Bulgarian National Bank Seeks Buyer for Coins to Be Melted Post-Euro Transition
The Bulgarian National Bank (BNB) has launched an auction to sell scrap Bulgarian coins after the country adopts the euro
Over 100 scrap metal companies briefly blocked the Bulgarian-Turkish border at Kapitan Andreevo and threatened to remain there if the government ignored their protest, Monday.
The business owners protest against the new law entering into force today. As of Monday, it is officially prohibited for physical persons to sell scrap to the licensed companies, Darik news reports. Traders will be able to purchase non-ferrous metals and scrap iron solely from companies, which must provide a document of origin. Physical persons will now have to deposit their scrap metal or old appliances at the municipal scrapyards for free.
According to the calculations by the industry, nearly 600,000 Bulgarians are actively involved in the business with scrap and will therefore lose their income.
With this law the government is privatizing the business, as only municipalities are allowed to work with physical persons which is unconstitutional, the protesters claimed, as quoted by Darik news.
Minister of Economy and Industry Petar Dilov stated during parliamentary oversight that the recently imposed U.S. export tariffs are unlikely to have a substantial direct effect on Bulgaria’s economy
During his official visit to Warsaw, Bulgarian President Rumen Radev held a meeting with members of the Polish-Bulgarian Chamber of Commerce
Bulgaria has taken on new state debt amounting to 4 billion leva
In 2024, Bulgaria's exports of alcoholic beverages totaled 30.4 million euros
Donald Trump Jr., the son of U.S. President Donald Trump, made a brief visit to Bulgaria on Sunday
Bulgaria anticipates favorable outcomes from the upcoming reports by the European Commission (EC) and the European Central Bank (ECB) on its euro adoption
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase