Bulgarian Prime Minister Boyko Borissov on Thursday expected the progress of construction of the Gas Interconnector Greece-Bulgaria. “This is a geostrategic project for both Bulgaria […]
Category: Business in Bulgaria
Bulgarian Trade Unions: By 2025 Minimum Wage Should Be Over BGN 2,400
By the end of the new government‘s tenure in 2025, we believe that we should and can reach GDP of 67%. In 2019 it was […]
Bulgarian Taxpayers Paying For Official’s Cheap Vacations
Remnants of a communist-era hotel and resort network that once provided subsidized vacations for millions of Bulgarian workers still exist. But more than three decades […]
Bulgarian National Bank Reports Boom In Bad Fast Loans
Against the backdrop of quick money ads flooding the public domain, the Bulgarian National Bank reported a boom in un-serviced fast loans. By the end of December 2020, the […]
Bulgaria Will Sell Debt Worth BGN 200 Million
Bulgaria will hold the second for 2021 bond sale auction on February 22, 2021. The Bulgarian National Bank will then hold an auction for the sale of the securities, the […]
Bulgaria: Ministry Of Economy Greenlighted Seven Investment Projects Worth BGN 176 Million
Since the start of the year, Economy Minister Lachezar Borisov has signed seven investment certificates under the Investment Promotion Act, worth a total of BGN […]
Expensive Carbon Emissions Will Not Affect The Price of Electricity In Bulgaria (At Least For Now)
In recent months, the price of carbon dioxide (CO2) emissions has increased significantly and is already above the forecast of the Bulgarian Energy and Water […]
Pandemic Made World Governments Loosen Purse Strings, Does Their Generosity Have Limits?
The Covid-19 pandemic has triggered an unprecedented crisis around the world, even more severe than the financial and economic crisis of 2008. This has led governments to […]
Bulgarian PM Borissov: We Spent An Additional EUR 3 Billion On Wages And Pensions
Bulgaria’s government has spent an additional EUR 3 billion on wages and pensions during its current term of office as compared to 2017, this country’s […]
Kenya: Safari And Sandy Beach Just a Charter Flight Away For Bulgarians
For the first time, Bulgarian tourists can reach Kenya by direct flight from Sofia. Kenya is another country that is already directly connected with Bulgaria. The trip for a safari […]