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Bulgaria's Prosecutor's Office closes the investigation into "Nexo" crypto currency platform

Bulgaria’s Prosecutor’s office said on December 22 that it closed the investigation into cryptocurrency firm Nexo after finding no evidence of money laundering, tax crimes, computer fraud, and providing banking services without a licence. During the investigation, four persons...
Water and sewerage bills set to rise by 15% as of January 1
Water and sewerage bills set to rise by 15% as of January 1
The prices of water and sewerage services will rise from 1 January 2024, the Energy and Water Regulatory Commission said on December 22. The Water and Sewerage Commission has adopted a decision...
Bulgaria's Parliament adopted Budget 2024
Bulgaria's Parliament adopted Budget 2024
Parliament voted to adopt Budget 2024 at second reading on December 21. The chairman of the budget committee in the Parliament, Yordan Tsonev, called the budget historic and congratulated all...
Bulgaria's path to Schengen: What would be the benefits of membership in the visa-free area?
Bulgaria's path to Schengen: What would be the benefits of membership in the visa-free area?
Phased entry into Schengen - this is a possibility for Bulgaria and Romania after Austria proposed for both countries to abolish border checks at airports. Joining the so-called "air Schengen" is...
"Lukoil" is considering sale of its assets in Bulgaria
"In view of the significant change in the operating conditions of the Lukoil Group companies in Bulgaria, the company has commenced work to review...
Why invest in gold?
Throughout human history, gold has been used as money. Apart from its monetary role, it has many other uses, from being used for making jewellery...
Testing of the gas interconnector between Bulgaria and Serbia will begin within days
The Serbia-Bulgaria gas interconnector will be put into trial operation in a few days, Serbian Minister of Mining Industry and Energy Dubravka...
Price of natural gas in December rises by 6.5%
The Energy and Water Regulatory Commission (EWRC) set a new price for natural gas from today, December 1. It is by 6.5% higher than the price in...
Finance Minister reports a drop in state budget deficit in November
Finance Minister reports a drop in state budget deficit in November
The state budget deficit for November had dropped to 0.6%, Finance Minister Asen Vassilev said...
Minister of Agriculture on the farmers' protest: This is not the face of Bulgarian agriculture
Minister of Agriculture on the farmers' protest: This is not the face of Bulgarian agriculture
Minister of Agriculture, Kiril Vatev, defined the demands of the protesting farmers on November...
Farmers and animal breeders seek the resigantion of Minister of Agriculture
Farmers and animal breeders seek the resigantion of Minister of Agriculture
Farmers from all over the country staged another protest on November 30 outside the Ministry of...
Alarming trend: Over 18,000 young people in Bulgaria are unemployed
Alarming trend: Over 18,000 young people in Bulgaria are unemployed
The number of young people who are not studying or working is increasing. According to the data...
Slight decline in business climate in Bulgaria reported by NSI
Slight decline in business climate in Bulgaria reported by NSI
In November 2023, the overall business climate indicator is 21.6%. The indicator remains roughly...
Minister of Finance: Low deficit leads to a policy of stable poverty
Minister of Finance: Low deficit leads to a policy of stable poverty
Maintaining a zero deficit or 1% of GDP would mean a policy of stable poverty, Finance Minister,...
BNB Governor on draft state budget 2024: There are discrepancies between fiscal and monetary policy
BNB Governor on draft state budget 2024: There are discrepancies between fiscal and monetary policy
The draft budget for 2024 creates prerequisites for imbalances in the economy, Bulgarian...
Draft budget 2024 tabled in Parliament for discussion in budget and finance committee
Draft budget 2024 tabled in Parliament for discussion in budget and finance committee
The 2024 draft state budget and the budgets of the health fund and the public insurance are...
Parliament reduced the limit of cash payments to BGN 5,000
Parliament reduced the limit of cash payments to BGN 5,000
The Parliament reduced the limit for legal cash payments from BGN 10,000 to BGN 5,000 through...
Minister of Economy: We expect GDP growth between 3% and 5% after joining the euro area and Schengen
Minister of Economy: We expect GDP growth between 3% and 5% after joining the euro area and Schengen
The economy ministers of Bulgaria and Romania on november 23 commented on the expectations for...
National Council for Tripartite Cooperation did not back 2024 state budget bill
National Council for Tripartite Cooperation did not back 2024 state budget bill
After a record 6-hour meeting of the National Council for Tripartite Cooperation on November 21,...
Parliament rejected proposal for abolition of the derogation for Russian oil imports
Parliament rejected proposal for abolition of the derogation for Russian oil imports
Bulgaria’s Parliament on November 16 rejected a proposal by GERB, supported by the...
NSI announced the inflation rate in Bulgaria for October
NSI announced the inflation rate in Bulgaria for October
In October 2023, the monthly inflation rate, measured by the Consumer Price Index...
The derogation for import of Russian crude oil has no impact on fuel prices, experts say
The derogation for import of Russian crude oil has no impact on fuel prices, experts say
The derogation that Bulgaria enjoys for importing and processing Russian oil does not affect the...
Average wage in Bulgaria in September rises to over BGN 2,000 per month, national statistics
Average wage in Bulgaria in September rises to over BGN 2,000 per month, national statistics
For the first time, the average gross wage in Bulgaria is higher than BGN 2,000, National...
PM: Government increased taxes for Lukoil to reduce Burgas refinery's excess profits
PM: Government increased taxes for Lukoil to reduce Burgas refinery's excess profits
Prime Minister Acad. Nikolai Denkov commented on a report published on November 9 that the...
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