Bulgaria's Fading Appeal to Investors: IT Sector Grapples with Challenges
The IT industry in Bulgaria is set to end 2024 without any growth in employment numbers and with decreasing revenue growth
- iNews
- Novinite
- Econ
- DoctorOnline
- Jenite
- Div
- Sporta
- FitWell
- Sportuvai
- Peika
- Programata
- News in English
Business
Bulgaria’s Energy Minister Warns of Possible Electricity Price Increase This Winter
During a hearing, Acting Energy Minister Vladimir Malinov indicated that electricity prices might increase during the current heating season
962 Bulgarians Earned 14 Million Leva from Adult Content Platform, Says Revenu Agency
Bulgaria's National Revenue Agency (NRA) has identified 962 individuals who earned income from creating and sharing content on an online platform known for adult content between
Bulgarian National Bank Warns 2025 Budget Could Derail Eurozone Aspirations
The Bulgarian National Bank (BNB) has expressed strong opposition to the draft state budget for 2025, which is set to be officially submitted to the National Assembly by the caretaker government
Over 100,000 Bulgarians Expected to Travel Abroad for the Holidays
Over 100,000 Bulgarians are expected to travel abroad during the upcoming holiday season
National Carrier Bulgaria Air Restarts Regular Flights to Israel
Bulgaria Air has announced the resumption of its flights to and from Tel Aviv starting December 26, 2024
Bulgaria's Draft Budget for 2025: 3% Deficit, State Debt Growth, and Key Tax Changes
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
Energy Minister: Bulgaria May Cease Russian Gas Transit Through TurkStream
Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank
Thousands of Bulgarians Defrauded in BETL Battery Investment Scheme, Losses Estimated at $280 Million
BETL, a company operating a financial scheme targeting Bulgarian investors, has ceased paying dividends as of December 5, 2024
Bulgaria Expects Boost in Winter Tourism with Increased Foreign Visitors
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Housing Prices Rise in Sofia, but Affordability Improves
Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend
Thousands of Bulgarian Investors Lose Money in BETL Scheme
Thousands of Bulgarian consumers who invested in the British company BETL have reported that the company has stopped paying daily dividends and appears to have ceased its operations.
Bulgaria's Employers Push for Continued Electricity Price Compensation in 2025
Employers' organizations in Bulgaria are urging the government to extend the compensation program for high electricity prices into 2025.
Israel Strikes Sites in Syria Believed to Contain Chemical Weapons and Long-Range Missiles
Israel has attacked locations in Syria where chemical weapons and long-range missiles are believed to be stored, aiming to prevent them from falling into the hands of adversaries, Israeli Foreign Minister Gideon Saar said today, as reported by the Associa
Oil Prices Rise Amid Middle East Uncertainty Following Assad’s Fall
Oil prices increased in early Asian trading this morning after the fall of Syrian President Bashar al-Assad introduced greater uncertainty in the Middle East.
Real Estate Market in Sofia Remains Active at the End of 2024
The real estate market in Sofia continues to show growth, with a 10% increase in sales compared to the previous year.
Bulgaria Expects 5% Growth in Winter Tourism Amid Resort Preparations
Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to acting Minister of Tourism Evtim Miloshev
Bulgaria's Municipalities Reassured on Capital Expenditure Subsidies for 2025
In recent weeks, there has been ongoing concern regarding the state's expenses for next year, with projections showing that costs far exceed available funds
Bulgarian National Bank Warns Against Proposed Excess Profits Tax on Banks
The Bulgarian National Bank (BNB) has voiced strong opposition to a proposed 10% tax on banks' excess profits, citing concerns that it would destabilize the financial sector
Bulgarian Hotels Fully Booked for Christmas as Demand Grows for Holiday Packages
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
Expert: Eurozone Integration Could Drive Bulgaria’s Economic Growth and Investment
Economist Rumen Galabinov has stated that Bulgaria's potential future membership in the Eurozone could significantly benefit the country's economy
Highlights
Manager Talks
Interview
Ups & Downs
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
