At an extraordinary meeting, the government has approved a package of laws that it sent to the National Assembly in relation to the adoption of the budget for 2024. Minister of Finance Assen Vassilev expects inflation to be..
On 1 November, the Bulgarian National Bank is raising the base rate for the national currency – Lev – to 3.79 %. The base rate in October was 3.64%, and in September 3.53%. Interest rates have been going up since the end of September 2022 when..
In recent months, wheat for bread has been exported from Bulgaria to the Far East and North Africa, announced Preslav Borisov from the management of the Bulgarian Farmers' Union. There are buyers in Thailand, Egypt, Jordan, and other countries...
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook. Bulgaria's ratings are supported by its strong external and public balance sheets versus 'BBB' peers and credible..
The price of natural gas will increase by about 20% in November , according to estimates by state-owned supplier Bulgargaz. This is twice as much as the 11% increase announced at the beginning of October. Russian gas transit fee affects only Gazprom,..
Fourteen Bulgarian companies find a place among the 100 largest companies in Southeast Europe in this year's TOP 100 ranking of the economic news and analysis agency SeeNews , cited by bTV. For comparison, in last year's edition, 12 Bulgarian companies..
Bulgaria's debt for 2022 is 19.35 billion euros, or 22.6% of GDP, according to final data from the National Statistical Institute. The institutional sector "General government" reports a budget deficit of BGN -2.05 billion euros or -2.9% of GDP.
The financial performance of the additional, obligatory and voluntary pension funds is mostly negative for the past two years, over the period from 30 September, 2021 until 29 September 2023, the Financial Supervision Commission had..
The increased pressure of the Bulgarian government on the Russian companies operating in Bulgaria has caused Lukoil to start a procedure for the sale of its Burgas-based oil refinery , Bulgarian Finance Minister Assen Vassilev told the Financial Times...
Traditional Bulgarian products and tourism opportunities in Bulgaria will be presented at an international fair in Kashiwa , Tokyo, on 15 October. Bulgaria is participating in the fair for the second year with its own stand, the Embassy of Japan..
The record high temperatures sweeping across Bulgaria seem to bode well for Bulgaria tourism, with weekend bookings – in Bulgaria’s mountains or villages..
"In a world that is already growing apart, holding hands becomes a silent prayer - a way to come together again". So begins the description of the..
The days preceding the Orthodox Easter are brightened with smiles and cheerful atmosphere around the world. Students from several Sunday schools..
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