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 […]
Author: bulgarianbusinessinsideroffici
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, […]
Bulgaria’s State Debt Projected To Rise Significantly Through 2028
The Bulgarian Ministry of Finance has projected a significant increase in the state debt over the period from 2025 to 2028, estimating a rise of about 1.7 times. According […]
Bulgaria’s Employers Push For Continued Electricity Price Compensation In 2025
Employers’ organizations in Bulgaria are urging the government to extend the compensation program for high electricity prices into 2025. In a recent letter, they highlighted the sharp increase in electricity prices, with […]
President Rumen Radev To Hold Consultations With Parliamentary Groups Starting December 10
President Rumen Radev will begin consultations with parliamentary groups in the 51st National Assembly on December 10, according to the press office of the President. […]
Economic Impact of Schengen Membership: Bulgaria Stands to Gain Substantial Benefits
Bulgaria’s admission to the Schengen area could bring substantial financial benefits, amounting to an estimated 1.63 billion leva annually. This projection comes from a study conducted by […]
Bulgaria’s ‘Quiet Revolution’: 35 Years Since The End Of One-Party Rule
Thirty-five years have passed since the pivotal beginning of Bulgaria’s transition from a one-party system to democracy and a market economy. On November 10, 1989, […]
Alexandra Feigin Takes Silver Medal For Bulgaria At International Figure Skating Tournament
Bulgarian figure skater Alexandra Feigin secured a silver medal in the women’s division at the Denkova-Staviski Cup, held at Sofia’s Winter Palace. Representing the Albena […]
American Lawyer Warns Bulgaria Seen As Risky Investment Due To Corruption And Russian Ties
In the United States, Bulgaria is viewed as a risky investment destination due to its connections with Russian oligarchs and China, along with concerns over transparency that […]
Bulgaria To Receive AMRAAM Missiles In $1.2B US Contract
The US Department of Defense has awarded a contract valued at nearly 1.2 billion dollars to the American company Raytheon for the production of AMRAAM (Advanced Medium Range Air-to-Air […]