Flat tax is one of the few things that actually works: Yavor Alexiev, Institute for Market Economics

There has been an 8 to 10 percent annual increase in the average salary over the past few years and this is an indication that we are slowly catching up with average European levels, seeing as the starting point for the Bulgarian economy was very low...

published on 9/19/17 10:05 AM

Retail chain stores don’t kill, but develop market in Bulgaria

Many Bulgarians tend to think that the increasing presence of large retail chain stores has its negative impact on the home market, such as neglecting of national producers, predominant sales of imported goods, lower quality of foods, tax..

published on 9/11/17 2:05 PM

Defense industry trouble against the background of good financial results

Some 1000 workers in one of Bulgaria’s largest defense industry enterprises EMKO went on protest earlier this week over the company’s frozen license. The measure has been imposed by the Interdepartmental Council for the Defense Industry and..

published on 8/23/17 11:51 AM

Attracting capital key for Bulgaria: Georgy Ganev

“We should never stop comparing with Romania, because Romanians have been reforming, while Bulgarians have been only talking about reform in the recent years”, economist Georgy Ganev, professor at the Faculty of Economics and Business..

published on 8/19/17 2:04 PM
Lyubomir Datsov

The financial difficulties of the Bulgarian municipalities are mainly due to inefficient spending: Lyubomir Datsov

The overdue debts of the Bulgarian municipalities by the middle of 2017 amount to EUR 75 million. The latest report of the Bulgarian Ministry of Finance shows that some Bulgarian municipalities have scored excellent financial results,..

published on 8/8/17 12:31 PM
Emil Karanikolov

New economic zones: strong interest from investors

Last week Minister of Economy Emil Karanikolov presented the economic priorities laid out in the government program endorsed on Wednesday and pointed out that the government would focus on measures to cut bureaucracy for both businesses and citizens. In..

published on 8/8/17 9:00 AM

Energy sector hit by its own “heat wave”

It may be high season, yet people in power generation are apparently hard at work, and every day the public gets to learn something new about the problems, the plans and the future of this strategic sector of the Bulgarian economy. A few..

published on 8/7/17 12:19 PM

Serious, keener investor interest towards Bulgaria: Stamen Yanev

In an interview for the Bulgarian National Radio, the CEO of InvestBulgaria Agency Stamen Yanev reported more serious and keener investor interest towards Bulgaria recently. Yanev explained that InvestBulgaria Agency had completed and certified..

published on 8/5/17 12:10 PM

Small business needs less bureaucracy

Fledgling businesses and businesses that have been functioning for over one year cannot be put on a similar basis, Chairman of the Association Professional Forum for Education Yurij Andjekarski told Horizont channel of the Bulgarian National Radio:..

published on 8/4/17 11:07 AM

Premier Boyko Borissov unveils factory for manufacture of car parts in Pazardzhik

Bulgaria’s Premier Boyko Borissov, Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva and that country’s former President Rossen Plevneliev (2012-2017) unveiled in the town of Pazardzhik a factory for manufacture of car parts. Premier Borissov..

published on 8/1/17 3:09 PM