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Bulgarian government wants to negotiate lower fuel prices with Lukoil

The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to..

11.08.22 11:32 |

Bulgarian National Bank warns of risks for Bulgarian banks

A sharp increase in the prices of fuels and raw materials and possible disruptions in their regular supply can affect economic activity, affect the ability of borrowers to service their loans and subsequently lead to an increase in bad loans and asset..

03.08.22 14:44 |
National Statistical Institute

Despite the political crisis, the business climate remains stable: National Statistical Institute

The economic situation in the country has stabilized in 2022. Managers in all spheres continue to expect a rise in prices in the coming three months, the latest National Statistical Institute business climate report shows.  The growth forecasts..

28.07.22 12:23 |

Bulgargaz wants 54% increase in natural gas prices in August

Bulgaria's dominant state gas company Bulgargaz has asked the energy regulator for a 54% higher price for natural gas in August, or 287 leva per megawatt-hour before taxes. The company filed its application at the end of last week, but it was..

27.07.22 14:46 |

Prices in "Sunny Beach" now similar to those in Marmaris

After years of being the cheapest seaside holiday destination for British guests, this season Bulgaria's Sunny Beach has been overtaken by Marmaris, Turkey. The Holiday Money Report of the British Post Office and the tour..

26.07.22 12:15 |

Fuel prices place Bulgaria among top destinations for budget travel

The Road Trip Index 2022 by the leading world travel application KAYAK breaks down 33 countries by 24 individual factors depending on what they each offer and the type of trip one wants to take. The rankings from this study are divided into five..

11.07.22 13:07 |

Bulgaria’s lawmakers finally adopt the amendment of the 2022 state budget

Following two days of debates, Bulgaria’s lawmakers have finally adopted the amendment of the 2022 state budget. “The MPs exercised responsibility against the backdrop of a complicated political situation. It will be difficult, yet not impossible,..

01.07.22 11:56 |

Producer prices jump 38 percent in May

In May, the producer price index rose 38% compared to the same month in the previous year, according to data by the National Statistical Institute. During this period, prices for the production and distribution of gas, electricity..

30.06.22 14:32 |

High energy prices expected to dominate market at least until 2023

Deputy Minister of Energy Iva Petrova forecasts that high energy prices would dominate the market at least until 2023. During the Sofia Economic Forum , she said that the government's efforts after the suspension of gas deliveries from..

21.06.22 15:54 |

Annual inflation rate at almost 16%

The annual inflation rate for May 2022 compared to May 2021 is 15.6%, National Statistical Institute data published today show. The monthly inflation rate – May compared to April 2022 – is 1.2%. The steepest monthly price rise is of..

15.06.22 17:49 |
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