Amendments to the Ownership and Use of Agricultural Land Act have been presented for public consultation. Land owners will have two more years to establish where their properties’ true boundaries lie. Agricultural offices will have five more years to satisfy the claims of land owners. The termination of land restitution concerns nearly 1 million Bulgarians and 80,000 farmers, the impact assessment reads.
Many Bulgarians who claimed the true boundaries of their property won their cases against Bulgaria at the European Court of Human Rights.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In..
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single..
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