Bulgarian PM Vows to Look into All Privatization Deals
Bulgarian Prime Minister Boyko Borisov has pledged to trigger an inspection into all privatization deals signed since the democratic transition began in 1989.
Bulgaria's largest tobacco company, Bulgartabac Holding, has been sold again, reports Capital Daily.
According to the publication, the Austrian commercial registry shows that on June 26, the majority share package is evenly split between two offshore companies. Livero Establishment transferred half of BT Invest to Woodford Establishment.
Thus the two companies has a little below 40% of the holding shares each.
According to a study presented to MPs by Prof. Emilia Chengelova, from the Institute of Philosophy and Sociology at the Bulgarian Academy of Sciences, the shadow (grey/informal) economy in Bulgaria remains high at 33%
A recent survey by digital payments company Visa reveals that most Bulgarians planning a winter vacation prefer to pay digitally at ski resorts
the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property
Bulgaria's labor market remained stagnant throughout 2024
Retail sales across the European Union showed a decline in December, with both the eurozone and the EU reporting decreases
Bulgaria has the lowest minimum wage among the European Union member states as of January 2025, standing at 551 euros
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability