National Ombudsman Maya Manolova has submitted a petition to the European Commission in protection of Bulgarian consumers against double standards in the food industry. This pertains to cases when the products of the same brands are sold with different quality in different countries of the European Union. The National Ombudsman institution has demanded new European regulations for controlling food quality. Ms Maya Manolova has already met for talks with European ombudsmen so that they would unite in their demand for new consumer protection regulations. Manolova however has said that the first results are not encouraging given that the so-called foods for the poor are harmless and many believe that their ban is useless.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all..
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