As of 11 May, Bulgaria has full access to the single integrated European electricity market via the platform Day Ahead.
Every Bulgarian business is now able to buy electricity from an EU country with a delivery date on the following day. The price includes payment of the delivery network across all European borders. The deals will only be concluded when there is spare capacity along all borders. The deliveries are starting via Greece. The link with Romania is to become functional within months. This is due to the delayed accession to the single energy market of Romania, Czechia, Hungary and Slovakia, Konstantin Konstantinov, CEO of the Bulgarian independent energy exchange said for the BNR’s Horizont channel.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
Exactly a week remains until the final decision on Bulgaria's entry into the eurozone – on July 8, the European Parliament is to vote on whether Bulgaria..
At the start of the harvest season, Yanislav Yanchev, the Deputy Minister of Agriculture , predicted that the wheat would be of good quality. The country..
+359 2 9336 661