Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
The modern retail outlets in Bulgaria continue to increase their market share, on the account of the small independent stores, shows a GfK survey, quoted by Dnevnik.bg.
In 2007 the modern retail outlets, such as super- and hypermarkets, held 42% of the FMCG sales, while in 2011 their share reached 55%.
According to the same survey, the top 5 largest FMCG retailers in Bulgaria are Kaufland, Billa, CBA, Lidl and Penny.
In Bulgaria discounts and promotions account for only 10% of the sales, while for comparison in the Czech Republic it is 49% and in Hungary – 28%.
The GfK survey shows that the consumer confidence in Bulgaria is recovering slowly and currently has almost reached its pre-crisis levels. At the same time, however, the consumer outlook in Bulgaria, compared to the rest of Europe remains negative and 82% of the people don't expect to improve their financial status in the next 12 months.
A considerable part of the household income in Bulgaria is spent on food – 45%. Seventeen percent are spent on utilities and home repairs and 14% - on transport and communications. The situation is similar to that of Romania, Serbia and Russia.
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The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
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
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
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022