Co-chairman of "We Continue the Change" party and former Minister of Finance, Assen Vassilev, said that there were two errors in the draft budget for 2023 presented by the caretaker government. In a video on his Facebook page,..
"Bulgaria needs to defend an active position regarding the EU fiscal rules reform which appear s to be gaining momentum. As a country with one of the best debt-to-GDP ratios, it should receive support a nd not be penalized, if within one year the..
Representatives of foreign businesses in Bulgaria can now directly contact the Minister of Economy , Nikola Stoyanov and ask about issues that concern them, the Ministry of Economy announced. On the initiative of the Minister, a..
In the year (2022) when Russia invaded Ukraine, the defending country became the second most important destination for Bulgarian exports outside the EU, replacing traditional trade partners such as Serbia and the United States, data of the..
Bulgaria's GDP growth will continue to slow down at the beginning of 2023 and will slightly decrease in the second quarter of the year , the Bulgarian National Bank (BNB) forecasts. "This will be driven by the projected decline in the economy's..
According to data of the National Statistical Institute, 30% of retailers in Bulgaria expect that prices in this country will continue to rise in the next three months, even though the prices of essentials such as eggs, vegetables and..
The Bulgarian National Bank raised the base interest rate by 0.35% to 2.17%. The new base interest rate is effective as of March 1. In February the base rate was at 1.82%. The interest rate increase comes against the backdrop of increasing interest..
In 2022, solar power generation increased by 30% year-on-year, the Director of the Electricity System Operator Angelin Tsachev announced at a conference dedicated to the decarbonisation of Bulgaria’s economy. Angelin Tsachev predicted that in 2023..
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..
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..
