The future arrives today – Automotive Forum and Expo Sofia 2018

Those who think the future is something far away and unclear are wrong. Everyone can be sure that it is here today if you visit the Automotive Forum & Expo Sofia 2018. The exhibition can be seen in the Inter Expo Center in Sofia and is open..

published on 10/19/18 4:23 PM

Bulgaria-Balkan leader in global competitiveness ranking

Bulgaria retained its 51 st position (above the world average) in the Global Competitiveness Report of the World Economic Forum. A total of 140 countries are included in the report. It uses 98 indicators to assess the countries. It is..

published on 10/18/18 1:46 PM

Bulgaria - European champion in labour shortage engendered losses to the economy

Until a couple of years ago everyone was complaining that unemployment in Bulgaria was too high – there have been years when it came close to 13 percent. Now, everyone is complaining of a shortage of labour – highly qualified staff, but also..

published on 10/17/18 2:09 PM

Brand Bulgaria worth 54 billion US dollars

Have you wondered how much a state is worth? The answer comes from the British company Вrаnd Fіnаnсе. For another year in a row it has compiled a ranking of brands and has published a list with country “prices”. The criteria The nation brand is the..

published on 10/12/18 11:58 AM

Maximum pension in Bulgaria goes up, ceiling of pensions remains

The Bulgarian authorities were planning until recently to lift the ceiling of all new pensions in this country. However, at the end of last week the Bulgarian cabinet announced unexpectedly that as of July 1, 2019 the maximum pensions will be..

published on 10/8/18 11:46 AM

Bulgarian banks’ profit crosses psychological boundary of BGN 1 billion

Between January and August 2018 the profit of all 26 commercial banks in Bulgaria crossed the psychological boundary of BGN 1 billion (EUR 556 million). Moreover, the banks’ profit increased with 20% as compared to the same period last year...

published on 10/2/18 11:40 AM

Branimir Botev: Over-regulation will make some licensed alcohol producers become part of the gray economy

The Bulgarian authorities recently announced plans to make amendments to the Criminal Code, in order to tighten control over the manufacture of alcohol and tobacco. When the country’s National Assembly adopts the proposed amendments the..

published on 10/1/18 12:11 PM

Is price shock going to hit Bulgarians in October?

Bulgarians have become used to living with bearable and relatively stable prices for the past 5-6 years, as they neither increased dramatically nor registered any significant falls. This price stability was mainly due to deflation. There have..

published on 9/28/18 3:14 PM
Plamen Dimitrov (left) and Bisser Petkov during the discussion

Measures against undeclared work discussed in Sofia

Unpaid social insurance contributions in Bulgaria vary between 500,000 and1 billion euros annually, the President of the Confederation of Independent Trade Unions in Bulgaria, Plamen Dimitrov, said at an international conference on informal..

published on 9/26/18 3:35 PM

Administrative obstacles make production at farmers’ markets more expensive

Those people who eat organic food buy it mostly from the so-called farmers’ markets. However, those are situated predominantly in big cities and the trading farmers face a series of difficulties – ceased agricultural subsidies to begin with,..

published on 9/26/18 1:36 PM