The mayor of Bulgaria’s capital Sofia Yordanka Fandakova, the Acting Director of the U.S. Trade and Development Agency Enoh Ebong and the U.S.Ambassador to Bulgaria Herro Mustafa signed a grant agreement aimed at financing a plan for modernization of “Toplofikaciya Sofia” district heating company.
The plan is to analyze the possibilities for complete reconstruction, rehabilitation and recapitalization of the municipal enterprise that serves almost 1 million zitizens, announced the press center of Sofia Municipality. The analysis will be performed by a team of highly qualified American experts in the field of engineering, finance and law.
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..
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