Pessimism among Bulgarian consumers grew in April, statistics show. Confidence has decreased by 4.9 points since the beginning of the year, according to a study by the National Statistical Institute. Bulgarians point out that in the past 12 months..
Bulgaria’s Minister of Labor and Social Policy Georgi Gyokov proposes raising pensions as of July 1. The increase will follow the so-called “Swiss rule”. According to Minister Gyokov, all pensioners should also receive a monthly supplement to the tune..
Bulgarian Prime Minister Kiril Petkov's two-day working visit to the United States begins today. At the invitation of Munich Security Conference President Christoph Heusgen , he will participate in a Munich Leaders Meeting in Washington, the..
The net monthly income needed to support a working person in a one-person household in Bulgaria reached BGN 1,216 (621 euro) in March . This is BGN 157 (80 euro) more than in March 2021, according to the data of the Confederation of Independent Trade..
Today we mark the International Workers Day, also known as Labor Day. According to Dimitar Manolov, President of the Confederation of Labor Podkrepa, the war in Ukraine, inflation and the energy crisis are the biggest challenges for the Bulgarian..
As crisis after crisis pummels the government of Prime Minister Kiril Petkov - an unlikely coalition of four parties that do not see eye to eye on a host of critical issues - many are saying the cabinet may fall, some are even talking of early..
The annual inflation rate has accelerated in March for the 13 th consecutive month, reaching 12 . 4% as compared to 10% in February, reaching its highest level since 2008, National Statistical Institute data show. Within the space of just..
In an uncertain environment, economic policies need to deal with significant challenges. While the recovery from the pandemic-induced crisis was getting hold, the war in Ukraine is expected to have a significant economic impact, including by..
Democratic Bulgaria will submit a proposal to the country’s Parliament to raise the VAT registration threshold as of the beginning of 2023, which would bring prices and inflation down, MP Martin Dimitrov announced. Late payment interest rates..
Economist Stoyan Panchev : Against the backdrop of inflation in the Eurozone and insecurity over the war in Ukraine, we should be in no hurry to replace the Bulgarian Lev with the Euro Bulgaria’s Recovery and Resilience Plan has been..
