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Economy

Parliament’s Economic Policy Committee seeks answers from mobile operators because of announced increase in prices of services

Two of the three mobile operators in Bulgaria have informed that they are raising prices from February. One by up to 2 leva for each service, the second by 15.3%, and the third - probably yet to announce an increase. The argument that the reason for this increase is inflation  challenged...
Parliament’s Economic Policy Committee seeks answers from mobile operators because of announced increase in prices of services
Annual inflation rate in Bulgaria is 16.9% - statistcis
Annual inflation rate in Bulgaria is 16.9% - statistcis
The annual inflation rate in Bulgaria is 16.9%, according to the National Statistical Institute. Monthly inflation for December 2022 is 0.9% and annual inflation is 16.9%. Inflation is measured...
Council of Ministers set a ceiling on the market revenues of electricity producers
Council of Ministers set a ceiling on the market revenues of electricity producers
The Council of Ministers has set the levels that serve for the calculation of the market revenue cap for electricity producers. If they receive revenues above these values, producers owe...
Bulgaria ranks 50th in terms of wealth out of 133 countries according to Harvard University
Bulgaria ranks 50th in terms of wealth out of 133 countries according to Harvard University
Bulgaria ranks 50th in terms of wealth per capita out of a total of 133 countries surveyed. It ranks 39th in the world in terms of complexity in Harvard University's Economic Complexity Index...
Bulgaria to sign a Memorandum with Greece to ensure security of supply and storage of natural gas
One or more Greek suppliers of the Greek national gas transmission system to register as users of the Bulgarian transmission system and one or...
2023 will be a key year for Bulgaria in the preparations for the adoption of the euro
Bulgaria is entering a crucial year in the process of preparing the country for euro adoption. The deadline set in our plan for joining the euro...
Bulgaria’s public supplier "Bulgargaz" signs agreement for access to Turkish LNG terminals
Bulgaria’s public supplier "Bulgargaz” signed an agreement for a period of 13 years, through which it receives access to the terminals...
Kozloduy NPP signed an agreement for nuclear fuel supply
After signing a contract with Westinghouse earlier this month, Bulgaria’s Kozloduy nuclear power plant (NPP) on December 29 also signed an...
“Bulgargaz” seeks nearly 28% higher gas price for January
“Bulgargaz” seeks nearly 28% higher gas price for January
The state-owned company "Bulgargaz" will ask for a 27.6% increase in the price of natural gas...
Minimum wage in Bulgaria will increase to 780 BGN as of January 1
Minimum wage in Bulgaria will increase to 780 BGN as of January 1
The size of the minimum wage to become 780 BGN from January 1, 2023, Bulgaria’s caretaker...
Experts predict housing market will cool down in 2023
Experts predict housing market will cool down in 2023
Experts predict the housing market will cool down in 2023. The trend is already noticeable....
Minister of Social Policy proposes that the minimum wage in Bulgaria be raised to 780 BGN from 1 January
Minister of Social Policy proposes that the minimum wage in Bulgaria be raised to 780 BGN from 1 January
The Minister of Labour and Social Policy, Lazar Lazarov, will propose that the minimum wage in...
180 million euros become available to Bulgarian businesses under Recovery and Resilience Facility
180 million euros become available to Bulgarian businesses under Recovery and Resilience Facility
180 million euros become available to Bulgarian businesses after an agreement signed between the...
Electronic vignettes for cars will be 10% cheaper from January 1, 2023
Electronic vignettes for cars will be 10% cheaper from January 1, 2023
From 1 January 2023, new prices of vignettes and toll taxis will come into force in Bulgaria....
Bulgaria’s central bank withdraws the 20 lev banknotes, issue 2005 from circulation
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...
"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...
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...
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....
9% VAT on books and baby products becomes a permanent measure
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...
Zero VAT on bread and flour remains in effect until the end of 2023
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...
Inflation down but food prices up in November
Inflation down but food prices up in November
Annual inflation rate in Bulgaria decreased for the second consecutive month. In November, 2022,...
Public supplier "Bulgargaz" proposed 40% increase in the price of natural gas for January
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...
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...
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