Schengen Membership to Boost Bulgarian Economy by 500 Million Leva Annually
The Bulgarian economy is expected to gain significantly from the country’s admission to the Schengen area, with annual economic benefits estimated at 500 million leva
According to data from Eurostat, only 3.6% of Bulgarian businesses with 10 or more employees utilized artificial intelligence (AI) technologies to manage their operations in 2023. This places Bulgaria among the lowest-ranking countries in the European Union in terms of AI adoption.
Eurostat defines artificial intelligence as encompassing various technologies, including text analysis, computer vision, speech recognition, natural language generation, machine learning, and deep learning. These technologies enable systems to collect and analyze data for prediction, recommendation, or decision-making purposes.
Comparatively, 8% of businesses across the EU with 10 or more employees implemented AI technologies in 2023. The countries with the highest adoption rates include Denmark, Finland, and Luxembourg. Conversely, Romania, Bulgaria, Poland, and Hungary rank lowest in the adoption of AI technologies among businesses in the EU.
Bulgaria's National Revenue Agency (NRA) has identified 962 individuals who earned income from creating and sharing content on an online platform known for adult content between
The Bulgarian National Bank (BNB) has expressed strong opposition to the draft state budget for 2025, which is set to be officially submitted to the National Assembly by the caretaker government
Over 100,000 Bulgarians are expected to travel abroad during the upcoming holiday season
Bulgaria Air has announced the resumption of its flights to and from Tel Aviv starting December 26, 2024
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023