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Bulgaria’s Minister of Finance Temenuzhka Petkova

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..

published on 2/15/25 2:22 PM

The average salary in Sofia is EUR 1732, according to NSI

The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..

published on 2/14/25 2:48 PM

NSI: Annual inflation in Bulgaria at 3.7 per cent

Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..

published on 2/14/25 2:06 PM
The signing of the contract between the Sliven Diocese and Electra Trans Global for the land on which the large-scale complex will be built

Bulgarian aircraft repair company invests EUR 60 million in Burgas

One of the largest Bulgarian companies for repairing civil aviation aircraft has chosen Burgas for a major investment in aircraft repair and maintenance, the Municipality of Burgas announced. The company will build one of the largest hangar complexes..

published on 2/12/25 9:08 AM

NSI: Bulgaria exports less, imports more from third countries

In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..

published on 2/10/25 2:54 PM
Ruslan Stefanov and Elenko Bozhkov

The proceeds from the sale of Lukoil Neftohim should be frozen, experts say

It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..

published on 2/2/25 11:58 AM
Lyubomir Karimansky

The financial system in Bulgaria is stable, Lyubomir Karimansky says

“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..

published on 2/1/25 2:59 PM

Germany remains Bulgaria's largest foreign trade partner

Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce.  At a ceremony held at the University of..

published on 1/31/25 9:32 AM
Bulgarian National Bank building

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..

published on 1/29/25 1:16 PM
Delyan Peevski

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

published on 1/29/25 11:58 AM