Business » Finance

Bulgaria Appoints New Director for Customs Agency in Government's First Decision

Marking the inaugural decision of Bulgaria's new caretaker government, the Customs Agency welcomes a new director, as announced by acting Finance Minister Lyudmila Petkova

Business » Finance | April 10, 2024, Wednesday // 09:24 | Viewed: 3283

Bulgaria's New Finance Minister Prioritizes Eurozone and Full Schengen Membership

The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Sche

Business » Finance | April 9, 2024, Tuesday // 13:42 | Viewed: 3093

Gold Prices Reach New High Amidst Fed Rate Cut Speculation

Gold prices surged to a new all-time high of 2,353 USD per ounce during early trading on Monday, continuing a rapid ascent witnessed over the past two weeks

Business » Finance | April 8, 2024, Monday // 12:28 | Viewed: 1819

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: 3670

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: 4882

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: 3281

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: 2985

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: 5830

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: 3634

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: 4352

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: 3678

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: 2763

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: 3235

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: 7896

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: 3407

Cost of Euro Adoption in Bulgaria Estimated at Over Half a Billion Levs

The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million

Business » Finance | March 27, 2024, Wednesday // 10:29 | Viewed: 2646

Experts Assert: Euro Introduction in Bulgaria Won't Lead to Price Hikes

As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal

Business » Finance | March 27, 2024, Wednesday // 09:31 | Viewed: 2424

Bulgaria's Euro Transition: Draft Law Unveiled for Public Discussion

The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency

Business » Finance | March 26, 2024, Tuesday // 18:07 | Viewed: 4045

Bulgaria Retains Lowest Purchasing Power in EU, While Luxembourg Tops the Charts

The latest data released by Eurostat, the official statistical office of the European Union, reveals that Bulgaria continues to grapple with the lowest purchasing power within the EU

Business » Finance | March 26, 2024, Tuesday // 14:12 | Viewed: 3092

Bulgarian Ministry of Finance Launches Euro Information Website: Your Guide to the Currency Transition

In a proactive move towards preparing Bulgarian citizens and businesses for the adoption of the euro, the Ministry of Finance has unveiled a comprehensive information website dedicated to the impending transitio

Business » Finance | March 25, 2024, Monday // 11:31 | Viewed: 2464

How to Keep Your Wallet Safe During War and Economic Downturns

Buffett said: "My secret to investing is to be greedy when others are panicked and panic when others are greedy.

Business » Finance | March 23, 2024, Saturday // 15:03 | Viewed: 3258
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