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Bulgaria’s central bank withdraws the 20 lev banknotes, issue 2005 from circulation

As of 1 February 2023, the Bulgarian National Bank is withdrawing banknotes with a face value of BGN 20, 2005 issue, from circulation, as from that date they cease to be legal tender. After 1 February, banknotes with a nominal value of BGN 20, issue 2005, will be exchanged at the cash desks...
"Lukoil" transferred BGN 90 million in advance tax to Bulgaria
"Lukoil" transferred BGN 90 million in advance tax to Bulgaria
"Lukoil” transferred 90 million BGN of advance tax to Bulgaria, caretaker Deputy Prime Minister Hristo Alexiev said on December 20. The amount has already been received in the state...
Income and inflation: Basic foods in Bulgaria doubled in price over a year
Income and inflation: Basic foods in Bulgaria doubled in price over a year
Before the holidays in the country, the cost of the items that make up a traditional Christmas and New Year dinner is understandably important for most Bulgarians. In just one year the prices...
Every second person in Bulgaria disapproves adoption of the euro, attitudes among businesses much more positive - polls
Every second person in Bulgaria disapproves adoption of the euro, attitudes among businesses much more positive - polls
Every second person in Bulgaria has a negative attitude towards the adoption of the euro. Attitudes among businesses are much more positive, according to a survey by Alpha Research polling agency...
9% VAT on books and baby products becomes a permanent measure
The temporary measure of 9% reduced VAT on books, newspapers, magazines, baby nappies and food becomes permanent, Bulgaria's Parliament decided on...
Zero VAT on bread and flour remains in effect until the end of 2023
The temporary measure of 9% reduced VAT on books, newspapers, magazines, baby nappies and food becomes permanent. This is what the Parliament...
Inflation down but food prices up in November
Annual inflation rate in Bulgaria decreased for the second consecutive month. In November, 2022, compared to the same month last year, the rate of...
Public supplier "Bulgargaz" proposed 40% increase in the price of natural gas for January
"Bulgargaz” submitted to the Energy and Water Regulatory Commission (EWRC) an application for approval of the natural gas price for January...
Director of IMF’s European Department told BNT: The peak of price increase has not come yet
Director of IMF’s European Department told BNT: The peak of price increase has not come yet
In a special interview for the BNT “Govori sega” programme on December 10, the...
Conference on the euro: Bulgaria lags behind the euro zone entry process
Conference on the euro: Bulgaria lags behind the euro zone entry process
Bulgaria continues to lag behind the process for joining the euro zone by 2024. This became...
National Statistical Institute reports GDP growth of 3.3% for the third quarter of 2022
National Statistical Institute reports GDP growth of 3.3% for the third quarter of 2022
The National Statistical Institute reports gross domestic product growth of 3.3% for the third...
Russian oil imports: How will the exemption for Bulgaria affect the refinery in Bourgas?
Russian oil imports: How will the exemption for Bulgaria affect the refinery in Bourgas?
In addition to the price cap on Russian oil, the derogation that Bulgaria will use for the...
Greece-Bulgaria natural gas interconnector began supplying gas to Moldova
Greece-Bulgaria natural gas interconnector began supplying gas to Moldova
The transportation of the first quantities of gas to Moldova via the Greece-Bulgaria natural gas...
Bulgaria’s central bank announces super hike in base interest rate
Bulgaria’s central bank announces super hike in base interest rate
Bulgarian National Bank announced the increase of the Base Interest Rate (BIR) to 1.30% from 1...
Bulgaria’s utilities regulator approves 18,7% rise in natural gas price from December 1
Bulgaria’s utilities regulator approves 18,7% rise in natural gas price from December 1
Bulgaria’s Energy and Water Regulatory Commission (EWRC) increased the price of natural...
Operation Admiral: European Public Prosecutor's Office uncovers a massive €2.2 billion cross-border VAT fraud scheme
Operation Admiral: European Public Prosecutor's Office uncovers a massive €2.2 billion cross-border VAT fraud scheme
The European Public Prosecutor's Office has uncovered a large-scale VAT fraud scheme in all 22...
National statisctical institute reports improvement of the business climate in Bulgaria
National statisctical institute reports improvement of the business climate in Bulgaria
In November 2022, the overall indicator of the business climate rose by 3.5 percentage points...
Bulgaria's energy authority fined 6 energy companies for market manipulation
Bulgaria's energy authority fined 6 energy companies for market manipulation
Six electricity companies were fined by the Energy and Water Regulatory Commission, for a total...
Minister of Regional Development: The gas interconnector is about 90% complete
Minister of Regional Development: The gas interconnector is about 90% complete
The finishing works on the gas interconnector with Greece are probably 90% complete, Ivan...
Transport Minister: The ban on exports of Russian oil is only for pipeline oil, but not for deliveries by sea
Transport Minister: The ban on exports of Russian oil is only for pipeline oil, but not for deliveries by sea
Bulgaria’s caretaker Minister of Transport, Hristo Alexiev, on November 23 explained that...
"Lukoil" transfers its entire economic activity into Bulgaria
"Lukoil" transfers its entire economic activity into Bulgaria
"We have reached an agreement with the management of Lukoil to transfer their entire economic...
Ministry of Economy survey asks businesses if they are ready for the adoption of the euro
Ministry of Economy survey asks businesses if they are ready for the adoption of the euro
Bulgaria’s Ministry of Economy and Industry has released an anonymous survey to businesses...
Annual inflation declined by 1%, now stands at 17.6%
Annual inflation declined by 1%, now stands at 17.6%
Annual inflation in October declined by 1.1%, according to the National Statistical...
Bulgaria’s central bank governor Dimitar Radev: There are conditions for imbalances in the economy
Bulgaria’s central bank governor Dimitar Radev: There are conditions for imbalances in the economy
Bulgaria is facing serious imbalances in the economy because of different fiscal and monetary...
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