Three more regions in Bulgaria: Gabrovo, Montana, and Kyustendil, have declared an influenza epidemic and will implement temporary anti-epidemic measures starting from January 29. These measures include the […]
Month: January 2025
Bulgaria’s Resistance: How Over 48,000 Jews Were Saved From Nazi Deportation
During World War II, under pressure from Nazi Germany, Bulgaria joined the Tripartite Pact in 1941 and enacted the Law for the Protection of the Nation, which […]
Despite Restrictions, Housing Loans In Bulgaria Continue To Surge
Despite the measures imposed by the Bulgarian National Bank (BNB), housing lending in Bulgaria continues to rise rapidly. In November, commercial banks approved housing loans totaling 923 million leva, marking an increase […]
Retailers In Bulgaria Set To Transition To Euro, Awaiting Clear Timeline
Retail chains in Bulgaria are preparing for the eventual introduction of the euro, with some businesses already displaying prices in both leva and euro on receipts. The fixed exchange rate of […]
Bulgaria’s Political Gridlock Ends With Zhelyazkov Cabinet Approval
The National Assembly has approved the new government in Bulgaria, led by Prime Minister Rosen Zhelyazkov, after a vote that resulted in 125 deputies supporting the cabinet and 114 […]
Borissov Denies Peevski Influence, Expresses Confidence In Zhelyazkov Government
Boyko Borissov expressed confidence in the longevity of the Zhelyazkov government, highlighting the inclusion of GERB’s top experts. Speaking after weeks of silence, Borissov reaffirmed his commitment to supporting the cabinet, […]
Bulgaria Faces Record Low Electricity Exports Amidst Slow Energy Sector Reforms
In 2024, Bulgaria’s electricity sector faced significant challenges, with a sharp decline in exports and a rise in domestic consumption. The country’s energy production decreased by 5% compared to the […]
Bulgaria Proposes Agreement To North Macedonia For Corridor 8 Railway Tunnel
Bulgaria has extended an offer to North Macedonia, presenting a draft agreement for the construction and operation of the Corridor 8 border railway tunnel. The document, sent by Bulgaria’s government, […]