Professor Emilia Chengelova: One in four Bulgarians is employed in gray economy

Between 25% and 30% of all Bulgarians work in the gray economy, a survey of the Bulgarian Academy of Sciences shows. According to the Bulgarian scientists, there are more prerequisites for implementation of gray practices in a less..

published on 4/23/19 1:29 PM

Politicization of energy projects causes problems in the sector

It is high time that politicization of projects in the energy field was reduced – energy experts from Bulgaria, Turkey, Serbia and Russia agreed at a discussion on the development of the gas projects in the Balkans held in Sofia...

published on 4/22/19 1:53 PM

Optimistic forecast for the economy, education retains key role

Expectations of an economic crisis in the coming two years are unfounded. A growth of the economy, though slower, is registered in Bulgaria, as well as in Europe and the US. But even if there were to be another crisis it would open up..

published on 4/19/19 12:25 PM
Danube Bridge 2 - between Vidin and Kalafat

Bulgaria and Romania to build third bridge over Danube

Bulgaria and Romania will turn the first sod of the third bridge over the Danube, Bulgaria’s Premier Boyko Borissov announced. The bridge will connect the Bulgarian town of Svishtov and the Romanian town of Zimnicea. This option was chosen..

published on 4/17/19 1:40 PM

NATURA 2000 creates the conditions needed to run a successful business

Years ago, when the European Ecological Network NATURA 2000 was put in place, some people in Bulgaria, including politicians considered it more of an obstacle than a challenge leading to successful development. Despite the scepticism,..

published on 4/16/19 1:29 PM

Innovative building in Sofia helps business adapt easier and quicker to IT infrastructure

The global company Equinix opened its second data center in Sofia. The investment is to the tune of USD 19 million. Its purpose is to help business adapt easier and quicker to the IT infrastructure. The building will use 100% green energy like the..

published on 4/14/19 10:10 AM

Bulgarian cabinet adopts measures to increase quality of oil-yielding rose

The Bulgarian cabinet approved a project for adoption of a new Oil-Yielding Act. The act will ensure uniform national regulation for manufacture and procession of oil-yielding rose that would guarantee the quality of the Bulgarian rose..

published on 4/13/19 8:00 AM

Bulgarian haulers face two-pronged challenge

The future of the companies from the Bulgarian auto transport sector does not seem bright at all. The Bulgarian haulers were hit painfully twice which boosted their disappointment with the EU authorities. Couple of weeks ago the Bulgarian..

published on 4/8/19 2:11 PM

Bulgarians subsist on lowest incomes in EU

The European Trade Union Institute published a comparative report on labour in the EU in 2018, the focus being on salaries over the past 10 years. As seen in the report, Bulgaria holds the record in real average wage growth for the..

published on 4/5/19 1:06 PM

Bulgaria’s economy experiences shortage of labor, employers look to hire pensioners and foreigners

Bulgaria’s economy is constantly growing and despite the increase of exports, local consumption and investments it is experiencing huge deficit of workforce. In 2018 the GDP growth reached 3.1% and one year earlier it was to the tune of 3.6%...

published on 3/26/19 1:30 PM