Business » Finance

Visiting a Bank Office in Bulgaria is getting More and More Expensive

Physical contact with bank employees related to cash operations is expected to become more and more expensive

Business » Finance | August 30, 2023, Wednesday // 16:07 | Viewed: 6290

Bulgaria: "Standard & Poor's" confirmed the Credit Rating of Sofia

The leading rating agency "Standard & Poor's" /S&P Global Ratings/ confirmed today the investment rating of Sofia Municipality of BBB with a stable outlook

Business » Finance | August 26, 2023, Saturday // 09:20 | Viewed: 5022

Bulgarian National Bank: Interest Rates on Housing Loans remain at around 2.5%

However, the cost of loans for current consumption is increasing by 1% for July compared to June

Business » Finance | August 26, 2023, Saturday // 09:08 | Viewed: 3129

Inflation in Bulgaria increased by 0.9% for the Month, the Annual Rate is 8.5%

The monthly inflation is 0.9%, and the annual inflation compared to July last year is 8.5%, according to the data of the National Statistical Institute

Business » Finance | August 16, 2023, Wednesday // 12:16 | Viewed: 3110

International Art Markets Embrace the Digital Yuan

In the dynamic context of our rapidly evolving global environment, the convergence of time-honored industries with state-of-the-art technologies has given rise to a myriad of inventive and forward-thinking solutions.

Business » Finance | August 15, 2023, Tuesday // 08:56 | Viewed: 2643

Bulgaria is in the Top 25 Countries with the Biggest Debt Slaves

With inflation driving up costs, global debts are nearing record highs at $305 trillion - around $45 trillion higher than pre-pandemic levels

Business » Finance | July 26, 2023, Wednesday // 11:46 | Viewed: 6527

Bulgarian Financier: If we Keep the Lev now, People will Line Up to Exchange their Money in Euros

Our economy is growing. Not as well as it could, but still growing. We have coped well with the post-Covid restrictions as well as the effects of the war in Ukraine

Business » Finance | July 25, 2023, Tuesday // 13:08 | Viewed: 5088

Here is what will be Depicted on the Bulgarian Euro Coins

The Governing Council of the Bulgarian National Bank has united around the idea of reproducing the design of the current exchange coins, which will ensure continuity in the monetary signs used and will facilitate the recognition of the new currency by Bul

Business » Finance | July 24, 2023, Monday // 14:39 | Viewed: 8665

Dimitar Radev will Head the Bulgarian National Bank for another 6 years

The Bulgarian Parliament voted and elected Dimitar Radev as Governor of the Bulgarian National Bank (BNB) with a mandate of 6 years

Business » Finance | July 18, 2023, Tuesday // 17:26 | Viewed: 3335

The Annual Inflation in Bulgaria falls below 10%

For June, inflation decreased to 8.7 percent compared to a year earlier and for the month a deflation of minus 0.4 percent was reported

Business » Finance | July 17, 2023, Monday // 14:21 | Viewed: 3409

A Plan for the Euro in Bulgaria: For a Month Payment in both Currencies, but the Change will be in Euros

By the end of the year, commercial banks will be technically ready to accept the euro, according to, Dimitar Radev, Governor of the Bulgarian National Bank

Business » Finance | July 13, 2023, Thursday // 17:15 | Viewed: 8926

Bulgaria: GERB and WCC-DB agreed on the General Framework of the 2023 Budget

GERB-SDS and WCC-DB reached an understanding on the general framework of the draft budget for 2023 at a meeting between Asen Vassilev and Kiril Petkov (WCC-DB) and Boyko Borissov (GERB-SDS) today in the room of GERB-SDS in the National Assembly

Business » Finance | July 12, 2023, Wednesday // 13:36 | Viewed: 3231

Bulgarian Businesses declared For the Direct Adoption of the Euro and Not its Parallel Introduction

Is it possible to introduce the euro in parallel to the lev? According to Bulgarian businesses, the best option is the fastest adoption of the European currency, rather than its prolonged parallel use

Business » Finance | July 3, 2023, Monday // 06:53 | Viewed: 4987

Bulgaria’s Finance Minister presented the Parameters of Budget 2023

It is calculated based on average annual inflation of 8.7% and economic growth of 1.8%

Business » Finance | June 28, 2023, Wednesday // 17:23 | Viewed: 2986

Bulgaria's Finance Minister is preparing a Budget that Meets the Criteria for Entering the Eurozone

The Ministry of Finance is preparing a draft budget in which the indicators fully meet the Maastricht criteria, that is, for entry into the Eurozone. For now, Bulgaria plans to do this in 2025

Business » Finance | June 20, 2023, Tuesday // 17:40 | Viewed: 3699

Deflation in Bulgaria for the First Time this year

For the first time in the last two years, the National Statistical Institute reported deflation

Business » Finance | June 14, 2023, Wednesday // 12:17 | Viewed: 6968

Growth in Bulgaria’s Gross Domestic Product

In the first quarter of 2023, the gross domestic product (GDP) grew by 2.3% compared to the first quarter of 2022 and by 0.5% compared to the fourth quarter of 2022 according to seasonally adjusted data

Business » Finance | June 8, 2023, Thursday // 12:29 | Viewed: 3038

Asen Vassilev: Within 2 weeks Bulgaria will have a Draft Budget 2023 with a 3% Deficit

Asen Vassilev, the nominee for Minister of Finance in the Denkov-Gabriel cabinet, said that if the government is voted in today, work on Budget 2023 will begin tomorrow

Business » Finance | June 6, 2023, Tuesday // 13:08 | Viewed: 3283

Over 75% of Bulgarians have Difficulty covering their Daily Expenses

An NSI survey shows that more than 75% of respondents had difficulty covering their daily expenses in the first three months of the year

Business » Finance | June 6, 2023, Tuesday // 12:51 | Viewed: 3423

Kristalina Georgieva: There is no significant slowdown in Lending

The International Monetary Fund has yet to record enough banks cutting back on lending, and that could prompt the US Federal Reserve to reverse course with the rate hike cycle

Business » Finance | June 5, 2023, Monday // 15:54 | Viewed: 2879

Bulgaria: Inspections of Fast Loan Companies are starting all over the country

Serious breaches, unfair trading practices and non-compliance with the Consumer Credit Act which distort the market

Business » Finance | June 2, 2023, Friday // 13:24 | Viewed: 3832
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