Bulgaria’s Economy Faces Slowdown and Rising Debt: EU Forecast Signals Trouble Ahead
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
BUSINESS IN BRIEF
Business | August 13, 2001, Monday // 00:00
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Deputy PM and Economy minister Nikolay Vasilev said he would have an urgent meeting with the head of AKB Fores Industrial Holding, Nikolay Banev, to discuss the numerous complaints submitted to the minister by Polimeri employees. It seems that around August 16 the management prepares to export expensive equipment to Iran, the deputy PM said.
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Parliament announced in the Official Gazette that a life insurer is sought to insure all the MPs. Interest has been indicated by the State Insurance Institute /DZI/, Bulstrad, Allianz Bulgaria, Orel, etc. Bids will be evaluated on September 4.
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Diamant glass plant in Razgrad was closed and ruled bankrupt. The plant has been ruined by the abnormally high prices of natural gas. Diamant`s debt to state monopoly Bulgargas amount to BGN 7.8 million, said CEO Emil Gyurov.
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Parliament announced in the Official Gazette that a life insurer is sought to insure all the MPs. Interest has been indicated by the State Insurance Institute /DZI/, Bulstrad, Allianz Bulgaria, Orel, etc. Bids will be evaluated on September 4.
***
Diamant glass plant in Razgrad was closed and ruled bankrupt. The plant has been ruined by the abnormally high prices of natural gas. Diamant`s debt to state monopoly Bulgargas amount to BGN 7.8 million, said CEO Emil Gyurov.
Major European Airline Launches Direct Flights Connecting Plovdiv and Varna with Bratislava
Wizz Air has inaugurated direct flights from Plovdiv and Varna to Bratislava, expanding its Bulgarian network and enhancing connectivity with Central Europe
New Security Rules Push Major App Stores to Tighten Verification Checks
Major app distributors are revising their verification frameworks after new global security standards came into effect this quarter.
BNB Announces 2026 Coin Program Highlighting Bulgarian Culture and History
The Bulgarian National Bank plans to release a 2-euro commemorative coin titled “Bulgarian Alphabet” in the second half of 2026, highlighting one of the nation’s most significant cultural and spiritual symbols
Bulgaria Rises to Fifth Place in CEE for Number of Large Companies
Bulgaria has advanced to fifth place in Central and Eastern Europe in terms of the number of large companies
Business | November 17, 2025, Monday // 08:26
Over 400 New Millionaires in Bulgaria Amid Growing Household and Corporate Savings
The number of Bulgarians holding over 1 million leva (half a million euros) in bank accounts continues to rise, according to recent data from the Bulgarian National Bank
