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Economy

Bulgarian Clothing Manufacturers Seek New Markets Amid Rising U.S. Tariffs

Bulgarian garment manufacturers are being forced to seek new markets due to the higher tariffs on industrial goods imposed by U.S. President Donald Trump. Industry representatives fear that the ongoing trade war may prompt China to redirect its exports to Europe, further exacerbating price...
Чете се за: 03:55 мин.
Bulgarian Clothing Manufacturers Seek New Markets Amid Rising U.S. Tariffs
Truck Control: Toll Systems Will Monitor Whether Heavy Goods Vehicles Are Overloaded
Truck Control: Toll Systems Will Monitor Whether Heavy Goods Vehicles Are Overloaded
Beginning May 1, the price of annual electronic vignettes in Bulgaria will rise from 87 BGN to 97 BGN. Additionally, starting in June, the country’s toll system is expected to begin tracking...
Чете се за: 04:20 мин.
National Revenue Agency Introduces New Accounting Rules from 1 January 2026
National Revenue Agency Introduces New Accounting Rules from 1 January 2026
New regulations are on the horizon for businesses in Bulgaria. Accountants are forecasting a rise in the cost of their services, while employers are anticipating additional operational expenses....
Чете се за: 03:57 мин.
Cost of Living For a Family of Three in Bulgaria Rises to 2,738 BGN per Month
Cost of Living For a Family of Three in Bulgaria Rises to 2,738 BGN per Month
As at the first quarter of this year, BGN 2,738 is the amount needed to sustain a household consisting of two adults and one child under the age of 14. Compared to the last three months of the...
Чете се за: 02:57 мин.
Bulgaria Moves Toward the Eurozone: European Commission Sets Date for Convergence Report Release
The European Commission has set June 4 as the date for the release of the ad-hoc convergence report evaluating Bulgaria's readiness to adopt the...
Чете се за: 00:40 мин.
Council of Ministers Adopts Decree on the Implementation of Bulgaria’s 2025 State Budget
The Council of Ministers has adopted a decree on the implementation of the State Budget of the Republic of Bulgaria for 2025, in accordance with...
Чете се за: 02:07 мин.
Bulgaria Signs Agreement with Shell for Oil and Gas Exploration in Black Sea Block "1-26 Khan Tervel"
A contract was officially signed on April 15 at the Council of Ministers between the Ministry of Energy and Shell Exploration & Production for...
Чете се за: 05:55 мин.
Expected Interest Rate Cuts by Central Banks in 2025: What It Means for Borrowers and the Economy
Expectations are mounting that the world’s major central banks will begin gradually lowering their key interest rates this year. The timing...
Чете се за: 04:17 мин.
Monthly inflation rate in Bulgaria in March 2025 was 0.2%
Monthly inflation rate in Bulgaria in March 2025 was 0.2%
The National Statistical Institute (NSI) has reported a monthly inflation rate of 0.2% for...
Чете се за: 00:42 мин.
Launch of "Easter Basket" initiative in Bulgaria aims to ensure that key traditional Easter foods are available at affordable prices
Launch of "Easter Basket" initiative in Bulgaria aims to ensure that key traditional Easter foods are available at affordable prices
From April 11 to 19, 2025, the "Easter Basket" initiative will be launched for the first time in...
Чете се за: 03:22 мин.
Bulgaria has the lowest minimum wage in the EU, Eurostat data shows
Bulgaria has the lowest minimum wage in the EU, Eurostat data shows
As at January 2025, among EU countries that have national minimum wages, only ten had minimum...
Чете се за: 03:37 мин.
After the snowfall in April: Frost damage to crops and potential losses
After the snowfall in April: Frost damage to crops and potential losses
The rapeseed harvest may be entirely lost due to the April snowfall and the cold weather in...
Чете се за: 02:10 мин.
Restaurant owners demand 9% VAT at a protest in Sofia
Restaurant owners demand 9% VAT at a protest in Sofia
Restaurant owners held a national protest in Sofia on April 9. They blocked Alexander Battenberg...
Чете се за: 01:35 мин.
BNB approves the revised graphic designs for the Bulgarian national side of the euro coins
BNB approves the revised graphic designs for the Bulgarian national side of the euro coins
Today, at its meeting, the Governing Council of the Bulgarian National Bank (BNB)  approved...
Чете се за: 03:12 мин.
"Fruit trees have frozen! There will be no harvest this year": Severe frost destroys orchards in many areas in Bulgaria
"Fruit trees have frozen! There will be no harvest this year": Severe frost destroys orchards in many areas in Bulgaria
Unseasonal snowfall and low temperatures have caused widespread frost damage to fruit orchards...
Чете се за: 03:17 мин.
Some district heating companies seek significant increase in prices of heating and hot water from 1 July
Some district heating companies seek significant increase in prices of heating and hot water from 1 July
Starting from July 1, the prices of heating energy in Bulgaria may rise significantly if the...
Чете се за: 01:45 мин.
How will U.S. tariffs affect the Bulgarian economy?
How will U.S. tariffs affect the Bulgarian economy?
The new tariff policy of the United States may weaken Bulgarian firms' competitive edge and lead...
Чете се за: 06:47 мин.
Road tolls increase: How does the toll system price according to the eco-category of the trucks?
Road tolls increase: How does the toll system price according to the eco-category of the trucks?
After the increase in toll rates, hauliers have raised concerns that trucks of lower...
Чете се за: 03:30 мин.
Against the grey sector: Revenue Agency starts monitoring thousands of handymen doing home repairs
Against the grey sector: Revenue Agency starts monitoring thousands of handymen doing home repairs
The National Revenue Agency has started monitoring thousands of home repair workers. The idea is...
Чете се за: 03:15 мин.
Toll fees increase from April 1, more expensive vignettes from May 1
Toll fees increase from April 1, more expensive vignettes from May 1
Starting today, April 1, the new, higher toll system prices are in effect. The increase is by...
Чете се за: 04:07 мин.
IMF Managing Director, Kristalina Georgieva: Recession is not on the horizon despite tariff worries
IMF Managing Director, Kristalina Georgieva: Recession is not on the horizon despite tariff worries
 U.S. President Donald Trump's push for sweeping tariffs is creating great uncertainty and...
Чете се за: 02:17 мин.
Price of natural gas in Bulgaria drops by 14.3% in April
Price of natural gas in Bulgaria drops by 14.3% in April
The Energy and Water Regulatory Commission (EWRC) has set a new, lower price for natural gas...
Чете се за: 02:50 мин.
Restaurant, hotel sectors are preparing for a nationwide protest under the slogan "Politicians, don't turn our lights off!"
Restaurant, hotel sectors are preparing for a nationwide protest under the slogan "Politicians, don't turn our lights off!"
The united tourism sector announces a nationwide protest under the slogan: "Politicians,...
Чете се за: 03:27 мин.
Head of utilities regulator predicts a 14% decrease in the price of natural gas in Bulgaria for April
Head of utilities regulator predicts a 14% decrease in the price of natural gas in Bulgaria for April
A reduction of 14.3% for the price of natural gas in April is expected, as stated by the new...
Чете се за: 03:22 мин.
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