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Economy

Bulgarina National Bank tightens mortgage lending rules

The Bulgarian National Bank (BNB) imposes additional restrictions on the granting of mortgage loans to households. Commercial banks will finance no more than 85% of the value of the home and monthly repayments will be up to 50% of the borrower's monthly income. The central bank also imposes a...
Bulgarina National Bank tightens mortgage lending rules
EC reminds that Bulgaria has agreed to phase out coal-fuelled power plants by 2038
EC reminds that Bulgaria has agreed to phase out coal-fuelled power plants by 2038
Bulgaria has committed to phase out coal by 2038. This is recalled in the Commission's annual report on the state of energy in the EU and individual member states. The document also recalls that...
President Rumen Radev: Turkyie is our biggest trading and economic partner outside the EU
President Rumen Radev: Turkyie is our biggest trading and economic partner outside the EU
Foreign direct investment in Bulgaria last year grew by 38% on an annual basis and exceeded BGN 3.6 billion, which is a serious record for recent years, President Rumen Radev said on September 10...
The future Terminal 3 will turn Sofia Airport into the first 5-star regional airport in Europe (photos)
The future Terminal 3 will turn Sofia Airport into the first 5-star regional airport in Europe (photos)
The operator of Sofia Airport - SOF Connect, on September 10, presented the conceptual design of the future Terminal 3. With it, Sofia Airport begins a major transformation that will turn it into...
More and more Bulgarians resort to quick loans to buy goods or services
More and more Bulgarians resort to quick loans to buy goods or services, rather than financing an urgent need. This shows the analysis of...
NRA and SANS start checking the buffer parking lots at the borders
The National Revenue Agency (NRA) and the State Agency for National Security (SANS) will start on September 5 an inspection in connection with the...
Head of Customs to prepare a plan to ease heavy traffic at border crossings
The Director of the Customs Agency will prepare a unified strategy for traffic management and throughput at all border crossing points in the...
Commission for protection of consumers bans mobile operators from charging high early termination fees
The Consumer Protection Commission has banned unfair aggressive commercial practices by mobile operators regarding the maximum amount of...
Beekeepers seek urgent help from the state over drought
Beekeepers seek urgent help from the state over drought
Beekeepers are asking for urgent help from the state because of the prolonged drought during the...
Hotels at Bulgarian Black Sea coast cut prices as the peak summer season passes
Hotels at Bulgarian Black Sea coast cut prices as the peak summer season passes
Hotels on the Bulgarian Southern Black Sea coast offer lower prices for holidays in September....
Turkiye and Bulgaria discussed expansion of Malko Tarnovo border crossing point
Turkiye and Bulgaria discussed expansion of Malko Tarnovo border crossing point
A delegation from Turkiye’s administrative district of Kırklareli on August 14 arrived in...
"LB Bulgaricum" will sign a new contract in Japan
"LB Bulgaricum" will sign a new contract in Japan
A new contract between the state-owned dairy company LB Bulgaricum and the Japanese company...
The poverty line for 2025 should be BGN 667, according to trade unions
The poverty line for 2025 should be BGN 667, according to trade unions
The poverty line for 2025 should be BGN 667, not BGN 638 as proposed by the Council of...
Protesting vine growers and winemakers block Burgas-Sunny Beach road
Protesting vine growers and winemakers block Burgas-Sunny Beach road
Vine growers and winemakers on July 31 blocked the main road to Sunny Beach seaside resort in...
Parliament adopts decision to speed up the euro adoption process
Parliament adopts decision to speed up the euro adoption process
Parliament obliged the Ministry of Finance to request Bulgaria's membership in the euro area...
Retirees from Western Europe are actively buying holiday homes on the Bulgarian Black Sea coast
Retirees from Western Europe are actively buying holiday homes on the Bulgarian Black Sea coast
Retirees from Western Europe are actively buying holiday homes on the Bulgarian Black Sea coast....
Bulgaria signed a contract for a feasibility study on the development of East-West energy corridor
Bulgaria signed a contract for a feasibility study on the development of East-West energy corridor
Bulgaria’s caretaker Minister of Energy Vladimir Malinov on July 22 commented on the...
Trade Unions: Cost of living for a family of three in Bulgaria is BGN 2,615 per month
Trade Unions: Cost of living for a family of three in Bulgaria is BGN 2,615 per month
BGN 2,615 is needed to support two adults with one child under the age of 14, according to data...
Over 1,000 companies in Bulgaria went bankrupt in the second quarter of 2024 - national statistics
Over 1,000 companies in Bulgaria went bankrupt in the second quarter of 2024 - national statistics
In the second quarter of 2024, the newly registered companies in the country were 11,328. The...
Third consecutive month of deflation reported by National Statistical Institute.
Third consecutive month of deflation reported by National Statistical Institute.
The National Statistical Institute (NSI) reported a third consecutive month of deflation....
Bulgarian pavilion for agricultural products, food and cosmetics in China
Bulgarian pavilion for agricultural products, food and cosmetics in China
Bulgarian producers of agricultural products, food and cosmetics will have the opportunity to...
July starts with higher price of electricity and lower price of heating
July starts with higher price of electricity and lower price of heating
The Energy and Water Regulatory Commission (EWRC) adopted a decision on the prices in the...
Is buying gold a worthwhile investment?
Is buying gold a worthwhile investment?
The price of gold has been rising in recent months. It appears that there is serious interest in...
Owners of solar power plants staged national protest near Pleven
Owners of solar power plants staged national protest near Pleven
Dozens of owners of solar power plants from across the country blocked the traffic on the main...
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