture on August 14 to discuss prices of meat. They are also examining the results of the...
NRA, food safety agency start checks in dairy pricing
An investigation into possible cartel in the formation of prices for dairy products is requested by the Consumer Protection Association. The...
Fuel prices rise, but no shocks expected, industry says
Fuel prices have gone up again in recent days. According to the industry, no shock increase in petrol and diesel prices is expected. The reason...
Around 65,000 to 70,000 tourists from Germany will come to Bulgaria in August
In August, some 65,000 to 70,000 tourists from Germany will arrive in Bulgaria and will have around 400,000 overnight stays, Tihomir Patarinski,...
The rise in euro area core inflation remains persistent
The rise in euro area core inflation remains persistent
Lending in the country remains high amid another ECB interest rate hike. The central bank's goal...
Central Bank’s Governor in an interview with BNT: Interest rates on loans and deposits in Bulgaria will increase more and more noticeably
Central Bank’s Governor in an interview with BNT: Interest rates on loans and deposits in Bulgaria will increase more and more noticeably
Interest rates on loans and deposits in Bulgariawill start to increase more and more. This was...
Minister of Economy and US Ambassador discussed investment opportunities
Minister of Economy and US Ambassador discussed investment opportunities
Reducing the administrative burden and deadlines for the implementation of foreign investments...
Bulgaria marks the highest annual increase in electric vehicle sales among EU countries, but at the same time Bulgarians drive the oldest cars
Bulgaria marks the highest annual increase in electric vehicle sales among EU countries, but at the same time Bulgarians drive the oldest cars
Bulgaria is in first place in Europe in terms of increase in sales of electric cars. Last month,...
Parliament conclusively adopted amendments to the law paving the way for termination of Lukoil concession for Oil Port “Rosenets”
Parliament conclusively adopted amendments to the law paving the way for termination of Lukoil concession for Oil Port “Rosenets”
With 144 votes "for", 52 "against", the Parliament on July 21 conclusively adopted legislative...
"Lukoil" on the "Rosenets" oil terminal concession: We fulfilled our obligations as per the contract with Bulgaria
"Lukoil" on the "Rosenets" oil terminal concession: We fulfilled our obligations as per the contract with Bulgaria
"Lukoil Neftohim Burgas" will sue all those who claim that the company operates in violation of...
Dimitar Radev was re-elected as the Governor of Bulgaria's Cenral Bank
Dimitar Radev was re-elected as the Governor of Bulgaria's Cenral Bank
The current governor of the Bulgarian National Bank (BNB) Dimitar Radev will keep his post after...
Trade Unions: Cost of living for a family of three in Bulgaria is BGN 2,524 per month
Trade Unions: Cost of living for a family of three in Bulgaria is BGN 2,524 per month
The net monthly income needed for a person living alone and working is BGN 1,402, according to...
Minister of Economy: Arms exports in 2022 up by 200%
Minister of Economy: Arms exports in 2022 up by 200%
"According to data from 2022, exports of specialised arms production have increased by 200%....
National statistics: Monthly inflation fell by 0.4%, annual inflation stands at 8.7%
National statistics: Monthly inflation fell by 0.4%, annual inflation stands at 8.7%
Monthly inflation for June was -0.4% and annual inflation was 8.7%, National Statistical...
Electricity supplier “Electrohold” stops issuing paper bills after September 2023
Electricity supplier “Electrohold” stops issuing paper bills after September 2023
From September 2023, the subscribers of the electricity distribution company for Southwest...
Bulgaria’s Parliament rejects holding referendum on retaining the lev as the only official currency until 2043
Bulgaria’s Parliament rejects holding referendum on retaining the lev as the only official currency until 2043
Bulgaria’s National Assembly on July 7, 2023, rejected a proposal to hold a referendum on...
90% of fast loan firms in Bulgaria violate the rights of customers
90% of fast loan firms in Bulgaria violate the rights of customers
90% of the fast loan companies in Bulgaria violate the rights of customers and mislead them with...
Where do government, trade unions and employers differ on the draft state budget?
Where do government, trade unions and employers differ on the draft state budget?
The National Council for Tripartite Cooperation ( which includes representatives of the trade...
Is it possible to adopt the euro as a parallel currency?
Is it possible to adopt the euro as a parallel currency?
The European Central Bank reacted sparingly to the possibility Bulgaria to introduce the euro as...
Prices of electricity up by 4.3% and of heating by 0.12% from July 1
Prices of electricity up by 4.3% and of heating by 0.12% from July 1
The Energy and Water Regulatory Commission (EWRC) set new prices for heating, hot water and...
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