Leading Bulgarian economists are calling for the adoption of a Personal Insolvency Law. According to experts from the Economic and Public Policy Council, Bulgaria's legislation should protect both the rights of people in financial difficulties and creditors.
The law aims at helping Bulgaria overcome the perpetual debtor phenomenon, meanwhile allowing the financial sector to recover its receivables. Currently, the loan portfolio of individuals and small companies exceeds EUR 14.6 billion.
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting with aviation industry representatives. Minister Karadjov emphasized that he supports the idea..
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..
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..
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