Business

Bulgaria's Tourism Sector Pushes for Extension of Work Visas from Third Countries

As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year

Business » Tourism | April 23, 2024, Tuesday // 11:57 | Viewed: 2670

65.3% of Bulgarian Workers Earn Below Subsistence Level

According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify

Business » Finance | April 23, 2024, Tuesday // 10:54 | Viewed: 1958

Expansion Underway: Sofia Airport Terminal 2 to Add 1000 New Parking Spaces

Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport

Business » Tourism | April 22, 2024, Monday // 17:00 | Viewed: 2457

Bulgaria's Nuclear Regulatory Agency Approves Westinghouse Nuclear Fuel for Kozloduy NPP

The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse

Business » Energy | April 22, 2024, Monday // 14:53 | Viewed: 1935

Bulgaria's Eurozone Entry Likely Delayed to 2026 Amid Disinformation and Economic Challenges

Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026

Business » Finance | April 22, 2024, Monday // 13:32 | Viewed: 4025

Doubled Costs: Vacationing by Bulgaria's Black Sea Surges in July and August

Vacationing at the seaside, whether in our country or abroad, is reasonably priced

Business » Tourism | April 22, 2024, Monday // 11:59 | Viewed: 2573

Rising Trend: Bulgarians Abroad Send Increasing Amounts of Money to Home Country

February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July

Business » Finance | April 22, 2024, Monday // 11:03 | Viewed: 2047

Bulgarian Farmers Brace for Early Harvest as Heatwave Accelerates Crop Ripening

In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening

Business » Industry | April 22, 2024, Monday // 10:19 | Viewed: 2070

Finance Minister Reveals: Bulgaria's Fiscal Reserve Stands at BGN 10.9 Billion

Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th

Business » Finance | April 22, 2024, Monday // 09:02 | Viewed: 1796

Bulgarian-Ukrainian Business Forum with Bilateral Meetings: April 25, 2024, Vasil Levski Hall, Hyatt Regency Sofia Hotel

The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry

Business | April 20, 2024, Saturday // 09:47 | Viewed: 2363

Home Sweet Home: The Reality of Housing in Bulgaria Revealed

New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.

Business » Properties | April 20, 2024, Saturday // 09:37 | Viewed: 5913

Surge in New Hotels, Restaurants, and Tech Startups in Bulgaria

The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate

Business | April 20, 2024, Saturday // 09:31 | Viewed: 3784

10-15% Higher Prices: Bulgarians and Foreigners Brace for Increased Travel Costs as Holiday Season Approaches

As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag

Business » Tourism | April 19, 2024, Friday // 14:01 | Viewed: 3683

Sofia Exceeds Average Income Levels in Europe

Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics

Business » Finance | April 19, 2024, Friday // 10:43 | Viewed: 7067

Bulgaria's Eurozone Entry Postponed: Central Bank Governor and Ex-Economy Minister Sound Alarm

Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges

Business » Finance | April 19, 2024, Friday // 08:10 | Viewed: 4545

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 | April 18, 2024, Thursday // 17:49 | Viewed: 6268

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 | April 18, 2024, Thursday // 15:08 | Viewed: 2357

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 | April 18, 2024, Thursday // 14:40 | Viewed: 2487

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 | April 18, 2024, Thursday // 12:15 | Viewed: 2848

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 | April 18, 2024, Thursday // 11:28 | Viewed: 2219

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: 2006
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