In July 2020, consumer confidence rose by 3.3 percentage points compared to April, the National Statistical Institute has reported. The rise among the urban population is 2.7 points, while for the people living in the villages - 4.5 points.
Consumers see some positive changes in the development of the general economic situation in the past 12 months. The expectations of the people living in the villages are that the trend would continue in the next 12 months, while the urban population is more reserved. Expectations of the respondents for revenue growth have decreased by 1.8 points.
Consumers believe that there is a slight decrease in prices and have low inflation expectations. Fears of rising unemployment rose by 10.9 points.
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
A student protest titled "Education is a Right, Not a Privilege!" will take place at 6:00 PM on July 9 in front of the Rectorate building of the Sofia University '' St. Kliment Ohridski'' . The protest is in response to the increased tuition fees..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
+359 2 9336 661