Inflation has outpaced wage growth in almost all sectors of the Bulgarian economy and consumer prices have risen by 10% year-on-year. These are part of the conclusions in an analysis by the Institute for Market Economy. Average..
The Ministry of Economy has been conducting a survey among businesses about gas consumption during the winter months. The results will be reported to crisis headquarters to help the government's decisions on securing and distributing..
According to the latest Eurostat data for 2020, published today, 80% of Bulgarians of working age up to 65 living in households with low economic activity are at risk of poverty. According to this indicator, the country ranks fourth among the..
We are in for a hot August in Bulgaria this year – in politics and in the economy. On the first day of the month, all eyes are on the president – as today he issued two decrees, one dissolving the 47 th National Assembly as of 2 August, 2022, and..
Bulgaria received more than 11 billion euros for projects financed by the structural and cohesion funds of the EU in the period 2007 to June 2022. The data was presented by the Institute for Market Economy. The capital city attracted..
In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced. The indicator..
Employers have expressed concerns about the proposal for updating the state budget, which is to be voted on at second reading. According to Vasil Velev, chairman of the Industrial Capital Association, the changes are likely to shake the financial..
According to the National Statistical Institute inflation in Bulgaria is 14.4%, but the market basket of consumer goods includes a number of optional goods that nobody consumes. In fact, if the consumer price index is taken into account, inflation..
Bulgaria’s Premier Kiril Petkov said he was going to Baku later this week to confirm the quantities of Azerbaijani gas for Bulgaria. Premier Petkov is paying a visit to the town of Veliko Tarnovo. Kiril Petkov expects the Bulgaria-Greece gas..
Anyone who provided information helpful to establish tax evasion should receive a 10% bonus on the evaded sum, a package of measures aimed at more effective collection of taxes and social security contributions, envisages. This is what MP from "We..
