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Economy

Bulgaria's Central Bank Is Ready for Accession to the Eurozone

The Bulgarian National Bank and the Bulgarian government are ready for the country’s accession to the Eurozone, Dimitar Radev, Governor of the Bulgarian National Bank (BNB), said at the opening of the new building of the of a new Cash Services Company in Pleven (Northern Bulgaria) on May...
Чете се за: 02:45 мин.
Closer to the Eurozone: Bulgaria Meets All Entry Criteria
Closer to the Eurozone: Bulgaria Meets All Entry Criteria
Bulgaria now fulfills all the requirements for joining the Eurozone, according to an announcement from the Ministry of Finance on May 19. The statement highlights that the country has...
Чете се за: 00:37 мин.
NSI Reports Deflation for April
NSI Reports Deflation for April
The National Statistical Institute (NSI) has reported a deflation of 0.8% for the month of April, marking the first instance of deflation in 2025. The largest price decreases were recorded in...
Чете се за: 00:32 мин.
Deputy PM Tomislav Donchev: Everybody Wants Higher Wages and the Cost of Labour in Bulgaria is Rising
Deputy PM Tomislav Donchev: Everybody Wants Higher Wages and the Cost of Labour in Bulgaria is Rising
"Everyone wants higher wages, and the cost of labor in Bulgaria is rising. The discussion becomes deeply flawed when incomes are reduced to what is written in the state budget, because for most...
Чете се за: 03:00 мин.
90% Bee Mortality Rate - The Sector Calls for Urgent Regulation of Banned Pesticides
The sector has warned about the mass die-off of bee colonies. In Northern Bulgaria, the bee mortality rate has reached 90%, with the main causes...
Чете се за: 04:07 мин.
Natural Gas Price in Bulgaria Decreases by 14% in May
The Energy and Water Regulatory Commission has approved the natural gas price for May at BGN 64.40/MWh, excluding access, transmission, excise...
Чете се за: 01:40 мин.
Ministry of Finance Successfully Placed Euro-Denominated Bonds on International Capital Markets
On April 28, 2025, the Ministry of Finance successfully placed euro-denominated bonds on the international capital markets in two tranches, the...
Чете се за: 03:42 мин.
Photovoltaic Panels Will No Longer Be Installed on Agricultural Land
The Constitutional Court has annulled the legislative easing introduced two years ago that allowed the construction of photovoltaic (solar) plants...
Чете се за: 04:07 мин.
PM Zhelyazkov: "Burgas-West" Will Become a New Hub for Container Transport in the Black Sea
PM Zhelyazkov: "Burgas-West" Will Become a New Hub for Container Transport in the Black Sea
Prime Minister, Rosen Zhelyazkov, described the large-scale "REBIRTH28" initiative—aimed...
Чете се за: 03:00 мин.
The State to Purchase 35 New Electric Trains
The State to Purchase 35 New Electric Trains
The government has given its consent for the Deputy Prime Minister and Minister of Transport and...
Чете се за: 01:57 мин.
Bulgarian Clothing Manufacturers Seek New Markets Amid Rising U.S. Tariffs
Bulgarian Clothing Manufacturers Seek New Markets Amid Rising U.S. Tariffs
Bulgarian garment manufacturers are being forced to seek new markets due to the higher tariffs...
Чете се за: 03:55 мин.
Truck Control: Toll Systems Will Monitor Whether Heavy Goods Vehicles Are Overloaded
Truck Control: Toll Systems Will Monitor Whether Heavy Goods Vehicles Are Overloaded
Beginning May 1, the price of annual electronic vignettes in Bulgaria will rise from 87 BGN to...
Чете се за: 04:20 мин.
National Revenue Agency Introduces New Accounting Rules from 1 January 2026
National Revenue Agency Introduces New Accounting Rules from 1 January 2026
New regulations are on the horizon for businesses in Bulgaria. Accountants are forecasting a...
Чете се за: 03:57 мин.
Cost of Living For a Family of Three in Bulgaria Rises to 2,738 BGN per Month
Cost of Living For a Family of Three in Bulgaria Rises to 2,738 BGN per Month
As at the first quarter of this year, BGN 2,738 is the amount needed to sustain a household...
Чете се за: 02:57 мин.
Bulgaria Moves Toward the Eurozone: European Commission Sets Date for Convergence Report Release
Bulgaria Moves Toward the Eurozone: European Commission Sets Date for Convergence Report Release
The European Commission has set June 4 as the date for the release of the ad-hoc convergence...
Чете се за: 00:40 мин.
Council of Ministers Adopts Decree on the Implementation of Bulgaria’s 2025 State Budget
Council of Ministers Adopts Decree on the Implementation of Bulgaria’s 2025 State Budget
The Council of Ministers has adopted a decree on the implementation of the State Budget of the...
Чете се за: 02:07 мин.
Bulgaria Signs Agreement with Shell for Oil and Gas Exploration in Black Sea Block "1-26 Khan Tervel"
Bulgaria Signs Agreement with Shell for Oil and Gas Exploration in Black Sea Block "1-26 Khan Tervel"
A contract was officially signed on April 15 at the Council of Ministers between the Ministry of...
Чете се за: 05:55 мин.
Expected Interest Rate Cuts by Central Banks in 2025: What It Means for Borrowers and the Economy
Expected Interest Rate Cuts by Central Banks in 2025: What It Means for Borrowers and the Economy
Expectations are mounting that the world’s major central banks will begin gradually...
Чете се за: 04:17 мин.
Monthly inflation rate in Bulgaria in March 2025 was 0.2%
Monthly inflation rate in Bulgaria in March 2025 was 0.2%
The National Statistical Institute (NSI) has reported a monthly inflation rate of 0.2% for...
Чете се за: 00:42 мин.
Launch of "Easter Basket" initiative in Bulgaria aims to ensure that key traditional Easter foods are available at affordable prices
Launch of "Easter Basket" initiative in Bulgaria aims to ensure that key traditional Easter foods are available at affordable prices
From April 11 to 19, 2025, the "Easter Basket" initiative will be launched for the first time in...
Чете се за: 03:22 мин.
Bulgaria has the lowest minimum wage in the EU, Eurostat data shows
Bulgaria has the lowest minimum wage in the EU, Eurostat data shows
As at January 2025, among EU countries that have national minimum wages, only ten had minimum...
Чете се за: 03:37 мин.
After the snowfall in April: Frost damage to crops and potential losses
After the snowfall in April: Frost damage to crops and potential losses
The rapeseed harvest may be entirely lost due to the April snowfall and the cold weather in...
Чете се за: 02:10 мин.
Restaurant owners demand 9% VAT at a protest in Sofia
Restaurant owners demand 9% VAT at a protest in Sofia
Restaurant owners held a national protest in Sofia on April 9. They blocked Alexander Battenberg...
Чете се за: 01:35 мин.
BNB approves the revised graphic designs for the Bulgarian national side of the euro coins
BNB approves the revised graphic designs for the Bulgarian national side of the euro coins
Today, at its meeting, the Governing Council of the Bulgarian National Bank (BNB)  approved...
Чете се за: 03:12 мин.
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