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Labour force from the Bulgarian diaspora – a good idea, but it will not solve existing problems

A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – ​​to..

17.06.25 16:05 |

Slowdown in the global economy will reduce the growth of Bulgarian GDP

The World Bank has lowered its forecasts for the economic growth of the global economy and Bulgaria for this and next year. The assessment is part of the regular analysis of the international financial institution, published every 6..

11.06.25 11:07 |

How will the adoption of the euro affect real estate prices in Bulgaria?

The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..

21.05.25 11:35 |

Terminating the Botas contract would cost over €2 billion, says Energy Minister says Stankov

By the end of the year, Bulgargaz will have to pay an additional €10 million under the contract with Botas due to indexation. This information was reported by BGNES and confirmed by Energy Minister Zhecho Stankov. During the caretaker government of..

15.05.25 14:02 |
Economy Minister Petar Dilov in parliament.

Bulgaria expects negative spillover effect from US tariffs

An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...

29.04.25 16:23 |

Minister Petar Dilov: VMZ-Sopot will not be privatized

There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..

08.04.25 12:04 |
Odile Renaud-Basso

EBRD President Odile Renaud-Basso: Bulgaria is making good progress toward joining the Eurozone

Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..

20.03.25 09:10 |

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..

10.02.25 14:54 |

Eurostat: Bulgaria has the lowest minimum wage in the EU

In January 2025, Bulgaria had the lowest minimum wage among EU member states - 551 euros , according to Eurostat data . Luxembourg had the highest - 2 638 euro per month. Over the past decade, since 2015, the minimum wage in Bulgaria has increased..

06.02.25 15:14 |

The Economist holds forum dedicated to the Bulgarian economy

The Economist magazine is holding a forum today in Sofia dedicated to the development of the Bulgarian economy. The event brings together representatives of state institutions, business and the banking sector, diplomats. The guest..

05.02.25 07:45 |
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