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Month: February 2022

Telenor Bulgaria Will Raise Prices, But Only With The Inflation Rate For 2021
February 9, 2022February 16, 2022

Telenor Bulgaria Will Raise Prices, But Only With The Inflation Rate For 2021

Telenor Bulgaria CEO Jason King published a letter on the telecom’s website to the operator’s customers, stating that the company has refused to increase prices with accumulated […]

Bulgarian Military Plant “Arsenal” Shuts Down For A Month due To Expensive Electricity
February 8, 2022February 16, 2022

Bulgarian Military Plant “Arsenal” Shuts Down For A Month due To Expensive Electricity

As of January 17, 2022, temporary measures are being introduced in the military-industrial plant “Arsenal” AD in Kazanlak. Pursuant to Art. 173 of the Labor […]

Chief Of Bulgarian Energy Commission: I Don’t Want To Work With The New Government
February 8, 2022February 16, 2022

Chief Of Bulgarian Energy Commission: I Don’t Want To Work With The New Government

The outgoing chairman of the Energy and Water Regulatory Commission(EWRC), Ivan Ivanov, assessed as inadmissible the 12-year delay in the gas connection with Greece. This is the […]

Bulgarian PM: The Government Will Help Businesses
February 7, 2022February 16, 2022

Bulgarian PM: The Government Will Help Businesses

Yesterday, Prime Minister Kiril Petkov held an online meeting with the management of the five nationally representative employers’ organizations – BICA, BIA, BCCI, CEIBG, and SSE, as well […]

World Bank: Significant Decline In Global Growth In 2022
February 7, 2022February 16, 2022

World Bank: Significant Decline In Global Growth In 2022

Global growth will “slow down significantly” this year as the Covid-19 epidemic and supply chain difficulties continue and government aid programs expire, the World Bank said. The Washington-based development creditor predicts that growth will […]

58% Of Adults In Bulgaria Are Financially Literate
February 6, 2022February 16, 2022

58% Of Adults In Bulgaria Are Financially Literate

In the self-assessment of their own financial knowledge, 48% of the respondents defined their level as average, and 10% as high* The overall level of financial literacy in Bulgaria is 58%, […]

European Central Bank Does Not Expect Eurozone Inflation of More Than 2%
February 6, 2022February 16, 2022

European Central Bank Does Not Expect Eurozone Inflation of More Than 2%

The European Central Bank does not foresee inflation in the Eurozone above the 2% target in the medium term, despite the new negative economic effects that the coronavirus pandemic […]

Bulgaria: Changes In Bank Fees And Loans In 2022
February 5, 2022February 16, 2022

Bulgaria: Changes In Bank Fees And Loans In 2022

In the new year, we will pay more, both for cash withdrawals and ATMs. Fees will vary depending on the amount. It will also cost us more […]

Direct Flights From Bulgaria To The Seychelles Will Start In January 2022
February 5, 2022February 16, 2022

Direct Flights From Bulgaria To The Seychelles Will Start In January 2022

All passengers on board the first charter flight will receive special surprises January 10, 2022, Sofia – The first charter flight for 2022 from Bulgaria to the Seychelles starts […]

World Bank Representative: There Is No Danger Of Hyperinflation In Bulgaria
February 4, 2022February 16, 2022

World Bank Representative: There Is No Danger Of Hyperinflation In Bulgaria

Despite all the crises and inflation, Bulgaria’s economy will grow by almost 4% this year. Our country has done its homework well, preparing to enter the eurozone. […]

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