Business

Eurozone Entry for Bulgaria Faces Challenges Amid Government Uncertainty

Concerns loom over Bulgaria's potential entry into the eurozone as the nation grapples with political instability in the months ahead

Business » Finance | April 4, 2024, Thursday // 09:00 | Viewed: 3633

Escaping the Stigma: Bulgaria's Bid to Shed Its 'Poorest' EU Status

Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence

Business » Finance | April 3, 2024, Wednesday // 16:10 | Viewed: 4839

Stability in Bulgaria's Unemployment Rate Amid Consistent Figures Across the EU

Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %

Business » Finance | April 3, 2024, Wednesday // 15:44 | Viewed: 3261

Change of Gates for Domestic Flights of 'Bulgaria Air' at Sofia Airport

As a result of the accession of Bulgaria to the Schengen area from the end of March 2024, a change is also required at Sofia airport regarding the exit used by passengers for domestic routes in the country operated by the national carrier

Business » Tourism | April 3, 2024, Wednesday // 11:32 | Viewed: 3367

Bulgaria's Ministry of Finance Forecasts Halved Inflation Rates for 2024

The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates

Business » Finance | April 2, 2024, Tuesday // 16:17 | Viewed: 2969

Bulgaria's Housing Market Surges as Banks Inject Billions in Credit

Bulgarian banks have injected approximately 3.7 billion in additional credit resources into the housing market over the past year alone, with a staggering total of over 8 billion in the last three year

Business » Finance | April 2, 2024, Tuesday // 13:38 | Viewed: 5796

High Marks for Bulgaria and NRA from The OECD Global Forum

In an important stride towards global transparency and cooperation in tax matters, Bulgaria has received a laudable rating of Largely Compliant from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (GFTEITP)

Business » Finance | April 1, 2024, Monday // 15:43 | Viewed: 3619

Bulgarian Economists: No EU Country Has Entered The Eurozone With Minimum Wage Below 500 Euros!

As Bulgaria grapples with economic challenges, economists highlight the country's lagging position in the European Union, particularly in terms of purchasing power

Business » Finance | April 1, 2024, Monday // 15:38 | Viewed: 4326

Bulgaria's Path to Eurozone Entry: Finance Minister Asserts Caretaker Government's Role

Bulgaria's Finance Minister, Assen Vassilev, asserts that Bulgaria can attain Eurozone membership by 2025, with the caretaker government capable of steering the nation towards this goal

Business » Finance | April 1, 2024, Monday // 10:28 | Viewed: 3668

Schengen Launch at Burgas Airport: Revolutionizing Travel Efficiency

A landmark moment unfolds at Burgas Airport as the first Schengen flight touches down, signaling a new era of travel efficiency and convenience for passengers

Business » Tourism | April 1, 2024, Monday // 09:34 | Viewed: 2600

Israeli Army Mourns Loss of 600 Soldiers Since October 7, 2023

Thr Israeli army announced the death of yet another soldier in the ongoing conflict in the Gaza Strip, bringing the somber tally to 600 lives lost since October 7, 2023

Business | April 1, 2024, Monday // 09:06 | Viewed: 2805

Bulgaria’s Business Climate: Retail and Services Thrive, Industry and Construction Struggle

According to the National Statistical Institute, the overall business climate indicator in March 2024 remains stable compared to February, hovering around 23%

Business | March 29, 2024, Friday // 15:19 | Viewed: 1935

Ready for Takeoff: Burgas Airport's Summer Flight Schedule Unveiled

The concessionaire company Fraport Twin Star Airport Management announced that Burgas Airport will kick off the active flight season with its first flight since Bulgaria's entry into the Schengen area by air, scheduled for the end of March.

Business » Tourism | March 29, 2024, Friday // 14:52 | Viewed: 4167

Bulgaria Nears Eurozone Entry If Inflation Criterion Met, Says Finance Minister

During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion

Business » Finance | March 29, 2024, Friday // 14:24 | Viewed: 2746

Major Partnership: "Bulgarian Railways" and "Deutsche Bahn" Seal Agreement for 76 Upgraded Wagons

"Bulgarian Railways" (BDZ-Passenger Services EOOD) has inked a contract with Deutsche Bahn for the supply of 76 state-of-the-art passenger wagons

Business » Tourism | March 29, 2024, Friday // 14:09 | Viewed: 3633

Carrefour Returns to Sofia: French Retail Giant Opens Two Supermarkets in the Bulgarian Capital

After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia

Business | March 29, 2024, Friday // 09:56 | Viewed: 5871

Up To BGN 5,000 Fine For Incorrect Conversion And Rounding Of Prices From BGN To EUR

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

Business » Finance | March 28, 2024, Thursday // 12:42 | Viewed: 3214

Rounded Prices in Euros to Hit Bulgarians' Pockets after Eurozone Entry

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

Business » Finance | March 27, 2024, Wednesday // 17:10 | Viewed: 7845

Bulgaria's E-commerce Set to Contribute 2.11% of GDP in 2023

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

Business » Finance | March 27, 2024, Wednesday // 15:23 | Viewed: 3363

Bulgarian Airlines Association Explores Sofia Airport's Transit Hub Potential

Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights

Business » Tourism | March 27, 2024, Wednesday // 14:04 | Viewed: 2354

Pegasus Airlines Resumes Scheduled Flights Between Sofia and Istanbul

Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey

Business » Tourism | March 27, 2024, Wednesday // 13:43 | Viewed: 3257
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