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..
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..
“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..
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..
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..
"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 ...
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..
