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Economy

Bulgarian National Bank takes measures to tighten lending

The Bulgarian National Bank (BNB) adopted amendments to Ordinance No 21 on minimum required reserves that banks maintain with the Bulgarian National Bank. The amendments include: Effective from 1 June 2023, the percentage of the minimum required reserves on funds attracted from...
Bulgarian National Bank takes measures to tighten lending
The amount of Azeri gas to Eastern and Central Europe will be increased by the end of the year
The amount of Azeri gas to Eastern and Central Europe will be increased by the end of the year
By the end of the year, the amount of natural gas from Azerbaijan to Eastern and Central Europe will be increased, said the President of Azerbaijan, Ilham Aliyev, who was in Sofia at the...
Bulgarian National Bank foresees accelerated increase in interest rates in the coming months
Bulgarian National Bank foresees accelerated increase in interest rates in the coming months
The process of rising interest rates in the country will accelerate in the coming months, the Bulgarian National Bank (BNB) forecasts in its "Banks in Bulgaria" quarterly bulletin. The central...
Bulgaria to sign memorandum on security of gas supplies from Azerbaijan
Bulgaria to sign memorandum on security of gas supplies from Azerbaijan
Bulgaria, Romania, Hungary and Slovakia sign a memorandum with Azerbaijan on security of natural gas supply to the European Union. The ceremony is attended by Bulgaria’s President Rumen...
Bulgaria's President meets with Nigeria's Minister of State for Industry, Trade and Investment
President Rumen Radev met on April 24 with the Minister of State for Industry, Trade and Investment of Nigeria, Mariam Katagum. Minister Katagum...
Imports from Ukraine: Ban on more than 20 products in force from today
As of today, April 24, the ban on the import of more than 20 food products from Ukraine to Bulgaria is in force for the next two months. Among...
Bulgaria signs 10-year nuclear fuel supply contract with Canadian corporation
One of the largest nuclear fuel suppliers in the world, the Canadian corporation Cameco, has signed a 10-year contract with Bulgaria for the...
Bulgaria's central bank reports a decline in foreign direct investment
Direct investments for January-February decreased by 58% compared to the same period of the previous year, the Bulgarian National Bank (BNB) said...
EC proposes further €100 million to help farmers in five countries affected by Ukranian grain imports, including Bulgaria
EC proposes further €100 million to help farmers in five countries affected by Ukranian grain imports, including Bulgaria
The European Commission proposed to provide an additional €100 million to help farmers in...
Bulgaria temporarily bans food imports from Ukraine as of April 24, transit corridors remain open
Bulgaria temporarily bans food imports from Ukraine as of April 24, transit corridors remain open
At a meeting on April 19, Bulgaria's Council of Ministers adopted a decision that temporarily...
Bulgaria prepares temporary ban on food imports from Ukraine except transit goods
Bulgaria prepares temporary ban on food imports from Ukraine except transit goods
The Council of Ministers will discuss tomorrow, April 19, a decision on a temporary ban on food...
Annual inflation for March is 14% compared to March 2022, national statistics
Annual inflation for March is 14% compared to March 2022, national statistics
Monthly inflation is 0.5% and annual inflation is 14.0%. Inflation is measured by the CPI, with...
IMF Managing Director Kristalina Georgieva warns against another Cold War
IMF Managing Director Kristalina Georgieva warns against another Cold War
International Monetary Fund Managing Director, Kristalina Georgieva, warned of the risk of a new...
Golden Easter eggs – why are they in Bulgaria sold for 50 cents, and in the UK – for 22?
Golden Easter eggs – why are they in Bulgaria sold for 50 cents, and in the UK – for 22?
Before Easter, instead of pondering the eternal question – “which came first –...
Is a four-day working week possible in Bulgaria?
Is a four-day working week possible in Bulgaria?
Is a four-day working week possible in Bulgaria? A small number of companies have tried working...
First LNG tanker for Bulgaria arrived at a terminal in Turkey
First LNG tanker for Bulgaria arrived at a terminal in Turkey
The first LNG tanker for Bulgaria under the agreement signed between Bulgarian public supplier...
Minister of Innovation: International investors have serious interest in the new industrial zone for the automotive sector
Minister of Innovation: International investors have serious interest in the new industrial zone for the automotive sector
There is a serious international investor interest in the new industrial zone "Dobroslavtsi",...
Expert council on circular economy and green transition will be established
Expert council on circular economy and green transition will be established
A Council of Experts on circular economy and green transition will be established. This became...
Ministry of Innovation and Growth organises National Meeting "Industrial Zones - Growth for Municipalities and Regions"
Ministry of Innovation and Growth organises National Meeting "Industrial Zones - Growth for Municipalities and Regions"
The Ministry of Innovation and Growth has organised a National Meeting "Industrial Zones -...
Bulgarian potato growers fear drop in production due to higher farming costs
Bulgarian potato growers fear drop in production due to higher farming costs
Producers of table potatoes in the country are facing serious difficulties due to high prices of...
CITUB trade union seeks 10% increase in incomes for all in the budget sector from 1 July
CITUB trade union seeks 10% increase in incomes for all in the budget sector from 1 July
The Confederation of Independent Trade Unions in Bulgaria (CITUB) wants a 10% increase in...
Energy Minister: Bulgaria has not given up intentions to renegotiate Recovery Plan
Energy Minister: Bulgaria has not given up intentions to renegotiate Recovery Plan
Bulgaria has not given up intentions to renegotiate the plan for economic recovery from the...
Caretaker government launched a platform for monitoring the prices of basic food products
Caretaker government launched a platform for monitoring the prices of basic food products
Fines for over 1.5 million BGN have been imposed on various traders for unfair practices since...
National statistics: Bulgaria remains the poorest country in the EU in terms of GDP distribution
National statistics: Bulgaria remains the poorest country in the EU in terms of GDP distribution
Bulgaria has the lowest per capita production of goods and services measured in money compared...
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