Business

Survey: 84% Of Bulgarians Rely Solely On Wages Or Pensions And Do Not Save Or Invest

In a comprehensive survey conducted by the Trend Research Centre between December 1 and 7, 2023, shedding light on the financial dynamics of Bulgarians, an astonishing 84% of respondents acknowledged relying exclusively on income derived from employment a

Business » Finance | January 11, 2024, Thursday // 18:37 | Viewed: 2865

Concerning: Bulgaria Transforms Into Net Importer Of Electricity Amidst Rising Consumption

As a consequence of the recent cold spell gripping Bulgaria, the nation experienced a notable shift in its energy dynamics, emerging as a net importer of electricity on January 9

Business » Energy | January 11, 2024, Thursday // 15:30 | Viewed: 4495

GERB Nominates Desislava Atanasova for Constitutional Judge

Desislava Atanasova, chairperson of the GERB-SDS parliamentary group, has been nominated for the position of constitutional judge, as announced by GERB leader Boyko Borissov during a parliamentary session

Business | January 11, 2024, Thursday // 13:36 | Viewed: 2153

Countdown to Eurozone: Bulgaria's Campaign Gears Up

Bulgaria is gearing up for an extensive national campaign to usher in its entry into the Eurozone on January 1, 2025

Business » Finance | January 11, 2024, Thursday // 10:55 | Viewed: 5911

Bulgaria Takes Aim at Unfair Gas Agreement with Turkey, Urges Renegotiation for Better Terms

In a bold move, Prime Minister Nikolai Denkov of Bulgaria has revealed the country's intention to renegotiate the terms of a 13-year gas agreement with Turkey’s Botas

Business » Energy | January 11, 2024, Thursday // 09:06 | Viewed: 2514

Analyst Warns of Potential Speculative Property Price Surge in Bulgaria Amid Eurozone Entry

Petar Mastikov, Chief Analyst at the Bulgarian National Registry for New Constructions and Reconstructions, has sounded a cautionary note, expressing concerns over a possible speculative surge in property prices across Bulgaria once the country enters the

Business » Properties | January 11, 2024, Thursday // 08:56 | Viewed: 4520

Surge in Fast Credit Usage: 23% of Bulgarians Seek Quick Loans in 2023

The percentage of Bulgarians resorting to fast credit services has surged to 23% in 2023 from 15% in the previous year, as per findings from a nationwide study conducted by the Kantar consulting firm

Business » Finance | January 10, 2024, Wednesday // 18:30 | Viewed: 2608

Bulgarian Finance Minister Denies Correlation Between Tax Checks on Austrian Companies and Vienna's Schengen Rejection

The Finance Minister, Assen Vassilev, refuted any connection between ongoing tax inspections at numerous Austrian companies and Austria's recent rejection of Bulgaria's Schengen accession

Business » Finance | January 10, 2024, Wednesday // 18:00 | Viewed: 3731

Smooth Travel Ahead: Bulgarian Airports Prepped for Schengen Entry

Bulgaria's major airports, including Sofia, Varna, Burgas, and Plovdiv, have confirmed their readiness for Bulgaria's upcoming inclusion in the Schengen area by air, slated for March 31

Business » Tourism | January 10, 2024, Wednesday // 08:49 | Viewed: 5441

Deciphering the Dynamics: Fundamental Factors That Weave the Currency Relationship between USD and GBP

The Pound/Dollar (GBPUSD) forecast for 2024, as projected by PandaForecast, paints a positive picture for the currency pair.

Business » Finance | January 9, 2024, Tuesday // 17:00 | Viewed: 2733

Bulgarian Businesses Grapple with 12% Surge in Electricity Prices

Electricity costs for Bulgarian businesses soared by approximately 12% as Monday's trading on the Independent Bulgarian Energy Exchange (IBEX) closed, setting the stage for a steeper bill on Tuesday, January 9

Business » Energy | January 8, 2024, Monday // 16:47 | Viewed: 2732

Top 5 Destinations That You Must Visit In 2024

Wizz Air, Europe's fastest growing airline and the world's most environmentally sustainable*, presents its top 5 holiday destinations in 2024, offering its passengers an incredible and affordable opportunity to explore the world and create unforgettable m

Business » Tourism | January 8, 2024, Monday // 14:23 | Viewed: 3534

Europe's Top Campsite Revealed

camping.info Award 2024: Europe's top campsite is located in Germany

Business » Tourism | January 8, 2024, Monday // 14:18 | Viewed: 3465

Bulgaria: Retail Turnover Sees 3.2% Year-On-Year Increase in November

The latest data from the National Statistical Institute reveals a positive upswing in Bulgaria's retail sector for November 2023. Retail turnover experienced a 0.5% increase from the previous month and a substantial 3.2% rise compared to the same period l

Business » Industry | January 8, 2024, Monday // 13:02 | Viewed: 2172

Romanians and Bulgarians Lead EU's December Tourist Rush

The latest Eurostat data for December 2022 unveils an intriguing trend in European travel, with Romanians and Bulgarians emerging as frontrunners in tourist trips within the European Union during the year's final month

Business » Tourism | January 8, 2024, Monday // 08:57 | Viewed: 4744

Bulgaria's Wholesale Food Prices Witness a Dip of 0.27% Over Two Weeks

The State Commission for Commodity Exchanges and Wholesale Markets in Bulgaria has reported a noteworthy 0.27% decline in the wholesale food price index over a span of two weeks, settling at 2.246 points compared to the pre-holiday figure of 2.252 points

Business » Industry | January 7, 2024, Sunday // 12:07 | Viewed: 2663

Bulgaria's Agriculture Minister Raises Concerns Over Ukrainian Poultry Imports

Bulgarian Agriculture Minister Kiril Vatev has recently addressed growing concerns regarding imported food products, shedding light on a new regulation aimed at controlling high-risk goods' movement within the country

Business » Industry | January 5, 2024, Friday // 16:10 | Viewed: 2939

UN Report: Bulgaria's GDP Set to Reach 3% Growth in 2025 Amid Global Economic Challenges

The latest World Economic Situation and Prospects report from the United Nations Department of Economic and Social Affairs (UN DESA) sheds light on Bulgaria's economic trajectory, painting a cautiously optimistic outlook amid global uncertainties

Business » Finance | January 5, 2024, Friday // 15:15 | Viewed: 3453

Bulgaria: Thermal Power Plant 'Bobov Dol' Halts Operations Due to Low Electricity Prices

The Thermal Power Plant "Bobov Dol" announced a temporary cessation of its operations, primarily attributed to the prevailing low electricity prices on the power exchange, as stated by the Executive Director, Eng. Lyubomir Spasov on January 4

Business » Energy | January 4, 2024, Thursday // 16:37 | Viewed: 3567

Bulgaria Urges Tighter Controls on Sunflower Exports in Talks with Ukraine

Bulgarian Agriculture Minister Kiril Vatev engaged in an online discussion with Ukrainian counterpart Mykola Solsky, focusing on violations in the export licensing system for key crops like sunflower, rapeseed, maize, and wheat

Business » Industry | January 4, 2024, Thursday // 16:35 | Viewed: 3118

Textile Waste Crisis: Over 100,000 Tonnes Disposed Annually in Bulgaria

A staggering amount of over 100,000 tonnes of textiles is discarded annually in Bulgaria, a study reveals, spotlighting the nation's looming textile waste crisis

Business » Industry | January 4, 2024, Thursday // 13:32 | Viewed: 3401
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