Business

Economic Update: EU Inflation Holds Steady, Bulgaria Sees Decrease

In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU

Business » Finance | 2 hours ago | Viewed: 404

End of an Era: Simeonovo Lift on Vitosha Mountain in Sofia Ceases Operations Forever

The Simeonovo lift, located on Vitosha Mountain, has ceased operations permanently due to unavailability of necessary parts

Business » Tourism | 3 hours ago | Viewed: 843

Bulgaria Lags Behind in E-Business Software Adoption Across EU

In 2023, the adoption of electronic business applications among enterprises in the EU varied considerably based on their size

Business | 4 hours ago | Viewed: 420

Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts

During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million

Business » Energy | May 16, 2024, Thursday // 12:28 | Viewed: 1841

Financial Expert's Projections: If Inflation Continues to Fall Bulgaria Can Adopt the Euro in 2025

Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026

Business » Finance | May 16, 2024, Thursday // 12:03 | Viewed: 1479

Unconfirmed: Ukrainian Army Halts Russian Offensive in Kharkiv

According to AFP, the Ukrainian army has declared a halt to the Russian offensive in certain areas of the northeastern Kharkiv region

Business | May 16, 2024, Thursday // 11:22 | Viewed: 1028

BNB: Bulgaria Must Join the Eurozone As Soon As Possible To Avoid the Losses of Billions

This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia

Business » Finance | May 16, 2024, Thursday // 10:21 | Viewed: 2049

Former Finance Minister: Bulgaria Can Enter the Eurozone in 2026 at the Earliest

Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026

Business » Finance | May 16, 2024, Thursday // 09:45 | Viewed: 1315

Bulgaria's GDP Shows Modest Growth in Early 2024

In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year

Business » Finance | May 15, 2024, Wednesday // 18:00 | Viewed: 1647

Bulgaria Ranks Among Top Three in Europe for Sheep Farming Subsidies

Bulgaria ranks among the top three countries in Europe in terms of financial support for sheep farming, yet the sector struggles due to outdated farming practices

Business » Industry | May 15, 2024, Wednesday // 15:00 | Viewed: 1703

Bulgarian Banker: No One Enters the Eurozone in the Middle of the Year

According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year

Business » Finance | May 15, 2024, Wednesday // 13:12 | Viewed: 3319

French President Macron Recommends Varna as a Must-Visit Destination

French President Emmanuel Macron has designated Varna as one of his favored travel destination

Business » Tourism | May 15, 2024, Wednesday // 11:13 | Viewed: 1942

Wizz Air Introduces New Varna to London Gatwick Route

"Wizz Air" has unveiled a fresh route from Varna to London Gatwick Airport, marking an expansion in its flight offerings

Business » Tourism | May 15, 2024, Wednesday // 10:46 | Viewed: 2049

Proposed Price Adjustments: Heating Costs in Sofia May See Significant Reduction

"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st

Business » Energy | May 15, 2024, Wednesday // 10:05 | Viewed: 1214

Bulgaria Will Not Fulfill the Criteria for the Euro by the June Report

According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June

Business » Finance | May 14, 2024, Tuesday // 11:57 | Viewed: 6333

Bulgarian National Bank Initiates Trial Minting of 8 Million Euro Coins

The Bulgarian National Bank (BNB) has initiated a trial minting process for 8 million euro coins, as announced by BNB Governor Dimitar Radev during a conference on the euro's introduction

Business » Finance | May 14, 2024, Tuesday // 10:31 | Viewed: 3047

Pristine Bulgarian Coastline: 23 Beaches Receive 'Blue Flag' Honors

The "Blue Flag" program's international jury has recognized the excellence of 23 Bulgarian beaches and the Marina "Dinevi" by awarding them with the prestigious certificate

Business » Tourism | May 13, 2024, Monday // 16:27 | Viewed: 2161

Grand Reopening: Central Halls in Sofia Set to Welcome Visitors

The Central Halls in Sofia (Tsentralni Hali) are set to reopen on May 23 following extensive renovations and restoration efforts led by Kaufland Bulgaria

Business | May 13, 2024, Monday // 14:34 | Viewed: 2099

Bulgaria's Seaside Struggle: Shortage of Lifeguards and Medics Threatens Summer Season

The seaside resorts of Bulgaria are facing an urgent shortage of lifeguards and medical personnel, exacerbated by new regulations mandating a higher presence of medical specialists at rescue stations

Business » Tourism | May 12, 2024, Sunday // 09:48 | Viewed: 2312

Projections Show 9.3% Salary Rise for Bulgarian Workers in 2024

The Ministry of Finance anticipates a 9.3% increase in wages for Bulgarian businesses this year, as outlined in the latest Convergent Program of Bulgaria

Business | May 12, 2024, Sunday // 09:38 | Viewed: 2107

Decoding Bulgarian E-commerce: Consumer Behavior and Market Dynamics

Social media platforms are currently the primary catalyst for e-commerce, with the engaging content created by marketers and modern methods of consumer interaction being pivotal factors for successful online trade worldwide

Business | May 11, 2024, Saturday // 12:22 | Viewed: 2729
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