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Economy

Bulgaria's central bank reports a decline in foreign investment

Data from the Bulgarian National Bank (BNB) for 2024 show a decrease in foreign investments. They amount to 1 billion 485 million euros. Compared to 2023, foreign investments have dropped from 3.6% to 1.5% of the gross domestic product, a decrease of nearly 2 percentage points.
Чете се за: 00:25 мин.
Bulgaria's central bank reports a decline in foreign investment
Organisations announce boycott over high food prices
Organisations announce boycott over high food prices
A nationwide boycott of all food stores in Bulgaria has been announced by the "The System is Killing Us" movement, the Federation of Consumers in Bulgaria, and the United Pensioners' Unions. The...
Чете се за: 02:37 мин.
Bulgaria has the lowest minimum wage in the EU in January
Bulgaria has the lowest minimum wage in the EU in January
Bulgaria has the lowest minimum wage among the EU member states in January - 551 euro. The highest minimum wage in the European Union is in Luxembourg at €2,638, according to Eurostat...
Чете се за: 02:30 мин.
Energy Minister Calls for Higher Penalties for Electricity Distribution Companies
Energy Minister Calls for Higher Penalties for Electricity Distribution Companies
We foresee a five-fold increase in the financial penalties for the electricity distribution companies (EDCs) in case of non-fulfilment of their obligations to Bulgarian consumers, Energy Minister...
Чете се за: 04:07 мин.
How will new tariffs from the United States affect the Bulgarian economy?
The Bulgarian economy is also expected to face repercussions and losses if the United States indeed imposes tariffs on the European Union....
Чете се за: 01:17 мин.
Varna Airport launches new direct flights this year, uncluding to Abu Dhabi
Varna Airport reported a 16% drop in passenger traffic last year compared to 2023, which means 300,000 fewer passengers. This drop is attributed...
Чете се за: 04:47 мин.
Wholesale prices of fruit went up
All fruits monitored by the Commodity Exchange and Wholesale Markets State Commission rose in price during the week, data for the period January...
Чете се за: 03:40 мин.
Energy poverty: Unions call for compensation for nearly 2 million Bulgarians
A study by the Confederation of Independent Trade Unions in Bulgaria (CITUB) reveals that 35% of Bulgarians are energy poor. The union is calling...
Чете се за: 03:42 мин.
More than 800,000 pensioners iin Bulgaria on the brink of poverty
More than 800,000 pensioners iin Bulgaria on the brink of poverty
More than 800,000 pensioners are on the brink of poverty, according to data from the National...
Чете се за: 02:57 мин.
Bitcoin hits new record high, surpassing $109,000, on the day of Trump's inauguration
Bitcoin hits new record high, surpassing $109,000, on the day of Trump's inauguration
Bitcoin reached a new all-time high of $109,299, marking a 2.68% increase from the previous...
Чете се за: 03:20 мин.
Natural gas deliveries from Azerbaijan to Bulgaria resumed
Natural gas deliveries from Azerbaijan to Bulgaria resumed
Azerbaijan has resumed natural gas supplies to Bulgaria under its long-term contract with...
Чете се за: 00:52 мин.
After Eurostat data: Bulgaria on the verge of meeting the inflation criterion for joining the Eurozone
After Eurostat data: Bulgaria on the verge of meeting the inflation criterion for joining the Eurozone
Bulgaria remains on the verge of meeting the inflation criterion, as revealed by Eurostat's data...
Чете се за: 01:32 мин.
Will Bulgaria meet the inflation criterion for the Eurozone?
Will Bulgaria meet the inflation criterion for the Eurozone?
Eurostat's data on the annual inflation rates for eurozone countries is expected to be released...
Чете се за: 02:30 мин.
Inflation rate in Bulgaria for December is 2.2%
Inflation rate in Bulgaria for December is 2.2%
Inflation for 2024 is recorded at 2.2% compared to the previous year, according to the National...
Чете се за: 04:12 мин.
Will housing prices continue to rise?
Will housing prices continue to rise?
Housing prices have increased by 3.9% in the third quarter of 2024 compared to the previous...
Чете се за: 07:10 мин.
Energy Minister proposes extension of the programme for compensation of businesses for high electricity prices
Energy Minister proposes extension of the programme for compensation of businesses for high electricity prices
Caretaker Energy Minister, Vladimir Malinov, will propose to the Council of Ministers that the...
Чете се за: 02:17 мин.
Tax filing season in Bulgaria begins
Tax filing season in Bulgaria begins
Individuals who earn income outside of their employment contracts are required to submit tax...
Чете се за: 02:40 мин.
Employers and unions plan to protest if mechanism for compensation for high electricity prices is not established
Employers and unions plan to protest if mechanism for compensation for high electricity prices is not established
Employers and trade unions plan to protest on January 15 if a mechanism to compensate for the...
Чете се за: 01:50 мин.
Resumption of work of Chaira Pumped-Storage Hydropower Plant is a priority, Minister of Energy says
Resumption of work of Chaira Pumped-Storage Hydropower Plant is a priority, Minister of Energy says
The resumption of the operation of the pumped storage hydropower plant (PSHPP) "Chaira" is a...
Чете се за: 01:55 мин.
Tsvetelina Penkova, MEP: Bulgaria could be a key transit hub on the energy map of Europe
Tsvetelina Penkova, MEP: Bulgaria could be a key transit hub on the energy map of Europe
Bulgaria could become a key transit hub for Europe, commented Bulgarian MEP Tsvetelina Penkova...
Чете се за: 03:02 мин.
Budget Committee voted against extending reduced VAT rate for bread
Budget Committee voted against extending reduced VAT rate for bread
Members of the Budget Committee in Parliament on January 7 voted against extending the reduced...
Чете се за: 03:00 мин.
Bread price hike: Will other bakery products go up in price?
Bread price hike: Will other bakery products go up in price?
In recent days, there has been talk not only about the rise in bread prices but  about the...
Чете се за: 01:07 мин.
Economists predict a rise in inflation in Bulgaria
Economists predict a rise in inflation in Bulgaria
Inflation is expected to rise again due to the recent price increases in Bulgaria, economists...
Чете се за: 04:37 мин.
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
There are growing political calls to reinstate a 0% VAT rate for bread and 9% for the restaurant...
Чете се за: 06:05 мин.
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