Bulgarian consumers pay more for lower quality products

A scandal has been gaining momentum in the new EU member states. The scandal erupted last year when the countries from the Visegrad Group alarmed that some food products sold in the new EU member states were of poorer quality as compared to..

published on 4/26/18 11:48 AM

Government shows moderate optimism on future of economy

The three-year budget forecast, adopted these days by the government together with the major macroeconomic parameters displays moderate optimism. At the same time experts of Bulgaria’s largest bank stated that 2018 would be a record year in..

published on 4/24/18 2:08 PM

Backbone of European economy will be professionals of the future with good digital skills

"Unemployment in the EU has reached a record low level for the past ten years, but still the number of unemployed young people is big," European Commissioner responsible for employment, social affairs, skills and labour mobility Marianne Thyssen..

published on 4/19/18 2:04 PM

Bulgarian emigrants are biggest investors in their home country

There is no official statistics about the number of the “new Bulgarian emigrants” who left this country after 1989. Their number perhaps fluctuates between 1 and 1.5 million. Most of the Bulgarian emigrants settled in North America and the EU..

published on 4/16/18 12:00 PM

Bulgarian company to compete for USD 1 mln. award

The NASEKOMO startup, developing an innovative technology for conversion of organic waste into an alternative protein source via the black fly larvae will present this country at the final of the Chivas Venture 2018 contest for business with a..

published on 4/14/18 8:00 AM

On Bulgarian pensions and the meaning of EUR 20 in bonus money for Easter

There are 2,169,000 retired people in Bulgaria and 1,227,000 of those or more than 50% will receive the symbolic Easter bonus of EUR 20, as their pensions are lower than the poverty threshold of EUR 160 per month. The sum is not impressive at..

published on 4/2/18 2:38 PM

CITUB: Exploitation of Bulgarian workers in Germany and Italy is frequent and alarming practice

More than 200 000 are the Bulgarian citizens who have chosen to work in Germany, but as foreigners, they have certain adaptation difficulties and lots of problems. The press conference on "Cross-border cooperation between trade unions in Bulgaria..

published on 3/29/18 3:27 PM

Price of Bulgarian farmland doubles in 5 years despite restrictions on buyers

The price of Bulgarian farmland doubled in 5 years, although some restrictions were imposed on foreign buyers, Eurostat announced. Foreign nationals are able to purchase Bulgarian farmland if they reside in this country for at least 5 years...

published on 3/26/18 1:13 PM

Energy experts: Belene NPP should not be top priority of Bulgaria’s government

The Bulgarian government should not hurry fulfilling the Belene nuclear power plant project, the former Minister of Economy Traycho Traykov, energy experts and former MPs wrote to the institutions. We are not against the development of nuclear..

published on 3/24/18 10:15 AM
Vladislav goranov (left) and Gunter Oettinger

Bulgaria’s support for increased payments to next EU budget: interpretations

Some people might have been surprised as Finance Minister Vladislav Goranov declared these days during a Sofia-held European meeting on the Multiannual Financial Framework post 2020 that Bulgaria was ready to uphold increased payments to the EU..

published on 3/13/18 2:43 PM