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Economy

Are Ukrainian eggs still sold as Bulgarian?

Eggs and chicken meat from Ukraine and other European countries are massively imported to Bulgaria, relabelled and sold in shops as produced in Bulgaria, the Association of Industrial Poultry Farming warned on January 5. According to the producers, this not only undermines the domestic...
Are Ukrainian eggs still sold as Bulgarian?
TPP "Bobov Dol" stopped work for three days due to low electricity prices on the power exchange
TPP "Bobov Dol" stopped work for three days due to low electricity prices on the power exchange
Thermal Power Plant "Bobov Dol" temporarily stopped work for maintenance, but mostly because of the low electricity prices on the power exchange, said the Executive Director, Eng. Lyubomir Spasov...
BNB releases gold commemorative coins
BNB releases gold commemorative coins
On 2 January, the Bulgarian National Bank issued gold commemorative coins on the theme "St. Mary - Golden Apple" with denominations of BGN 10, 20, 50 and 100. This becomes clear from the website...
Minimum wage in Bulgaria goes up to 933 BGN as of January 1, 2024
Minimum wage in Bulgaria goes up to 933 BGN as of January 1, 2024
The size of the minimum wage in Bulgaria increases to BGN 933 as of January 1, 2024. The increase is by nearly 20%, compared to last year. The minimum monthly amount of the insurable earnings...
Christmas dinner cost Bulgarian families 15% to 20% more this year
Christmas dinner foods and drinks cost between 15% and 20% more than last year. Eggs, butter, pork and chicken meat have increased the most in...
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...
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...
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,...
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...
"Lukoil" is considering sale of its assets in Bulgaria
"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...
Why invest in gold?
Why invest in gold?
Throughout human history, gold has been used as money. Apart from its monetary role, it has many...
Testing of the gas interconnector between Bulgaria and Serbia will begin within days
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...
Price of natural gas in December rises by 6.5%
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,...
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,...
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