Business » Finance

ECB Calls for Revisions to Bulgarian Euro Adoption Law: Compliance Concerns Surface

The European Central Bank (ECB) has weighed in on Bulgaria's draft Law on the adoption of the euro, signaling the need for revisions to ensure alignment with European regulations

Business » Finance | 1 hour ago | Viewed: 245

Misinformation Surrounding Croatia's Inflation Stirs Eurozone Concerns in Bulgaria

A wave of misinformation regarding Croatia's inflation rates has sparked concerns about the potential consequences of adopting the euro in Bulgaria

Business » Finance | May 7, 2024, Tuesday // 15:38 | Viewed: 1861

Bulgaria Trailing behind in AI Development despite EU Financial Backing

Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments.

Business » Finance | May 4, 2024, Saturday // 07:19 | Viewed: 1000

Time's Up: Last Call for Tax Returns in Bulgaria

As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns

Business » Finance | April 30, 2024, Tuesday // 11:02 | Viewed: 2552

Bulgaria's External Debt Reaches €44.4 Billion: National Bank Report

Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024

Business » Finance | April 29, 2024, Monday // 16:03 | Viewed: 2015

Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook

Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook

Business » Finance | April 27, 2024, Saturday // 11:35 | Viewed: 3555

Bulgaria's Poverty Reality: One-Fifth Below the Line in 2023

The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households

Business » Finance | April 26, 2024, Friday // 15:42 | Viewed: 2403

Bulgaria's Euro Adoption Likely Postponed: Entry Date Shifts to Second Half of 2025

Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025

Business » Finance | April 25, 2024, Thursday // 12:13 | Viewed: 5663

Bulgaria Sees Surge in Lamb Prices as Retail Costs Rise

The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10

Business » Finance | April 24, 2024, Wednesday // 12:54 | Viewed: 2985

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: 2066

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: 4133

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: 2084

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: 1841

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: 7164

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: 4597

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: 2406

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: 2573

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: 2892

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: 2046

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: 2906

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: 2949
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