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 […]
Category: Business in Bulgaria
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 […]
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, […]
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 […]
Fire In Rila National Park Continues Unabated For Nearly A Week
The battle against the large fire in Rila, above Dupnitsa, has been ongoing for nearly a week, with efforts intensifying as the blaze continues to spread. Due to the fire’s […]
Putin’s Decree: Russia Opens Doors To Those Rejecting Western Values
In a move reflecting its ongoing ideological battle with Western values, Russia has declared itself a “safe haven” for those looking to escape what it terms as “destructive neoliberal […]
Rapidly Spreading Fires In Rila And Bulgarian-Turkish Border Challenge Firefighters
A fire that ignited last night in the high parts of Rila is spreading rapidly, with flames now advancing at an altitude of around 2,300 meters. The fire is located in […]
Generational Shift: Nearly Half Of Bulgaria’s Workforce Will Be Over 55 By 2044
n the next 20 years, nearly half of Bulgaria’s workforce is expected to be over the age of 55, reflecting a significant aging trend in the country. A study by […]