Employment Agency Reports Stable Job Market in Bulgaria: 16,000 Hired in October
Bulgaria’s labor market remained stable in October, with the Employment Agency reporting a registered unemployment rate of 5.15 percent
The Bulgarian Development Bank will be thoroughly audited. An ad hoc commission is expected to launch an urgent probe into the work of the financial institution.
The reason is that according to the caretaker minister of economy, about BGN 1 billion have been given out to eight companies in Bulgaria. Some of them were indirectly connected with Delyan Peevski, Anton Kutev, spokesman for the caretaker government told NOVA TV.
"Although BDB was established as a lender for small and medium-sized companies about BGN1 bn is is given to eight companies that are anything but small. The fact is that some of them are related to several iconic persons. One of them is Delyan Peevski. To me, this is outrageous because it's a state-owned bank. It turns out that the main goal of the state is to support big business", said Anton Kutev.
The caretaker Minister of Economy has been misled by media publications, the representative of GERB Aleksandar Ivanov commented for Hello, Bulgaria talk show. According to him, the allegations about “BGN 1 billion handed out to eight companies is nothing but a” warmed-up concoction."
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
The Bulgarian National Bank plans to release a 2-euro commemorative coin titled “Bulgarian Alphabet” in the second half of 2026, highlighting one of the nation’s most significant cultural and spiritual symbols
The number of Bulgarians holding over 1 million leva (half a million euros) in bank accounts continues to rise, according to recent data from the Bulgarian National Bank
The official website dedicated to Bulgaria’s transition to the euro, evroto.bg, has published the full set of information materials used during the national awareness campaign
Economist Dimitar Sabev, from the Institute for Economic Research at the Bulgarian Academy of Sciences, has assessed the draft budget and broader economic situation in Bulgaria
As Bulgaria prepares to join the eurozone, many people who have been collecting coins from daily change may be wondering what to do with their small change
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence