Business

Doubled Costs: Vacationing by Bulgaria's Black Sea Surges in July and August

Vacationing at the seaside, whether in our country or abroad, is reasonably priced

Business » Tourism | April 22, 2024, Monday // 11:59 | Viewed: 2649

Rising Trend: Bulgarians Abroad Send Increasing Amounts of Money to Home Country

February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July

Business » Finance | April 22, 2024, Monday // 11:03 | Viewed: 2117

Bulgarian Farmers Brace for Early Harvest as Heatwave Accelerates Crop Ripening

In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening

Business » Industry | April 22, 2024, Monday // 10:19 | Viewed: 2145

Finance Minister Reveals: Bulgaria's Fiscal Reserve Stands at BGN 10.9 Billion

Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th

Business » Finance | April 22, 2024, Monday // 09:02 | Viewed: 1873

Bulgarian-Ukrainian Business Forum with Bilateral Meetings: April 25, 2024, Vasil Levski Hall, Hyatt Regency Sofia Hotel

The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry

Business | April 20, 2024, Saturday // 09:47 | Viewed: 2454

Home Sweet Home: The Reality of Housing in Bulgaria Revealed

New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.

Business » Properties | April 20, 2024, Saturday // 09:37 | Viewed: 6090

Surge in New Hotels, Restaurants, and Tech Startups in Bulgaria

The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate

Business | April 20, 2024, Saturday // 09:31 | Viewed: 3888

10-15% Higher Prices: Bulgarians and Foreigners Brace for Increased Travel Costs as Holiday Season Approaches

As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag

Business » Tourism | April 19, 2024, Friday // 14:01 | Viewed: 3810

Sofia Exceeds Average Income Levels in Europe

Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics

Business » Finance | April 19, 2024, Friday // 10:43 | Viewed: 7228

Bulgaria's Eurozone Entry Postponed: Central Bank Governor and Ex-Economy Minister Sound Alarm

Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges

Business » Finance | April 19, 2024, Friday // 08:10 | Viewed: 4632

Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List

In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists

Business » Tourism | April 18, 2024, Thursday // 17:49 | Viewed: 7099

Bulgarian Household Incomes Offset by Inflation in 2023

According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.

Business » Finance | April 18, 2024, Thursday // 15:08 | Viewed: 2436

Report Shows Bulgarians Have Doubled Their Wealth in a Decade

The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022

Business » Finance | April 18, 2024, Thursday // 14:40 | Viewed: 2623

Ex-Economy Minister: Bulgaria Unlikely to Enter Eurozone in Early 2025

In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025

Business » Finance | April 18, 2024, Thursday // 12:15 | Viewed: 2937

Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May

In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May

Business » Energy | April 18, 2024, Thursday // 11:28 | Viewed: 2296

Bulgarian National Bank Chief Targets 2025 Eurozone Access

The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)

Business » Finance | April 18, 2024, Thursday // 09:00 | Viewed: 2067

Former Interior Ministry Chief Implicated in Alleged Criminal Network: Bulgaria's Latest Political Storm

In a latest twist to the unfolding saga of political intrigue, the Sofia City Prosecutor's Office has announced charges against former Interior Ministry Secretary General Zhivko Kotsev, implicating him in an alleged criminal group

Business | April 18, 2024, Thursday // 08:40 | Viewed: 1997

Banking and Government Leaders Rally for Bulgaria's Eurozone Entry

Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards

Business » Finance | April 17, 2024, Wednesday // 15:23 | Viewed: 2923

Record Winter Tourism Numbers Reported in Bansko

Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season

Business » Tourism | April 17, 2024, Wednesday // 10:48 | Viewed: 3007

IMF Director Urges Bulgaria Not to Miss Euro Adoption Chance

In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will

Business » Finance | April 16, 2024, Tuesday // 17:01 | Viewed: 2978

BNB: Bulgaria's GDP to Rise by 2.2% in 2024, with Average Annual Inflation at 3%

In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023

Business » Finance | April 16, 2024, Tuesday // 16:35 | Viewed: 2505
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