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Category: Business in Bulgaria

World Bank Lowers Growth Forecast For Bulgarian Economy in 2021
April 16, 2021April 10, 2021

World Bank Lowers Growth Forecast For Bulgarian Economy in 2021

The World Bank expects Bulgaria’s economy to grow by 2.6 percent this year and by 3.3 percent next year, which is respectively 0.7 and 0.4 percentage points less […]

Ivan Kovachev Is The Second Bulgarian On The 2021 Forbes 30 Under 30 List
April 16, 2021April 16, 2021

Ivan Kovachev Is The Second Bulgarian On The 2021 Forbes 30 Under 30 List

Along with actress Maria Bakalova, Ivan Kovachev is the second Bulgarian on the Forbes 30 Under 30 List. Kovachev is the founder of payment and […]

Wizz Air Offers New Summer Route From Sofia To Zakynthos
April 15, 2021April 10, 2021

Wizz Air Offers New Summer Route From Sofia To Zakynthos

Wizz Air, the fastest-growing airline in Europe and the leading airline in Bulgaria, today announced that it is adding a new summer destination to its Sofia […]

Eurostat: Hourly Labour Costs Ranged From EUR 6.5 In Bulgaria To EUR 45.8 In Denmark in 2020
April 15, 2021April 10, 2021

Eurostat: Hourly Labour Costs Ranged From EUR 6.5 In Bulgaria To EUR 45.8 In Denmark in 2020

In 2020, average hourly labour costs across the economy (excluding agriculture and public administration) are estimated at EUR 28.5 for the European Union and EUR 32.3 within […]

Bulgaria: Big Retail Chains Angry At Government For Not Lifting Lockdown And Lack Of Support
April 14, 2021April 10, 2021

Bulgaria: Big Retail Chains Angry At Government For Not Lifting Lockdown And Lack Of Support

Another angry open letter was sent today by the Association for Modern Trade (MTA) , an organization that brings together some of the largest food […]

EC Approves Bulgaria’s Modified Payroll Support Measures
April 14, 2021April 10, 2021

EC Approves Bulgaria’s Modified Payroll Support Measures

The European Commission said on March 30 that it has approved the extension and modification of a Bulgarian wage-support program under the EU state aid temporary framework […]

Iceland Introduces 5-Day Quarantine In Hotels For Arrivals From Bulgaria
April 13, 2021April 13, 2021

Iceland Introduces 5-Day Quarantine In Hotels For Arrivals From Bulgaria

From April 1, Iceland introduces mandatory five-day quarantine in a hotel upon entry into the country for Bulgarian citizens including, the foreign ministry said. The measure applies to arrivals […]

Bulgaria: Only 14 Percent Of Restaurants Agree To Work Using Just Outdoor Spaces
April 13, 2021April 10, 2021

Bulgaria: Only 14 Percent Of Restaurants Agree To Work Using Just Outdoor Spaces

Only 14 percent of dining facilities‘ owners agree to work with their outdoor seating capacity alone. Some of them, though, accept such an option, but […]

Bulgaria: Anti-Epidemic Measures Eased – Health Minister
April 12, 2021April 10, 2021

Bulgaria: Anti-Epidemic Measures Eased – Health Minister

Health Minister Kostadin Angelov issued an order regulating the anti-epidemic measures in Bulgaria for the period April 12 – 30, the Health Ministry press center […]

Stavros Tzimas: Bulgarian Election Result Alarms The West
April 11, 2021April 14, 2021

Stavros Tzimas: Bulgarian Election Result Alarms The West

Last Sunday’s election result has thrown Bulgaria into a period of political uncertainty. Not far from there, alarming developments seem to be unfolding in Ukraine. […]

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