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Economy

Cigarettes Without Excise Stamps Worth 1,880,000 BGN Seized in a Warehouse in Plovdiv

Plovdiv District Prosecutor’s Office and the General Directorate for Combatting Organised Crime (GDBOP) held a joint briefing regarding an economic crime involving possession of excise goods (cigarettes without excise labels) in large quantities. Several individuals have been detained,...
Cigarettes Without Excise Stamps Worth 1,880,000 BGN Seized in a Warehouse in Plovdiv
New car sales in Bulgaria grow faster than the average for the EU
New car sales in Bulgaria grow faster than the average for the EU
In Bulgaria, new car sales are growing three times faster than the average for the European Union. In October, new car sales in the EU increased by just 1.1%, while in Bulgaria this figure was 3%,...
Commission for Protection of Competition initiates investigation into the spike of insurance costs for taxi drivers
Commission for Protection of Competition initiates investigation into the spike of insurance costs for taxi drivers
The Commission for the Protection of Competition self-initiated a probe into a possible cartel agreement in the increase of the price of third party liability insurance for taxi drivers, the...
Taxi drivers stage a national protest over dramatic spike in insurance costs
Taxi drivers stage a national protest over dramatic spike in insurance costs
Taxi drivers stage a national protest on November 20. They insist that the increase in the price of the compulsory third party liability insurance for them is drastic and illegal and accuse...
Trade Unions: Nearly 48% of households in Bulgaria are below the poverty line
The working poor in Bulgaria have increased by 50% in recent years, with their share rising from 8% to nearly 12% of all those who work. This was...
Preparation for joining the euro area: Banking sector in Bulgaria is ready for the country's membership
The banking sector in Bulgaria is ready for the country's euro area membership. A continuous organisation and internal processes in the systems...
Share of working poor in Bulgaria has increased by 50% in the past few years
The number of working poor in Bulgaria has increased by 50% in the past few years. Their proportion rose from 8 to nearly 12%. This was announced...
The standard of living in Bulgaria: Richest in Sofia, poorest in Vidin region
The capital remains the richest, although Sofia's share in the national total declined by two percent. This is according to the latest survey of...
Bulgaria to ask EC for protective measures against honey imports from Ukraine
Bulgaria to ask EC for protective measures against honey imports from Ukraine
Bulgaria will ask the European Commission for protective measures against Ukrainian honey...
First sod of the Danube Industrial Technology Park in Svishtov.
First sod of the Danube Industrial Technology Park in Svishtov.
Caretaker Minister of Innovation and Growth Rosen Karadimov on November 7 made the first sod of...
Taxi drivers ready to protest due to a spike in price of third party liability insurance from 260 to 3,000 BGN
Taxi drivers ready to protest due to a spike in price of third party liability insurance from 260 to 3,000 BGN
Taxi drivers across the country are on protest alert. They are unhappy with the drastic increase...
The largest paper mill in the country to close at the end of the year
The largest paper mill in the country to close at the end of the year
The largest paper mill in the country, the one in the Southern Bulgarian town of Stamboliyski...
Contract for construction of new capacities at Kozloduy nulcear power plant signed
Contract for construction of new capacities at Kozloduy nulcear power plant signed
An engineering contract for the construction of new capacity at Kozloduy nuclear power plant...
EWRC approved 8% increase in natural gas price in Bulgaria for November
EWRC approved 8% increase in natural gas price in Bulgaria for November
The Energy and Water Regulatory Commission (EWRC) approved the natural gas price for November at...
The state's money: Trade unions and employers demand change in tax laws
The state's money: Trade unions and employers demand change in tax laws
The submission and adoption of the state budget and tax laws will be delayed again this year....
Chiren underground gas storage facility filled at 100%
Chiren underground gas storage facility filled at 100%
The underground gas storage facility "Chiren" is filled at 100% of its technical storage...
Many food prices in Bulgaria exceed the European average
Many food prices in Bulgaria exceed the European average
Zlatka and Andrei Semovi have run a market stall in one of the markets in the capital for 10...
What kind of workers and professionals will Bulgarian businesses need in the next 12 months?
What kind of workers and professionals will Bulgarian businesses need in the next 12 months?
Bulgarian businesses will need nearly 262,000 workers and professionals in the next 12 months....
More than 200% milk price difference between farmers and consumers
More than 200% milk price difference between farmers and consumers
There's over a 200% markup in farm-to-store fresh milk prices. Wholesale prices for fresh milk...
Minimum wage in Bulgaria goes up to 1,077 BGN as of January 1, 2025
Minimum wage in Bulgaria goes up to 1,077 BGN as of January 1, 2025
The Council of Ministers on October 23 adopted a decree setting the minimum wage at BGN 1,077,...
House prices in Bulgaria went up by 14% in 2024 alone
House prices in Bulgaria went up by 14% in 2024 alone
The increase in house prices remains high. The industry points out that for the last three...
Financial position of Maritsa East Mines is deteriorating
Financial position of Maritsa East Mines is deteriorating
The financial position of the state-owned Maritsa East Mines is deteriorating. The state will...
Border controls stepped up with Romania and Greece over sheep pox outbreaks
Border controls stepped up with Romania and Greece over sheep pox outbreaks
Due to outbreaks of smallpox in sheep, increased controls have been introduced for the...
Bulgarian 'LB Bulgaricum' and Japanese 'Meiji' will establish joint research laboratory in Bulgaria
Bulgarian 'LB Bulgaricum' and Japanese 'Meiji' will establish joint research laboratory in Bulgaria
The state-owned company "LB Bulgaricum" signed a contract with its long-standing partner - the...
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