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The egg as a symbol of high inflation

According to data of the National Statistical Institute, 30% of retailers in Bulgaria expect that prices in this country will continue to rise in the next three months, even though the prices of essentials such as eggs, vegetables and..

01.03.23 15:30 |

Bulgarian National Bank sets base interest rate at 2.17%

The Bulgarian National Bank raised the base interest rate by 0.35% to 2.17%. The new base interest rate is effective as of March 1. In February the base rate was at 1.82%. The interest rate increase comes against the backdrop of increasing interest..

01.03.23 11:40 |

Solar power generation increases by 30% year-on-year

In 2022, solar power generation increased by 30% year-on-year, the Director of the Electricity System Operator Angelin Tsachev announced at a conference dedicated to the decarbonisation of Bulgaria’s economy.  Angelin Tsachev predicted that in 2023..

27.02.23 18:36 |

Balkan developments

Earthquake diplomacy warms Turkiye‘s ties with Greece and Armenia Greek foreign minister Nikos Dendias has visited the earthquake-stricken areas of Turkiye, accompanied by his Turkish counterpart, Mevlut Cavusoglu. Nikos Dendias‘ visit was..

17.02.23 15:07 |

Rising prices, speculation and impoverishment affect debate on euro adoption in Bulgaria

The more people talk about adoption of the euro in Bulgaria, the more people seem to fear that the single European currency could lead to even higher prices in stores. In order to shed light on the issues and facts that concern..

14.02.23 15:30 |
President Rumen Radev

Bulgarian President reports real growth in industrial production

Bulgaria has become a factor in the Balkans and Europe through partnerships that strengthen economic and energy security. They are in the interest of our neighboring countries, partners and allies in the EU and NATO, said Bulgarian President Rumen..

07.02.23 10:49 |

Unemployment in Bulgaria keeps shrinking but business faces personnel shortage

“The moment you become very good at something, the high incomes will inevitably come. The world needs all kinds of people who can do a variety of things," a Bulgarian career development specialist says. However, it is important..

18.01.23 13:00 |

Just 11% of Bulgarians managed to save money in 2022

Just 11% of Bulgarians managed to save some money last year, according to a study by the "Trend" research center. 39 percent said they lived normally, but without being able to make any savings. 19% had to use money from their..

09.01.23 14:05 |

2022 - a good year for business and a bad one for people as inflation deepens inequalities

After two years of pandemic, we welcomed 2022 with the hope for life to return to normal, incomes to rise and society to be back on track. Until, in February, the world faced another crisis - only this time on the war front. It dragged down..

29.12.22 07:05 |

Confederation of Employers and Industrialists in Bulgaria: Bulgaria's Schengen accession should not be delayed any further

"Bulgaria's accession in Schengen should not be delayed any further" , reads an open letter by the Confederation of Employers and Industrialists in Bulgaria (KRIB), addressed to the country’s President, government and National Assembly ...

22.11.22 17:50 |
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