Podcast in English

Bulgaria’s Minister of Economy Bogdan Bogdanov

Economy Minister: Foreign investments in Bulgaria increase

In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT.  2022 is the second year of the last 15 years with the highest..

published on 7/17/23 10:57 AM

Deputy Minister of Energy: There will be clarity about the interest in the equipment of Belene NPP within 2 months

We will have concrete parameters of Ukraine's interest in the reactors from the unfinished Belene nuclear power plant within 60 days , Bulgaria’s Deputy Minister of Energy Iva Petrova said for “Bulgaria on air” TV. “The National Assembly, which..

published on 7/16/23 11:42 AM

Is there going to be a referendum on the adoption of the euro – the jury is still out

The majority in the National Assembly, i.e. GERB/SDS and We Continue the Change/Democratic Bulgaria (PP/DB) and the Movement for Rights and Freedoms, rejected the proposal by the nationalist party Vazrazhdane for the holding of a referendum on keeping..

updated on 7/11/23 11:25 AM

13 billion cubic meters of gas estimated in the Khan Asparuh exploration block near Varna 

French Total and Austrian OMV, who are exploring the Black Sea gas deposits, expect to find 13 bcm in the Khan Asparuh exploration block near Varna. The two companies told this to the Parliamentary Energy Committee and the news was announced on Facebook..

published on 7/9/23 11:30 AM

BNB to issue non-investment gold coins

The Bulgarian National Bank (BNB) has not declared as its goal the creation of a "Bulgarian investment gold coin", the treasury said. BNB announced that in 2024 it will release gold coins without pre-specified mintage. In some parameters, these coins..

published on 7/8/23 9:58 AM

“Musala” bulk carrier joins the fleet of Navigation Maritime Bulgare

The flag of the bulk carrier “Musala” was raised at the Chinese plant Jiangsu Yangzi-Mitsui where the vessel was built, Navigation Maritime Bulgare (Navibulgar) said. It is the seventh of twelve 32,150-ton bulk carriers contracted by Navibulgar. The..

published on 7/7/23 10:48 AM

Podkrepa and Confederation of Independent TUs in Bulgaria reluctant to support a budget with no incomes policy

The government approved the draft of the state budget for 2023 which has to be endorsed by the National Assembly by the end of July. However, its basic parameters dashed the hopes of any pay raises, particularly in key sectors that are underfinanced...

published on 7/6/23 2:19 PM

Bulgaria will try to sell Belene NPP equipment to Ukraine

We have submitted a proposal in order to try to sell the Russian nuclear equipment from the site at the Belene NPP to Ukraine, Democratic Bulgaria MP Ivaylo Mirchev wrote on Facebook. An explicit requirement is that the price should..

published on 7/5/23 10:00 AM

The price of gas for July will be 8% lower

Natural gas in July will cost 60.58 BGN /30.97 EUR/ per megawatt hour (MWh) without taxes and fees, or 8% lower than in June, which was 65.82 BGN/MWh /33.65 EUR/, the Commission for Water and Energy Regulation finally decided.  At this price,..

published on 7/1/23 4:45 PM
Асен Василев

The 3% deficit seems to be the only thing the draft budget for 2023 focuses on

Minister of Finance Assen Vassilev presented the draft budget for 2023. In turn, Prime Minister Nikolay Denkov voiced his hope that the MPs from the first parliamentary force GERB-SDS would support it, as it seemed feasible and realistic. However,..

published on 6/29/23 2:31 PM