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Economy

Fiscal Council Delivers Critical Assessment of Bulgaria's 2025 Budget Execution

Bulgaria’s Fiscal Council has delivered a highly critical preliminary assessment of the implementation of the consolidated fiscal programme for 2025, highlighting major concerns including significantly overestimated forecasts, high inflation, unrealistic tax revenue projections, excessive...
Чете се за: 03:30 мин.
Pulp Factory Workers in Svishtov Protest Over Unpaid Wages
Pulp Factory Workers in Svishtov Protest Over Unpaid Wages
Nearly 300 employees of a large pulp production plant in the town of Svishtov (Northern Bulgaria) staged a protest today, February 12, over unpaid wages. Workers have not received salaries...
Чете се за: 01:55 мин.
Consumer Shopping Basket Up by €5 Since Start of the Year
Consumer Shopping Basket Up by €5 Since Start of the Year
The cost of a consumer shopping basket has risen by €5 since the beginning of the year, according to the Coordination Centre under the Euro Mechanism. A basket of 27 basic food items,...
Чете се за: 01:50 мин.
Property Prices in Sofia Up by €500 per Square Metre
Property Prices in Sofia Up by €500 per Square Metre
Property prices in Sofia have increased by €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Housing in the...
Чете се за: 03:25 мин.
ECB President Welcomes Bulgarian Central Bank Governor to First Monetary Policy Meeting After Eurozone Accession
European Central Bank (ECB) President, Christine Lagarde, has welcomed the Governor of the Bulgarian National Bank (BNB), Dimitar Radev, to his...
Чете се за: 01:42 мин.
OECD: Bulgaria Has the Highest Rate of Elderly Poverty
The Organisation for Economic Co-operation and Development (OECD) has recommended that Bulgaria strengthen its fiscal discipline, seek ways to...
Чете се за: 04:22 мин.
Parliament Approves at First Reading Establishment of Tourist Guarantee Fund
The Bulgarian Parliament on February 4 approved at first reading amendments to the Tourism Act, establishing a Tourism Guarantee Fund. The fund...
Чете се за: 01:07 мин.
Major Overhaul of Bulgaria’s Rail Passenger Services
Bulgaria is undertaking a major overhaul of its rail passenger services, with the state signing a contract with the country’s first private...
Чете се за: 04:32 мин.
Energy Ministry and Regulator Launch Emergency Inspections Over High Electricity Bills
Energy Ministry and Regulator Launch Emergency Inspections Over High Electricity Bills
The Ministry of Energy and the Energy and Water Regulatory Commission have launched emergency...
Чете се за: 01:52 мин.
Prices Continue to Rise in Bulgaria in January This Year
Prices Continue to Rise in Bulgaria in January This Year
Prices in Bulgaria continued to rise in the first month of the year, but at a slower pace than...
Чете се за: 01:17 мин.
Flash Inflation: How Much Did the Cost of Living Increase in January?
Flash Inflation: How Much Did the Cost of Living Increase in January?
Prices for services in Bulgaria have not yet peaked and are expected to continue rising,...
Чете се за: 05:37 мин.
Budget 2025: Deficit Held at 3.1% of GDP
Budget 2025: Deficit Held at 3.1% of GDP
The first data on budget execution for last year show that Bulgaria managed to keep the deficit...
Чете се за: 00:47 мин.
Bulgaria and the Euro: Safeguarding the Single European Currency, Its History and Economic Impact
Bulgaria and the Euro: Safeguarding the Single European Currency, Its History and Economic Impact
Bulgaria has now been using the euro exclusively for two days. In the Personal Finance segment,...
Чете се за: 08:20 мин.
Fuel Prices Remain Stable, but Grey Market Raises Concerns for Businesses
Fuel Prices Remain Stable, but Grey Market Raises Concerns for Businesses
Fuel prices in Bulgaria have so far remained unchanged, while the international crude oil market...
Чете се за: 06:15 мин.
Bulgaria's Central Bank: 75% of Lev Banknotes Withdrawn from Circulation as the Country Nears the End of Dual Currency Period
Bulgaria's Central Bank: 75% of Lev Banknotes Withdrawn from Circulation as the Country Nears the End of Dual Currency Period
A day before the end of the dual circulation period, the Bulgarian National Bank (BNB) reports...
Чете се за: 01:47 мин.
Bulgarian National Bank Clarifies Rules on Damaged Euro Banknotes
Bulgarian National Bank Clarifies Rules on Damaged Euro Banknotes
Following a negative campaign encouraging people to deface euro banknotes with texts and...
Чете се за: 04:22 мин.
After Nine Years: Regular Rail Service between Sofia and Thessaloniki to Be Restored
After Nine Years: Regular Rail Service between Sofia and Thessaloniki to Be Restored
Regular train services between Sofia and Thessaloniki will be restored next year, nine years...
Чете се за: 06:20 мин.
Monthly Cost of Living for a Family of Three Reaches €1,438, Says Trade Union
Monthly Cost of Living for a Family of Three Reaches €1,438, Says Trade Union
A net monthly income of BGN 2,812, or €1,438, is now needed to cover the cost of living for...
Чете се за: 02:55 мин.
Consumer Protection Commission Reminds: From 1 February Payments Can Be Made Only in Euros
Consumer Protection Commission Reminds: From 1 February Payments Can Be Made Only in Euros
From 1 February 2026, the euro becomes the only legal tender in Bulgaria, the Consumer...
Чете се за: 02:22 мин.
'Bulgartransgaz' To Take Part in Development of a New Digital Corridor between Asia and Europe
'Bulgartransgaz' To Take Part in Development of a New Digital Corridor between Asia and Europe
'Bulgartransgaz' will take part in the development of a new digital corridor between Asia and...
Чете се за: 03:20 мин.
FSC Reports Increased Returns for Bulgarian Pension Funds
FSC Reports Increased Returns for Bulgarian Pension Funds
Pension funds in Bulgaria have recorded positive returns over the past two years, according to...
Чете се за: 02:30 мин.
Final Days of Dual Payments: Bulgaria Switches Fully to the Euro from 1 February
Final Days of Dual Payments: Bulgaria Switches Fully to the Euro from 1 February
Only a few days remain in which people in Bulgaria can pay using both the lev and the euro. From...
Чете се за: 06:47 мин.
Rumen Radev: Bulgaria Aims to Play an Active Role in Developing Digital Connectivity
Rumen Radev: Bulgaria Aims to Play an Active Role in Developing Digital Connectivity
President Rumen Radev (2017–2026) held a meeting today, January 27, with representatives...
Чете се за: 01:52 мин.
Outgoing Minister of Transport Grozdán Karadzhov: Border Blockades with Serbia and North Macedonia Will Cause Very Big Economic Losses
Outgoing Minister of Transport Grozdán Karadzhov: Border Blockades with Serbia and North Macedonia Will Cause Very Big Economic Losses
Vice Prime Minister and outgoing Minister of Transport and Communications Grozdán...
Чете се за: 03:07 мин.
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