Business » Finance

Bulgaria's Economy Grew by 3.9% in 2022

Bulgaria's economy grew by 3.9 percent in 2022, according to updated data from the National Statistical Institute, exceeding preliminary data for a 3.4 percent growth

Business » Finance | October 19, 2023, Thursday // 12:35 | Viewed: 2684

Bulgaria maintains its Second Place in the EU among Countries with the Lowest Debt

Bulgaria retains its second place in the EU among the countries with the lowest debt, according to the latest official data from Eurostat from July 2023

Business » Finance | October 17, 2023, Tuesday // 09:38 | Viewed: 4687

Bulgaria: Annual Inflation is 6.3%

A new drop in annual inflation is reported by the National Statistical Institute. Monthly inflation is -0.1%, and annual inflation is 6.3%

Business » Finance | October 16, 2023, Monday // 12:29 | Viewed: 2968

Bulgaria: The Cabinet approved an Increase in the Minimum Wage

The cabinet approved the new minimum wage parameters. From January 1 next year, it becomes 933 leva (or euros), which is nearly 20% more than the current minimum wage

Business » Finance | October 11, 2023, Wednesday // 13:28 | Viewed: 7061

The IMF expects Growth of the Bulgarian Economy by 1.7% in 2023 and by 3.2% in 2024

The International Monetary Fund expects Bulgaria's GDP growth to slow to 1.7% in 2023 from 3.4% last year, before accelerating to 3.2% in 2024

Business » Finance | October 10, 2023, Tuesday // 16:46 | Viewed: 2805

Bulgaria's Economy will Slow Down according to a World Bank report

After strong growth in 2022, the Bulgarian economy will slow down, following trends in the European Union, according to a World Bank report

Business » Finance | October 7, 2023, Saturday // 09:34 | Viewed: 5041

January 1, 2025 - Bulgaria’s New Target Date for Entry into the Eurozone

Bulgaria will enter January 1, 2025 as the target date for adopting the euro in an official document, it became clear from the project published on the government website strategy.bg

Business » Finance | September 24, 2023, Sunday // 09:22 | Viewed: 5229

Bulgaria is 43rd in the World in terms of Economic Freedom

Economic freedom in Bulgaria continues to decrease according to the "Economic Freedom of the World 2023" study published today by the Institute for Market Economics (IME) in collaboration with the Canadian Fraser Institute, ranking the country 43rd among

Business » Finance | September 20, 2023, Wednesday // 11:12 | Viewed: 3553

Bulgaria expects Annual Inflation of around 8%

Average annual inflation of around 8 percent is expected until the end of the year and decrease in the following year as well

Business » Finance | September 14, 2023, Thursday // 17:25 | Viewed: 3878

The EC representation in Bulgaria is launching an Information Campaign for the Adoption of the Euro

As of today, the European Commission Representation in Bulgaria is launching an information campaign regarding the adoption of the euro

Business » Finance | September 4, 2023, Monday // 08:25 | Viewed: 4680

Visiting a Bank Office in Bulgaria is getting More and More Expensive

Physical contact with bank employees related to cash operations is expected to become more and more expensive

Business » Finance | August 30, 2023, Wednesday // 16:07 | Viewed: 6237

Bulgaria: "Standard & Poor's" confirmed the Credit Rating of Sofia

The leading rating agency "Standard & Poor's" /S&P Global Ratings/ confirmed today the investment rating of Sofia Municipality of BBB with a stable outlook

Business » Finance | August 26, 2023, Saturday // 09:20 | Viewed: 4973

Bulgarian National Bank: Interest Rates on Housing Loans remain at around 2.5%

However, the cost of loans for current consumption is increasing by 1% for July compared to June

Business » Finance | August 26, 2023, Saturday // 09:08 | Viewed: 3100

Inflation in Bulgaria increased by 0.9% for the Month, the Annual Rate is 8.5%

The monthly inflation is 0.9%, and the annual inflation compared to July last year is 8.5%, according to the data of the National Statistical Institute

Business » Finance | August 16, 2023, Wednesday // 12:16 | Viewed: 3093

International Art Markets Embrace the Digital Yuan

In the dynamic context of our rapidly evolving global environment, the convergence of time-honored industries with state-of-the-art technologies has given rise to a myriad of inventive and forward-thinking solutions.

Business » Finance | August 15, 2023, Tuesday // 08:56 | Viewed: 2627

Bulgaria is in the Top 25 Countries with the Biggest Debt Slaves

With inflation driving up costs, global debts are nearing record highs at $305 trillion - around $45 trillion higher than pre-pandemic levels

Business » Finance | July 26, 2023, Wednesday // 11:46 | Viewed: 6480

Bulgarian Financier: If we Keep the Lev now, People will Line Up to Exchange their Money in Euros

Our economy is growing. Not as well as it could, but still growing. We have coped well with the post-Covid restrictions as well as the effects of the war in Ukraine

Business » Finance | July 25, 2023, Tuesday // 13:08 | Viewed: 5055

Here is what will be Depicted on the Bulgarian Euro Coins

The Governing Council of the Bulgarian National Bank has united around the idea of reproducing the design of the current exchange coins, which will ensure continuity in the monetary signs used and will facilitate the recognition of the new currency by Bul

Business » Finance | July 24, 2023, Monday // 14:39 | Viewed: 8565

Dimitar Radev will Head the Bulgarian National Bank for another 6 years

The Bulgarian Parliament voted and elected Dimitar Radev as Governor of the Bulgarian National Bank (BNB) with a mandate of 6 years

Business » Finance | July 18, 2023, Tuesday // 17:26 | Viewed: 3302

The Annual Inflation in Bulgaria falls below 10%

For June, inflation decreased to 8.7 percent compared to a year earlier and for the month a deflation of minus 0.4 percent was reported

Business » Finance | July 17, 2023, Monday // 14:21 | Viewed: 3388

A Plan for the Euro in Bulgaria: For a Month Payment in both Currencies, but the Change will be in Euros

By the end of the year, commercial banks will be technically ready to accept the euro, according to, Dimitar Radev, Governor of the Bulgarian National Bank

Business » Finance | July 13, 2023, Thursday // 17:15 | Viewed: 8889
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria