Business

Former Finance Minister: Bulgaria Can Enter the Eurozone in 2026 at the Earliest

Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026

Business » Finance | May 16, 2024, Thursday // 09:45 | Viewed: 2643

Bulgaria's GDP Shows Modest Growth in Early 2024

In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year

Business » Finance | May 15, 2024, Wednesday // 18:00 | Viewed: 2498

Bulgaria Ranks Among Top Three in Europe for Sheep Farming Subsidies

Bulgaria ranks among the top three countries in Europe in terms of financial support for sheep farming, yet the sector struggles due to outdated farming practices

Business » Industry | May 15, 2024, Wednesday // 15:00 | Viewed: 2467

Bulgarian Banker: No One Enters the Eurozone in the Middle of the Year

According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year

Business » Finance | May 15, 2024, Wednesday // 13:12 | Viewed: 4209

French President Macron Recommends Varna as a Must-Visit Destination

French President Emmanuel Macron has designated Varna as one of his favored travel destination

Business » Tourism | May 15, 2024, Wednesday // 11:13 | Viewed: 2933

Wizz Air Introduces New Varna to London Gatwick Route

"Wizz Air" has unveiled a fresh route from Varna to London Gatwick Airport, marking an expansion in its flight offerings

Business » Tourism | May 15, 2024, Wednesday // 10:46 | Viewed: 3395

Proposed Price Adjustments: Heating Costs in Sofia May See Significant Reduction

"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st

Business » Energy | May 15, 2024, Wednesday // 10:05 | Viewed: 1721

Bulgaria Will Not Fulfill the Criteria for the Euro by the June Report

According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June

Business » Finance | May 14, 2024, Tuesday // 11:57 | Viewed: 7749

Bulgarian National Bank Initiates Trial Minting of 8 Million Euro Coins

The Bulgarian National Bank (BNB) has initiated a trial minting process for 8 million euro coins, as announced by BNB Governor Dimitar Radev during a conference on the euro's introduction

Business » Finance | May 14, 2024, Tuesday // 10:31 | Viewed: 3733

Pristine Bulgarian Coastline: 23 Beaches Receive 'Blue Flag' Honors

The "Blue Flag" program's international jury has recognized the excellence of 23 Bulgarian beaches and the Marina "Dinevi" by awarding them with the prestigious certificate

Business » Tourism | May 13, 2024, Monday // 16:27 | Viewed: 2813

Grand Reopening: Central Halls in Sofia Set to Welcome Visitors

The Central Halls in Sofia (Tsentralni Hali) are set to reopen on May 23 following extensive renovations and restoration efforts led by Kaufland Bulgaria

Business | May 13, 2024, Monday // 14:34 | Viewed: 2577

Bulgaria's Seaside Struggle: Shortage of Lifeguards and Medics Threatens Summer Season

The seaside resorts of Bulgaria are facing an urgent shortage of lifeguards and medical personnel, exacerbated by new regulations mandating a higher presence of medical specialists at rescue stations

Business » Tourism | May 12, 2024, Sunday // 09:48 | Viewed: 2752

Projections Show 9.3% Salary Rise for Bulgarian Workers in 2024

The Ministry of Finance anticipates a 9.3% increase in wages for Bulgarian businesses this year, as outlined in the latest Convergent Program of Bulgaria

Business | May 12, 2024, Sunday // 09:38 | Viewed: 2513

Decoding Bulgarian E-commerce: Consumer Behavior and Market Dynamics

Social media platforms are currently the primary catalyst for e-commerce, with the engaging content created by marketers and modern methods of consumer interaction being pivotal factors for successful online trade worldwide

Business | May 11, 2024, Saturday // 12:22 | Viewed: 3037

Insights into Sofia's Office Sector: Trends and Outlook

In the initial quarter of the year, the office market in Sofia maintains a relatively subdued pace

Business | May 11, 2024, Saturday // 10:41 | Viewed: 1912

Eurozone Doubt: Nearly Half of Bulgarians Skeptical of Standard of Living Impact

A recent national survey conducted by the Market Links agency reveals that nearly half of Bulgarians, constituting 47% of respondents, hold reservations regarding the anticipated benefits of Bulgaria's adoption of the euro

Business » Finance | May 10, 2024, Friday // 10:11 | Viewed: 2672

Ryanair Expands Operations from Bulgaria with 5 New Destinations

Ryanair has announced plans to base its fourth aircraft at Sofia Airport and introduce flights to five new destinations this summer season

Business » Tourism | May 8, 2024, Wednesday // 17:04 | Viewed: 16918

Major International Conference "Bulgaria in the Eurozone, When?" Will Take Place on May 14 in Sofia

The event will bring together esteemed local and international leaders such as Wolfgang Schüssel, former Chancellor of Austria

Business | May 8, 2024, Wednesday // 16:28 | Viewed: 3893

Bulgaria’s Euro Adoption & Its Potential Implications

Bulgaria’s plan to adopt the euro and become a member of the eurozone holds far-reaching implications, especially for the economy, political scene, and international relations; the Southeast European nation is looking to improve its economic conditions an

Business | May 8, 2024, Wednesday // 15:00 | Viewed: 2988

Is Bulgaria Ready to Join the Eurozone?

Bulgaria's aspirations to become the 21st member of the Eurozone have sparked discussions regarding the country's economic readiness, as well as its political and institutional preparedness

Business » Finance | May 8, 2024, Wednesday // 10:38 | Viewed: 2826

ECB Calls for Revisions to Bulgarian Euro Adoption Law: Compliance Concerns Surface

The European Central Bank (ECB) has weighed in on Bulgaria's draft Law on the adoption of the euro, signaling the need for revisions to ensure alignment with European regulations

Business » Finance | May 8, 2024, Wednesday // 09:00 | Viewed: 2213
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