Business

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: 2986

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

Insights into Bulgaria's Banknote Circulation Trends Before Eurozone Entry

As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape

Business » Finance | April 16, 2024, Tuesday // 15:19 | Viewed: 3197

Bulgarian Industry Leader Sounds Alarm: EU Economy Falls Behind

Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts

Business | April 15, 2024, Monday // 17:50 | Viewed: 3667

Germany Emerges as Top Destination for Bulgarian Tourists

Recent data from the German Tourist Board show a discernible trend, indicating an increased interest among Bulgarians in visiting Germany

Business » Tourism | April 15, 2024, Monday // 15:36 | Viewed: 2287

Bulgaria's Inflation Slows to 3% in March, Marking Lowest Rate Since July 2021

In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%

Business » Finance | April 15, 2024, Monday // 12:34 | Viewed: 3044

Bulgaria's Road to Eurozone Stalled: Political Crisis Inflicts Billion-Lev Blow

As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident

Business » Finance | April 15, 2024, Monday // 09:04 | Viewed: 5495

World Bank Warns: Bulgaria's Eurozone Accession at Risk!

Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank

Business » Finance | April 13, 2024, Saturday // 16:43 | Viewed: 5443

Robert De Niro Opens Two Hotels in Bulgaria

Renowned actor and co-founder of Nobu Hospitality, Robert De Niro, is set to make waves in Bulgaria's hospitality scene with the opening of two luxury hotels under the Nobu brand

Business | April 13, 2024, Saturday // 16:36 | Viewed: 9719

Bulgaria's Balchik Airport Welcomes Over 20 Planes from Romania to Mark Schengen Entry

In a momentous occasion marking the entry of Bulgaria and Romania into the Schengen area by air and sea, Balchik Airport is set to witness a remarkable gathering of more than 20 planes from Romania

Business » Tourism | April 13, 2024, Saturday // 09:10 | Viewed: 8311

Most Bulgarians Living Abroad Invest in Property Purchases in Their Homeland

Many Bulgarians living and working abroad are actively purchasing properties in their homeland

Business » Finance | April 12, 2024, Friday // 16:38 | Viewed: 3993

European Commission Partners with Bulgaria to Promote Euro Adoption

In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro

Business » Finance | April 12, 2024, Friday // 15:15 | Viewed: 4393

Greek Electricity Giant Acquires Bulgarian Solar Parks

The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria

Business » Energy | April 12, 2024, Friday // 11:48 | Viewed: 3920

Bulgarian Honey Industry Struggles with Import Woes, Says Local Producer

Manol Todorov, a leading figure in the Strandzha honey industry, has expressed optimism about the 2024 harvest for mann honey

Business | April 11, 2024, Thursday // 17:07 | Viewed: 2943

Oil Prices Surge Amid Middle East Tensions

Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel

Business » Energy | April 11, 2024, Thursday // 14:03 | Viewed: 2987

Bulgargaz Loses 27% Market Share Due to Contract with 'Botas

Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"

Business » Energy | April 11, 2024, Thursday // 11:26 | Viewed: 2849

Bulgarians Demand Ban on 'Mixed Change' Amid Eurozone Transition Talks

As Bulgaria gears up to join the Eurozone, citizens are voicing their concerns and expectations regarding the transition

Business » Finance | April 10, 2024, Wednesday // 14:14 | Viewed: 6485

Bulgaria Appoints New Director for Customs Agency in Government's First Decision

Marking the inaugural decision of Bulgaria's new caretaker government, the Customs Agency welcomes a new director, as announced by acting Finance Minister Lyudmila Petkova

Business » Finance | April 10, 2024, Wednesday // 09:24 | Viewed: 3399

New for Summer 2024: Bulgaria Air Offers Direct Flights to Lisbon

The flights will operate every Wednesday and Saturday.

Business » Tourism | April 9, 2024, Tuesday // 14:01 | Viewed: 2677

Bulgaria's New Finance Minister Prioritizes Eurozone and Full Schengen Membership

The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Sche

Business » Finance | April 9, 2024, Tuesday // 13:42 | Viewed: 3163

Vatican Condemns Gender Reassignment and Surrogacy as "Threats" to Human Dignity

The Vatican has issued a strong condemnation of gender reassignment surgery and surrogacy, labeling them as "serious threats" to human dignity

Business | April 9, 2024, Tuesday // 11:49 | Viewed: 1953
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