As Bulgaria gears up for its much-anticipated integration into the Eurozone in 2025, the journey toward adopting the euro has sparked a mixed bag of expectations and uncertainties among both citizens and economic analysts
The UK's anti-fraud watchdog (SFO), which allegedly colluded with law firm Dechert, could potentially pay millions of pounds to mining corporation Eurasian Natural Resources Corporation (ENRC) following a High Court ruling.
As 2024 kicks off, Bitcoin surges above the 45,000 threshold, marking its highest value since April 2022, riding on a wave of investor optimism and anticipation surrounding the possible green light for exchange-traded bitcoin funds on the spot market
Marking a significant milestone, the euro commemorates its 25th anniversary since its inception
Bulgaria ushers in the new year on a different note, as the State Budget Act for 2024 gets the green light, marking a departure from previous years of budgetary uncertainties
In a recent update on the Labour and Social Policy Ministry's achievements from June to December 2023, Minister Ivanka Shalapatova revealed plans for a significant increase in the minimum monthly wage, set to rise to BGN 933, marking nearly a 20% incremen
Bulgaria's Gross External Debt stood at approximately EUR 42,410 million by the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB)
The Bulgarian government has given its nod to a brand-new Law on the Bulgarian National Bank (BNB), specifically designed to facilitate Bulgaria's seamless integration into the Eurozone
The National Assembly made significant strides on Thursday, greenlighting key spending allocations from the 2024 State Budget Bill during the second reading
Bulgaria has surged to the forefront of EU countries for its remarkable wage growth in the third quarter of 2023, showcasing an impressive 15.8% increase in hourly wage costs compared to the same period last year
The latest report from the National Statistical Institute sheds light on Bulgaria's inflation trends for November 2023
Bulgaria witnesses a notable surge in average salaries, with Ministry of Labour and Social Policy data revealing an upswing in the third quarter of 2022
In the third quarter of 2023, the Bulgarian economy experienced a 0.4% growth compared to the preceding quarter, maintaining a similar growth pattern seen earlier
Finance Minister Asen Vassilev announced a significant decline in the state budget deficit for November, reaching a mere 0.6%. This marks a milestone in over two decades, with revenue from taxes surpassing expenditures—a first in this time frame
The Organisation for Economic Co-operation and Development (OECD) has revised Bulgaria's economic growth forecasts in its latest World Economic Outlook report, signaling a 1.7% growth rate for 2023, slowing due to external factors, with a projected accele
In recent years, the financial sector has been undergoing significant changes due to widespread digital transformation.
During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024
Deputy Governor of the Bulgarian National Bank (BNB), Andrey Gyurov, has highlighted June as the pivotal month for Bulgaria's Eurozone aspirations
The international rating agency "Standard & Poor's" raised the outlook for Bulgaria's credit rating to positive from stable, the Ministry of Finance announced
Bulgaria's parliament advances changes to the Corporate Income Tax Act during its first reading, aligning with the European Directive aimed at ensuring minimum effective taxation for multinational corporations in the EU single market
Bulgaria's government greenlights the 2024 state budget, securing approval for the medium-term forecast and insurance budgets. Finance Minister Assen Vassilev notes potential revisions if revenues exceed expectations
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