We no longer offer the cheapest labor in the EU. With the increase in incomes, we have overtaken Hungary and Bulgaria is now second to last, Prime Minister Nikolai Denkov said at a Facebook briefing. The only thing that stops us for the Eurozone is the..
According to data of the Bulgarian National Bank, foreign direct investments in the country exceeded EUR 3.5 billion in 2023, Minister of Innovation and Growth Milena Stoycheva said today in Varna, quoted by BTA. The Ministry of Innovation and..
A trade mission with bilateral meetings between Bulgarian importers, traders and distributors with Turkish manufacturers will be held in Antalya, Turkey, in the period 4 - 7 February 2024. The initiative is the Bulgarian Chamber of Commerce and..
After Bulgaria joins the Schengen area and the Eurozone we expect the GDP to go up by 5% in the first 1-2 years, said Minister of Economy Bogdan Bogdanov for public service TV BNT. He pointed out that the most important mission for 2024..
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..
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..
In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing. State enterprises can no longer..
Plovdiv, Burgas, Varna and Sofia are among the top 30 of 150 European cities in terms of real estate affordability, Dobromir Ganev of the National Real Estate Association told Radio Sofia. Bulgaria is the most affordable property investment..
The Bulgarian National Bank today issued a set of four gold commemorative coins with the theme "St. Mary - Golden Apple" in different denominations. Until January 4, each customer can buy a maximum of 2 coins of each denomination, after which the coins..
Preliminary data on the implementation of the budget show that the deficit will be lower than planned, Bulgaria’s Minister of Finance Ass en Vassilev said in parliament. "I expect the deficit to be 2.5%, not 3%. This will leave EUR 500..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain...
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
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