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Economy

Fitch and S&P Upgrade Bulgaria’s Credit Rating

In extraordinary rating actions, international credit rating agencies Fitch Ratings and S&P Global Ratings upgraded Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook. This rating represents the highest level within the upper-medium...
Чете се за: 03:07 мин.
Will Property Prices Change with the Adoption of the Euro?
Will Property Prices Change with the Adoption of the Euro?
For over 20 years, real estate in Bulgaria has been offered in euros—a practice both buyers and sellers have grown accustomed to. However, many transactions are still completed in Bulgarian...
Чете се за: 05:02 мин.
Energy Minister: Only 11% of Capacity Under 'Botas' Contract Utilised to Date
Energy Minister: Only 11% of Capacity Under 'Botas' Contract Utilised to Date
Only 11% of the capacity under the contract with Turkish company Botas has been used since it was signed, Bulgaria’s Energy Minister Zhecho Stankov on July 10 announced to journalists in...
Чете се за: 02:27 мин.
Aircraft Maintenance Sector in Bulgaria Is Bringing Back Workers from Abroad
Aircraft Maintenance Sector in Bulgaria Is Bringing Back Workers from Abroad
An unexpected trend is emerging in Bulgaria: a not so known sector is drawing back Bulgarians who had left the country in search of better job opportunities abroad. It turns out that the...
Чете се за: 04:17 мин.
The Trend of Decreasing Consumer Basket Prices Continues
The trend of declining prices in the consumer basket continues, according to data from the State Commission on Commodity Exchanges and Wholesale...
Чете се за: 02:02 мин.
Pensions in Bulgaria Increase by 8.6% from July 1 - What Will It Actually Cover for Pensioners?
Starting today, July 1, pensions in Bulgaria will increase by 8.6%, following the so-called "Swiss rule". More than two million pensioners will...
Чете се за: 04:52 мин.
Tax Authorities Launch Summer Inspections Along Bulgarian Black Sea Coast, Monitor for Unjustified Price Hikes
The National Revenue Agency (NRA) has launched its annual summer inspection campaign to ensure compliance with tax and social security legislation...
Чете се за: 03:25 мин.
New Higher Prices for Electricity, District Heating, and Hot Water Take Effect from 1 July
As of July 1, the Energy and Water Regulatory Commission (EWRC) has approved new, higher prices for electricity, district heating, and hot water....
Чете се за: 02:45 мин.
Bulgarian National Bank Governor Participates in the 95th Annual General Meeting of the Bank for International Settlements
Bulgarian National Bank Governor Participates in the 95th Annual General Meeting of the Bank for International Settlements
The Governor of the Bulgarian National Bank (BNB), Mr. Dimitar Radev, took part in the 95th...
Чете се за: 01:42 мин.
Food Prices – Where Are the Largest Increases Being Reported?
Food Prices – Where Are the Largest Increases Being Reported?
According to the Chair of the State Commission for Commodity Exchanges and Markets, there are...
Чете се за: 03:47 мин.
Deputy PM Grozdan Karadzhov Will Host a Meeting on the Future of Rail Transport in Bulgaria
Deputy PM Grozdan Karadzhov Will Host a Meeting on the Future of Rail Transport in Bulgaria
Deputy Prime Minister Grozdan Karadzhov will host a public discussion focused on the future...
Чете се за: 00:55 мин.
Oil Prices: After the Escalation of Tensions in the Middle East
Oil Prices: After the Escalation of Tensions in the Middle East
Oil prices surged between 9 and 10 percent, reaching their highest level since January. Long...
Чете се за: 02:57 мин.
Service Outage at One of Bulgaria’s Largest Banks
Service Outage at One of Bulgaria’s Largest Banks
A number of customers of one of Bulgaria’s commercial banks—United Bulgarian Bank...
Чете се за: 03:42 мин.
Ministry of Transport Plans to Purchase 20 Biodiesel Passenger Trains
Ministry of Transport Plans to Purchase 20 Biodiesel Passenger Trains
The Ministry of Transport is planning to acquire 20 passenger trains powered by biodiesel fuel,...
Чете се за: 01:35 мин.
Bulgarian Energy Holding Issues Record €800 Million Bond
Bulgarian Energy Holding Issues Record €800 Million Bond
Bulgarian Energy Holding (BEH) has successfully placed a record bond issuance worth €800...
Чете се за: 00:47 мин.
New Electricity, Heating, and Hot Water Prices: EWRC to Decide on the Rate of Increase from July 1
New Electricity, Heating, and Hot Water Prices: EWRC to Decide on the Rate of Increase from July 1
An average increase of 4.5% in electricity and heating prices starting next month was discussed...
Чете се за: 02:40 мин.
Central Bank's Governor Dimitar Radev: Bulgaria Will Not Repeat the Greek Scenario When Joining the Euro Area
Central Bank's Governor Dimitar Radev: Bulgaria Will Not Repeat the Greek Scenario When Joining the Euro Area
The Governor of the Bulgarian National Bank expects the country to maintain its political and...
Чете се за: 03:15 мин.
Kozloduy Nuclear Plant Receives Derogation for Import of Steel Poducts from Russia
Kozloduy Nuclear Plant Receives Derogation for Import of Steel Poducts from Russia
The government has granted permission for the Kozloduy Nuclear Power Plant to import Russian...
Чете се за: 01:32 мин.
Tickets for Seasonal Trains from Sofia to Seaside Cities of Burgas and Varna Are Now on Sale
Tickets for Seasonal Trains from Sofia to Seaside Cities of Burgas and Varna Are Now on Sale
During the summer season, BDZ (Bulgarian State Railways) will operate additional daily fast...
Чете се за: 04:10 мин.
Farmer: Bulgarian Cucumber Production Is Ruined
Farmer: Bulgarian Cucumber Production Is Ruined
"At the moment, vegetable wholesale markets, public markets, and trade centers are flooded with...
Чете се за: 03:30 мин.
Customs Officers Uncover Nearly 3 Million BGN in Undeclared Currency at Kapitan Andreevo Border Crosssing
Customs Officers Uncover Nearly 3 Million BGN in Undeclared Currency at Kapitan Andreevo Border Crosssing
Customs officers at the Kapitan Andreevo border checkpoint have uncovered two separate cases of...
Чете се за: 03:05 мин.
Drop in Food Prices – Which Products Are Becoming Cheaper?
Drop in Food Prices – Which Products Are Becoming Cheaper?
Expected spring decline in food prices in the country. This was announced by the State...
Чете се за: 01:30 мин.
Over 60% of Natural Gas to the Country Transported via Greece–Bulgaria Interconnector
Over 60% of Natural Gas to the Country Transported via Greece–Bulgaria Interconnector
More than 34.5 million MWh of natural gas have been transported through the Greece-Bulgaria...
Чете се за: 02:15 мин.
"Bulgaria Air" Launches Seasonal Sofia–Burgas Route from June 20
"Bulgaria Air" Launches Seasonal Sofia–Burgas Route from June 20
National carrier "Bulgaria Air" has announced the start of its seasonal route between Sofia...
Чете се за: 01:45 мин.
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