Rising Prices Hit Seaside Restaurants in Bulgaria This Summer
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
According to preliminary figures of the Bulgarian National Bank (BNB), which were released on Monday, the foreign direct investment in the country in the first half of the year amounted to EUR 799.6 M.
This represented an increase of EUR 49.7 M or 1.9 % compared to the first half of 2014.
In June alone, foreign direct investment increased by EUR 178 M, while the corresponding growth in the same month last year was EUR 127.8 M.
Between January and June, equity amounted to EUR 169.8 M, which represented a growth of EUR 64.1 M compared to the same period in 2014.
The receipts from real estate investments of non-residents in the first half of the year stood at EUR 17.5 M, which was a significant decrease compared to the amount attracted in the same period in 2014 – EUR 64.8 M.
Reinvestment of earnings stood at EUR 80.5 M, almost retaining the figure from last year, which amounted to EUR 81 M.
The largest net foreign direct investment in the first half of the year originated from the Netherlands and amounted to EUR 567.3 M.
According to preliminary estimates, direct investment abroad increased by EUR 72.6 M between January and June, while the corresponding figure in the first half of 2014 amounted to a growth of EUR 354.3 M.
In June alone, direct investment abroad grew by EUR 34 M, which was a far cry from the increase of EUR 67.8 M, which was recorded in the same month last year.
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
Iliya Lingorski, a member of the Bulgarian National Bank's (BNB) Governing Board, highlighted the significant logistical challenges of adopting the euro in Bulgaria
The Bulgarian National Bank (BNB) has clarified the procedural changes that will take effect with the adoption of the euro as Bulgaria’s official currency.
During the one-month transition period after Bulgaria adopts the euro, ATMs across the country will distribute only euro banknotes
The World Bank has revised down its forecast for Bulgaria’s economic growth in 2025, citing a broader global economic slowdown
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