The Significance of Bright Monday: A Day of Renewal and Hope
Bright Monday, which marks the second day of Easter, is the beginning of Bright Week
The Bulgarian government has threatened to cut agriculture grants for producers who deliberately increase prices ahead of Easter.
Egg, lamb and pork prices started increasing several weeks ahead of the Orthodox Easter Sunday (which is April 15 in 2012), prompting Prime Minister Boyko Borisov to demand an immediate analysis from several of his Ministers.
Agriculture Minister Miroslav Naydenov, Finance Minister Simeon Djankov and Economy Minister Traicho Traikov have to be ready by Friday with their price analysis and determine whether there has been speculation in place.
"We should not directly accuse producers. They very often offer normal price to dealers, but subsequently the prices for consumers skyrocket," Miroslav Naydenov pointed out on Tuesday, as cited by the Bulgarian National Radio.
Recently, egg prices in Bulgaria doubled in the course of just two weeks, exceeding EUR 0.20 per egg at some places.
It was made clear last week that Poland may increase its exports of eggs to Bulgaria, thus normalizing the market in the country after its recent shocking egg price hike.
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
According to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals, one-third of Bulgarian hoteliers are planning a modest price increase of about 10%
Sofia Municipality is set to implement a revised framework for managing its municipal housing stock by introducing two distinct rental categories
Following its earlier confirmation of Bulgaria's credit rating at Baa1, Moody's has revised the outlook for the country's banking sector from stable to positive
Bulgarian garment companies are struggling to find new markets due to the recent increase in tariffs on industrial goods under Donald Trump’s administration
Tourism in Bulgaria has made significant strides toward recovery in 2024, though it still hasn't returned to pre-pandemic levels of 2019
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase