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Economy

EC: Bulgaria not ready to adopt the euro

The European Commission and the European Central Bank on June 26 present the convergence report on the adoption of the euro in Bulgaria. It is expected to confirm that the country has not fulfilled all the criteria to adopt the single European currency on January 1st next year, which were the...
EC: Bulgaria not ready to adopt the euro
Bulgaria receives 65.2 million euros from EU to strengthen the electricity grid
Bulgaria receives 65.2 million euros from EU to strengthen the electricity grid
Bulgaria has received 65.2 million euros from the European Commission to strengthen the electricity grid in the country and integrate renewable energy sources into it. The money comes from the...
Vice President Iotova: Bulgaria should not slow down the pace of joining the euro zone
Vice President Iotova: Bulgaria should not slow down the pace of joining the euro zone
One of the main strategic tasks for the country remains the adoption of the euro, said Vice President Iliana Iotova, who on June 17 opened a forum dedicated to the country's future accession to...
Kozloduy NPP Unit 6 shut down for planned repairs
Kozloduy NPP Unit 6 shut down for planned repairs
On June 15, 2024, Kozloduy NPP Unit 6 will be shut down for planned preventive maintenance due to faults detected in the process of operation of the oil system of the 24/400kV unit transformer...
Harvest has started: no bread price hike expected
Bread price is not expected to increase based on expected yields, which will be over 500 kg/decare, said caretaker Minister of Agriculture and...
Banks in Bulgaria are implementing artificial intelligence gradually
Banks in Bulgaria are more conservative and adopt elements of artificial intelligence (AI) slower. The reason is they manage huge financial...
Two contracts signed for the implementation of a vertical gas corridor
The contract for the construction of a vertical gas corridor was signed in the Council of Ministers on June 6. The purpose of the Vertical Gas...
Livestock farmers from the country blocked the Sub-Balkan road, protest continues tomorrow
Livestock farmers from the country blocked the Sofia-Burgas sub-Balkan road on June 5. For about an hour they protested in the area above the town...
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
The development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of...
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
The Energy and Water Regulatory Commission (EWRC) forecasts an increase in electricity prices by...
Price of natural gas is set to increase by slightly over 8% in June
Price of natural gas is set to increase by slightly over 8% in June
The price of natural gas is set to increase by slightly more than 8% in June, Energy and Water...
Over 80 companies from the IT sector took part in career forum of the Faculty of Mathematics and Informatics of Sofia University
Over 80 companies from the IT sector took part in career forum of the Faculty of Mathematics and Informatics of Sofia University
Over 80 companies from the IT sector participate in the career forum of the Faculty of...
Kozloduy NPP to terminate contract with Russia for nuclear fuel supply
Kozloduy NPP to terminate contract with Russia for nuclear fuel supply
Kozloduy nuclear power plant (NPP) will terminate the contract with Russia for the supply of...
Efficiency of hydropower plants: the renovation of part of Belmeken-Sestrimo cascade is completed
Efficiency of hydropower plants: the renovation of part of Belmeken-Sestrimo cascade is completed
The rehabilitation of part of the Belmeken - Sestrimo - Chaira cascade was completed. The...
Poor harvest and relatively high prices of early cherry varieties in Plovdiv region
Poor harvest and relatively high prices of early cherry varieties in Plovdiv region
The harvest of the earliest cherry varieties in Plovdiv, Southern Bulgaria, is extremely poor...
Electricity from photovoltaics: Will the market become saturated?
Electricity from photovoltaics: Will the market become saturated?
The installed renewable energy capacity in the country is about 3 gigawatts, but plans are to...
Has BNB tightened mortgage lending?
Has BNB tightened mortgage lending?
There is no real tightening by the Bulgarian National Bank (BNB) in the credit market for...
Energy Minister is in the US, discussing LNG supplies for Bulgaria and the region
Energy Minister is in the US, discussing LNG supplies for Bulgaria and the region
Through supplies from the United States Bulgaria will establish itself as a key factor for...
The increase in the price of electricity from 1 July will be about 2%, utility regulator said
The increase in the price of electricity from 1 July will be about 2%, utility regulator said
The change in the price of electricity from 1 July this year will be about 2%, the head of...
Bulgaria's central bank ordered banks to tighten standards in mortgage lending
Bulgaria's central bank ordered banks to tighten standards in mortgage lending
Bulgarian National Bank (BNB) reported an increase in lending secured by residential real estate...
Measures against the increase in the price of electricity
Measures against the increase in the price of electricity
Measures against the increase in the price of electricity. Today, May 20, Kozloduy Nuclear Power...
Bulgargaz to sue Gazprom over suspended gas supplies in 2022
Bulgargaz to sue Gazprom over suspended gas supplies in 2022
Bulgargaz (the public supplier of natural gas in Bulgaria), will sue Gazprom Export for BGN 400...
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank,...
District Heating Companies predict lower prices for heating and hot water from July 1
District Heating Companies predict lower prices for heating and hot water from July 1
Heating and hot water will become cheaper from 1 July. This is what Kremen Georgiev, the...
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