Bulgaria’s Ministry of Finance: Minimum Wage will remain at BGN 710 until 2025

The minimum wage will remain at the level of BGN 710 (EUR 363) until 2025, it is clear from the draft of the new medium-term budget forecast of the Ministry of Finance. It envisages a lower rate of annual growth of pensions - from July 1, 2023, it will be

Business » Finance | April 13, 2022, Wednesday // 09:08 | Viewed: 2495

OPEC has said it cannot fully Compensate for Oil Supplies from Russia

OPEC told the European Union that current and future sanctions against Russia could lead to one of the worst shocks in oil supplies and it will be impossible to replace these volumes, while the oil cartel has signaled that it will not increase yields, Reu

Business » Energy | April 12, 2022, Tuesday // 11:29 | Viewed: 2243

Bulgaria will take out a New Debt of Half a Billion BGN

Bulgaria will take out a new debt of half a billion levs (BGN). This is clear from a statement by the Ministry of Finance.

Business » Finance | April 11, 2022, Monday // 19:45 | Viewed: 2289

Bulgaria's PM discussed the potential for strengthening Cooperation with Amazon and Google

The potential for strengthening cooperation with Amazon and Google was discussed by Bulgarian Prime Minister Kiril Petkov during his meetings today with representatives of the two technology companies

Business | April 11, 2022, Monday // 15:03 | Viewed: 3613

Bulgaria is Investing BGN 170 million for Artificial Intelligence

Over the next 10 years, the Bulgarian state will invest BGN 170 million in the first of its kind in Eastern Europe Institute of Computer Science, Artificial Intelligence and Technology INSAIT. It was established in partnership between Sofia University “St

Business | April 11, 2022, Monday // 14:53 | Viewed: 3361

Bulgarian PM: Let’s bring back to Bulgaria our most Talented Minds

Bulgaria will have an Institute of Computer Science, Artificial Intelligence and Technology. Its official launch was given at a ceremony at the National Palace of Culture.

Business | April 11, 2022, Monday // 12:52 | Viewed: 2798

World Bank: Bulgaria's Economy will slow down due to War, Inflation and COVID-19

Almost a third slower - compared to the forecast from January - will be the growth of the Bulgarian economy in 2022 due to the war in Ukraine and the risks of prolonged military conflict, point to further adjustments to downward growth. Instead of 3.8% of

Business » Finance | April 11, 2022, Monday // 12:42 | Viewed: 3510

Almost no Russian Tourists in Bulgaria this year - they are Selling their Properties

“About 50,000 Russian citizens are expected to come to Bulgaria this year with flights via Istanbul, Dubai and Belgrade, some of them with properties in Bulgaria”, predicts Assoc. Prof. Rumen Draganov, a longtime expert in the field of tourism and teacher

Business » Properties | April 9, 2022, Saturday // 14:29 | Viewed: 11295

Nasdaq 100, Dow are on the verge of a 20-40% drop from the peak

Stock market indices have reversed downwards as sustained dollar strength with tightening financial and trading conditions worldwide worsens the outlook for companies.

Business » Finance | April 7, 2022, Thursday // 14:47 | Viewed: 2469

Two Bulgarians in the Forbes list of the Richest in the World

Bulgaria has found a place in the ranking of billionaires (in US dollars) of Forbes magazine with the brothers Kiril and Georgi Domuschievi.

Business | April 7, 2022, Thursday // 10:04 | Viewed: 4088

Zelensky’s TV show will be broadcast on Bulgarian Television

Nova Broadcasting Group has acquired the rights to broadcast the series and film “Servant of the People”, with which Volodomir Zelensky managed to win the presidential election in Ukraine in 2019.

Business | April 7, 2022, Thursday // 09:35 | Viewed: 2551

A number of Countries are interested in buying Grain from Bulgaria

After the Ministerial Meeting in the framework of the Berlin Process and the dialogue on agricultural policy Germany - Western Balkans in Berlin, organized by German Minister of Agriculture Cem Özdemir, the Bulgarian Minister of Agriculture Dr. Ivan Ivano

Business » Industry | April 6, 2022, Wednesday // 18:13 | Viewed: 3659

Bulgaria will pay 40% more for Gas if it does not buy from Russia

Replacing Russian gas with an alternative will increase the price of natural gas by at least 40%, Energy Minister Alexander Nikolov said.

Business » Energy | April 6, 2022, Wednesday // 15:57 | Viewed: 2794

Far-Right Russian Politician Vladimir Zhirinovsky has passed away

Vladimir Zhirinovsky died. The far-right politician passed away at the age of 75 after a long illness. He had been in a coma in recent weeks.

Business | April 6, 2022, Wednesday // 14:05 | Viewed: 2128

Greece has declared 12 Russian diplomats Persona Non Grata

Greece has declared 12 Russian diplomats persona non grata. The European Union will also sanction the import of Russian oil, the President of the European Commission told the European Parliament.

Business | April 6, 2022, Wednesday // 13:56 | Viewed: 1937

Bulgarian Ministry of Finance forecasts average annual Inflation of 10.4%

The average annual inflation will reach 10.4% this year, according to the spring macroeconomic forecast of the Ministry of Finance.

Business » Finance | April 5, 2022, Tuesday // 16:08 | Viewed: 2205

Innovative Companies can Win 1M EUR in CEE Startup Challenge by Vestbee

Innovative startups and scaleups from CEE have a chance to win 1 Million Euro investment from Next Road Ventures and over 200 000 EUR in many valuable prizes in the CEE Startup Challenge, the biggest online competition for regional fundraising startups an

Business | April 5, 2022, Tuesday // 13:18 | Viewed: 4744

63% of Transactions in Bulgaria are made in Cash

Bulgaria is second in Europe after Romania in the number of cash payments, according to statistics from ‘Global Findex’. In our country, 63% of transactions are made with cash, and in our neighbor - over 78%. Although the pandemic was expected to increase

Business » Finance | April 4, 2022, Monday // 11:53 | Viewed: 3860

Bulgaria has received an official Request to Pay for Russian Gas in Rubles

Bulgaria has received an official letter from Gazprom demanding that the payment for Russian gas be in rubles. This was confirmed to Nova TV by Energy Minister Alexander Nikolov.

Business » Energy | April 4, 2022, Monday // 09:44 | Viewed: 3681

In 2 years 200,000 Bulgarians came back to living in Villages

The pandemic has fundamentally changed our lives. Habits have become different, and the desire to seek a freer and healthier life has intensified. That is why in the last 2 years 200,000 Bulgarians have moved to the countryside or at least bought a proper

Business » Properties | April 2, 2022, Saturday // 10:57 | Viewed: 4850

Natural Gas Prices in Bulgaria will Rise by 25% in April

Natural gas prices will rise by more than 25% in April, the Energy and Water Regulatory Commission (EWRC) decided in the late afternoon yesterday. The main reason is the increase in supply prices on international markets. Due to another increase in the pr

Business » Energy | April 2, 2022, Saturday // 09:53 | Viewed: 3053
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