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Low taxes do not solve the state's budgetary problems: CITUB

Bulgaria is going to the sixth early parliamentary elections in less than 4 years, and this hinders the constructive debate and the ratification of an important convention prepared by the International Labor Organization (ILO) and accepted by 44 countries..

published on 10/7/24 2:30 PM

Construction of the Hemus Motorway has been going on for half a century

On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's..

published on 10/4/24 1:29 PM
Tourism Ministrer Evtim Miloshev

Tourism minister calls for efforts for all-year-round tourism in Bulgaria

2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts..

published on 10/4/24 11:17 AM

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..

published on 10/3/24 3:39 PM

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he  LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

published on 9/30/24 2:02 PM

New procedure under Recovery and Resilience Plan provides access to over BGN 1 billion for businesses

The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..

published on 9/28/24 5:05 AM

The EBRD lowers growth forecasts, but is optimistic about inflation

The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...

published on 9/26/24 1:17 PM
BNB

The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

published on 9/20/24 6:03 PM