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Category: Business in Bulgaria

Merkel And Borissov Blocked EU Sanctions Against Turkey At The EU Council
December 20, 2020December 20, 2020

Merkel And Borissov Blocked EU Sanctions Against Turkey At The EU Council

Germany and Bulgaria were the most vocal among the EU countries who blocked sanctions against Turkey at the EU summit on Thursday (10 December), reports EURACTIV. “German Chancellor Angela Merkel […]

Asen Vasilev: Insecurity Creates Problems For Bulgarian Economy
December 20, 2020December 13, 2020

Asen Vasilev: Insecurity Creates Problems For Bulgarian Economy

“The decline of the economy in Bulgaria will be at least 7-8%. The moratorium on loans is the most workable measure, payments under 60/40 or 80/20 scheme are compensatory […]

Rise In The Price Of Electricity In November At The Bulgarian Energy Exchange
December 19, 2020December 19, 2020

Rise In The Price Of Electricity In November At The Bulgarian Energy Exchange

After a short fluctuation in October, the prices of electricity traded on the Energy exchange (BNEB) are going up again, according to the monthly report of BNEB.  In November […]

Bulgaria: Newly Registered Unemployed Are Increasing Sharply
December 19, 2020December 13, 2020

Bulgaria: Newly Registered Unemployed Are Increasing Sharply

The National Statistical Institute reported a sharp increase in the newly registered unemployed in the first week of December – over 14,200 people. The data is from the […]

Despite Pandemic Realty Market Remains Stable In Sofia
December 18, 2020December 13, 2020

Despite Pandemic Realty Market Remains Stable In Sofia

According to an analysis of Bulgarian Properties in 2020, the Sofia realty market remained stable and without significant price changes. It was strongly supported by the behavior of […]

What To Do If Your Flight To Bulgaria Is Cancelled
December 18, 2020December 13, 2020

What To Do If Your Flight To Bulgaria Is Cancelled

Bulgaria is becoming one of the hottest tourist destinations in Europe. Plovdiv became one of only two European Capitals of Culture, alongside Matera in Italy, with […]

EC To Reimburse Bulgaria For African Swine Fever Costs
December 17, 2020December 13, 2020

EC To Reimburse Bulgaria For African Swine Fever Costs

The European Commission has approved the costs that Bulgaria has incurred to combat African swine fever in 2020 and will reimburse 75% of them, the Food Agency reports. This […]

ECB Expands Its Emergency Buying Program By Another €500 Billion
December 17, 2020December 13, 2020

ECB Expands Its Emergency Buying Program By Another €500 Billion

It is expected that the pandemic emergency buying program of the European Central Bank will be expanded by another € 500 billion. This should happen […]

Deputy Premier Donchev: European Union Will Have Record Budget For Coming Years
December 14, 2020December 13, 2020

Deputy Premier Donchev: European Union Will Have Record Budget For Coming Years

Given the availability of a new financial instrument – Next Generation Europe, the EU budget in the coming years will be a record one – by nearly […]

Nestle Bulgaria Invested BGN 23 Million In A Robotic Production Line In Sofia
December 14, 2020December 13, 2020

Nestle Bulgaria Invested BGN 23 Million In A Robotic Production Line In Sofia

Nestle Bulgaria invested another BGN 23 million in a robotic production line at its factory in Sofia. The innovation was presented during an online event […]

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