Business

Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List

In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists

Business » Tourism | 2 hours ago | Viewed: 698

Bulgarian Household Incomes Offset by Inflation in 2023

According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.

Business » Finance | 4 hours ago | Viewed: 412

Report Shows Bulgarians Have Doubled Their Wealth in a Decade

The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022

Business » Finance | 5 hours ago | Viewed: 534

Ex-Economy Minister: Bulgaria Unlikely to Enter Eurozone in Early 2025

In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025

Business » Finance | 7 hours ago | Viewed: 731

Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May

In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May

Business » Energy | 8 hours ago | Viewed: 548

Bulgarian National Bank Chief Targets 2025 Eurozone Access

The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)

Business » Finance | April 18, 2024, Thursday // 09:00 | Viewed: 512

Former Interior Ministry Chief Implicated in Alleged Criminal Network: Bulgaria's Latest Political Storm

In a latest twist to the unfolding saga of political intrigue, the Sofia City Prosecutor's Office has announced charges against former Interior Ministry Secretary General Zhivko Kotsev, implicating him in an alleged criminal group

Business | April 18, 2024, Thursday // 08:40 | Viewed: 527

Banking and Government Leaders Rally for Bulgaria's Eurozone Entry

Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards

Business » Finance | April 17, 2024, Wednesday // 15:23 | Viewed: 1823

Record Winter Tourism Numbers Reported in Bansko

Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season

Business » Tourism | April 17, 2024, Wednesday // 10:48 | Viewed: 1697

IMF Director Urges Bulgaria Not to Miss Euro Adoption Chance

In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will

Business » Finance | April 16, 2024, Tuesday // 17:01 | Viewed: 2220

BNB: Bulgaria's GDP to Rise by 2.2% in 2024, with Average Annual Inflation at 3%

In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023

Business » Finance | April 16, 2024, Tuesday // 16:35 | Viewed: 1868

Insights into Bulgaria's Banknote Circulation Trends Before Eurozone Entry

As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape

Business » Finance | April 16, 2024, Tuesday // 15:19 | Viewed: 2255

Bulgarian Industry Leader Sounds Alarm: EU Economy Falls Behind

Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts

Business | April 15, 2024, Monday // 17:50 | Viewed: 3018

Germany Emerges as Top Destination for Bulgarian Tourists

Recent data from the German Tourist Board show a discernible trend, indicating an increased interest among Bulgarians in visiting Germany

Business » Tourism | April 15, 2024, Monday // 15:36 | Viewed: 1849

Bulgaria's Inflation Slows to 3% in March, Marking Lowest Rate Since July 2021

In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%

Business » Finance | April 15, 2024, Monday // 12:34 | Viewed: 2188

Bulgaria's Road to Eurozone Stalled: Political Crisis Inflicts Billion-Lev Blow

As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident

Business » Finance | April 15, 2024, Monday // 09:04 | Viewed: 4573

World Bank Warns: Bulgaria's Eurozone Accession at Risk!

Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank

Business » Finance | April 13, 2024, Saturday // 16:43 | Viewed: 4913

Robert De Niro Opens Two Hotels in Bulgaria

Renowned actor and co-founder of Nobu Hospitality, Robert De Niro, is set to make waves in Bulgaria's hospitality scene with the opening of two luxury hotels under the Nobu brand

Business | April 13, 2024, Saturday // 16:36 | Viewed: 8479

Bulgaria's Balchik Airport Welcomes Over 20 Planes from Romania to Mark Schengen Entry

In a momentous occasion marking the entry of Bulgaria and Romania into the Schengen area by air and sea, Balchik Airport is set to witness a remarkable gathering of more than 20 planes from Romania

Business » Tourism | April 13, 2024, Saturday // 09:10 | Viewed: 7397

Most Bulgarians Living Abroad Invest in Property Purchases in Their Homeland

Many Bulgarians living and working abroad are actively purchasing properties in their homeland

Business » Finance | April 12, 2024, Friday // 16:38 | Viewed: 3527

European Commission Partners with Bulgaria to Promote Euro Adoption

In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro

Business » Finance | April 12, 2024, Friday // 15:15 | Viewed: 3813
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