Bulgaria's Economy Grows by 1.8% in 2023
The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023
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Retirement pensions in Bulgaria will increase by BGN 9 on average effective July 1.
The information was reported by the Director of the country's National Social Security Institute (NOI), Biser Petkov, in an interview for Trud (Labor) daily.
The 3% increase has been slated in the State budget. Petkov explained that deflation registered for several months by the National Statistics Institute (NSI) would not lead to a reduction of the planned increase.
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In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
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