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Balkan developments

Earthquake diplomacy warms Turkiye‘s ties with Greece and Armenia Greek foreign minister Nikos Dendias has visited the earthquake-stricken areas of Turkiye, accompanied by his Turkish counterpart, Mevlut Cavusoglu. Nikos Dendias‘ visit was..

17.02.23 15:07 |

Rising prices, speculation and impoverishment affect debate on euro adoption in Bulgaria

The more people talk about adoption of the euro in Bulgaria, the more people seem to fear that the single European currency could lead to even higher prices in stores. In order to shed light on the issues and facts that concern..

14.02.23 15:30 |
President Rumen Radev

Bulgarian President reports real growth in industrial production

Bulgaria has become a factor in the Balkans and Europe through partnerships that strengthen economic and energy security. They are in the interest of our neighboring countries, partners and allies in the EU and NATO, said Bulgarian President Rumen..

07.02.23 10:49 |

Unemployment in Bulgaria keeps shrinking but business faces personnel shortage

“The moment you become very good at something, the high incomes will inevitably come. The world needs all kinds of people who can do a variety of things," a Bulgarian career development specialist says. However, it is important..

18.01.23 13:00 |

Just 11% of Bulgarians managed to save money in 2022

Just 11% of Bulgarians managed to save some money last year, according to a study by the "Trend" research center. 39 percent said they lived normally, but without being able to make any savings. 19% had to use money from their..

09.01.23 14:05 |

2022 - a good year for business and a bad one for people as inflation deepens inequalities

After two years of pandemic, we welcomed 2022 with the hope for life to return to normal, incomes to rise and society to be back on track. Until, in February, the world faced another crisis - only this time on the war front. It dragged down..

29.12.22 07:05 |

Confederation of Employers and Industrialists in Bulgaria: Bulgaria's Schengen accession should not be delayed any further

"Bulgaria's accession in Schengen should not be delayed any further" , reads an open letter by the Confederation of Employers and Industrialists in Bulgaria (KRIB), addressed to the country’s President, government and National Assembly ...

22.11.22 17:50 |

Meeting of CEI foreign ministers takes place in Sofia

As a chair of the Central European Initiative (CEI), Bulgaria is hosting the Meeting of Foreign Ministers of member states of the initiative in 2022. The event takes place in Boyana Residence in Sofia. On November 7, the foreign..

07.11.22 08:00 |

Economist: Do not pump money from the budget into the economy

“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should..

26.10.22 16:53 |

Insufficient investments and inertial budgets are plaguing Bulgaria’s economy

Different professional groups in Bulgaria have been organizing protests with one sole demand – higher pay. The rise in the prices of electricity and heating, and in food prices has been a major challenge to family budgets. According to some..

25.10.22 12:36 |
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