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Minister of Economy is optimistic about growth and foreign investments

The forecast for 2% growth of the economy is being preserved, Minister of Economy and Industry Bogdan Bogdanov said in Varna. It is expected that the level of investment interest in Bulgaria will also be kept. Of course, we take..

16.02.24 13:26 |

Bulgarian Minister of Economy reports record rise in investments

Bulgaria reports the highest growth of foreign direct investments (FDI) for the past 12 years. This is what Minister of Economy Bogdan Bogdanov said at a meeting with Christophe Debus, chief financial officer of the German company Flix and Petar Bankov,..

22.01.24 16:23 |

Bulgarian economy is growing at a higher rate than EU average, but this is still not enough

The economic situation in Bulgaria calmed down at the end of 2023 after the uncertainty during the year, caused by the political situation and the lack of a budget until the end of July. This is what Lachezar Bogdanov, Chief Economist at the Institute..

08.01.24 15:51 |

As minimum wage rises, Bulgarians' hopes for better purchasing power grow

2024 has begun with many changes in the incomes of Bulgarian citizens.  The minimum wage is now EUR 477.04, an increase of 19.6% or EUR 78.23 compared to last year. The minimum hourly wage is 2.85 EUR. The minimum selected monthly social security income..

08.01.24 13:31 |

Investments from the USA in Bulgaria are higher than official figures

Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years.  For a number of reasons, many global..

11.12.23 11:50 |

IT sector in Bulgaria sees growth in employees, attracts specialists from abroad

The software industry is the most socially responsible business sector in Bulgaria. It brings taxes and insurances that are three times higher than the average for the country, drives consumption in the economy, is a major investor in changing the..

04.12.23 13:55 |

Government is working to increase investors' confidence in Bulgaria

The cabinet has a governance program until the end of 2024, Prime Minister Nikolai Denkov said at the "Government Meets the Business" forum. Denkov added that work was being done to launch delayed reforms in the spheres of justice,..

17.10.23 11:18 |

Bulgaria drops 20 places in economic freedom ranking

Economic freedom in Bulgaria continues to decrease, according to the latest published research of the Institute for Market Economics, conducted jointly with the Fraser Institute, based in Canada. In the Economic Freedom of the..

20.09.23 11:59 |

8.5% is the annual inflation for July

In July 2023, the monthly inflation as measured by the consumer price index was 0.9% compared to the previous month , as the annual inflation for July 2023 compared to July 2022 was 8.5%.  In July 2023, compared to the previous month, the..

16.08.23 16:08 |

Budget 2023 is provisional, economic policies for 2024 will be important.

The budget for 2023 comes into force late, we cannot expect miracles or anything extraordinary to happen in the next 5 months, Eurofound Executive Director Ivaylo Kalfin told BNR. "This budget is simply so that we have a budget to the end of the..

30.07.23 12:53 |
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