Informal Employment Persists in Bulgaria’s Service and Restaurant Sectors
The practice of hiring workers without formal employment contracts remains a widespread violation of labor and social security laws in Bulgaria
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Business
Euro Adoption in Bulgaria: Retail Chain Leads the Way with Dual Pricing
Preparations for Bulgaria’s entry into the eurozone are well underway, despite the exact timeline remaining uncertain
Bulgaria on the Brink of Joining the Eurozone – Is the Euro Coming Sooner Than Expected?
Bulgaria is on the verge of meeting the inflation criterion
Ukraine Approves Purchase of Belene NPP Reactors from Bulgaria
The Ukrainian parliament has approved the purchase of two Russian nuclear reactors that were originally intended for the Belene Nuclear Power Plant (NPP) in Bulgaria
Wizz Air Relaunches Direct Flights Between Sofia and Tel Aviv
Wizz Air has resumed its flights from Sofia to Tel Aviv
EBRD Doubles Investments in Bulgaria, Boosting Key Sectors in 2024
The European Bank for Reconstruction and Development (EBRD) has significantly increased its investments in Bulgaria for 2024
Wizz Air Expands Its Network with New Year-Round Flights from Varna
Wizz Air has announced the launch of a new and exclusive route from Varna to Leipzig, Germany, marking a significant expansion of its network
Stable Finances Pave the Way for Bulgaria’s Next Eurozone Steps
Bulgaria is expected to request extraordinary convergence reports from the European Commission and the European Central Bank for eurozone entry
Bulgaria’s Eurozone Entry: January 1, 2026, Most Likely, Says Asen Vassilev
Bulgaria has met the inflation criterion required for entry into the Eurozone, with an average annual inflation rate of 2.6% over the last 12 months
Inflation in Bulgaria for 2024 Stands at 2.2%, Meeting Eurozone Requirements
Bulgaria's National Statistical Institute has reported that inflation for 2024 stands at 2.2%, a slight increase from the previous year
Bulgaria Faces Record Low Electricity Exports Amidst Slow Energy Sector Reforms
In 2024, Bulgaria’s electricity sector faced significant challenges, with a sharp decline in exports and a rise in domestic consumption
Bulgaria Air Offers Direct Flights to 11 European Cities This Winter
Bulgaria Air has launched a special winter promotion, "Time to Fly," offering discounted tickets for flights until March 31, 2025, to 11 captivating European destinations
Bulgarian Businesses Sound Alarm Over Soaring Electricity Prices, Demand European Compensation
Businesses in Bulgaria remain on high alert, described as "code yellow," due to persistently high electricity prices
The Impact of Economic Indicators on Futures Markets
Economic indicators play a pivotal role in shaping the dynamics of futures markets.
Crossing Borders: Bulgaria's Full Schengen Membership Transforms Travel to Greece and Romania
With Bulgaria's full integration into the Schengen Area, citizens now have the ability to travel freely to neighboring Greece and Romania
Sofia and Grenoble Now Connected by Direct Flights for the First Time
For the first time ever, a direct flight connection has been established between Sofia, Bulgaria, and the French ski resort of Grenoble
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Bulgarian National Bank Prepares for Eurozone with New Liquidity Rule
The Bulgarian National Bank (BNB) has adopted a new regulation outlining the framework for providing emergency liquidity support to solvent banks once Bulgaria joins the Eurozone
199 Salaries for 100 Sq. m: The Price of Owning a Home in Bulgaria
The cost of housing in Bulgaria has surged dramatically in recent years
Bulgaria’s Job Market Slumps: Businesses Are Refusing to Hire New Workers
A recent survey within Bulgaria's financial sector reveals a growing concern among businesses regarding employment levels
Rent Prices in Sofia, Varna, and Burgas Climb, But Still Stay Below Major European Cities
Rents in Sofia, Varna, and Burgas are seeing significant growth, but they remain among the most affordable in Europe
Highlights
2024
Ups & Downs
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
