Bulgaria’s Minister of Energy Temenuzhka Petkova announced that the Bulgarian Energy Holding borrowed a loan to the tune of EUR 535 million from a consortium formed by three international banks. The National Electric Company will use the money to pay the two US thermal power plants in Maritsa Iztok energy complex. Thus, the new agreements for lower purchase prices of electricity produced at these power plants will enter into force. BEH took a bridge loan and is to issue bonds at the international financial markets in the next twelve months.
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press center of the ministry reports that the forum will be opened on Wednesday at 4 p.m. by Deputy Prime..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
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