A new drop in annual inflation is reported by the National Statistical Institute. Monthly inflation is -0.1%, and annual inflation is 6.3%. Inflation was measured by the Consumer Price Index (CPI), with monthly inflation for September […]
Category: Business in Bulgaria
Bulgaria Maintains Its Second Place In The EU Among Countries With The Lowest Debt
Bulgaria retains its second place in the EU among the countries with the lowest debt, according to the latest official data from Eurostat from July 2023. This was announced […]
Unconfirmed: Lukoil Is Selling The Oil Refinery In Burgas According To Bulgaria’s Finance Minister
“Lukoil” has started a procedure for the sale of the oil refinery in Burgas, Finance Minister Asen Vassilev said in an interview with the British newspaper “Financial Times”. According to […]
The Bulgarian Government Will Allocate 27.5 Million Leva To Small And Medium-Sized Farmers
With the decision of the Council of Ministers, 27.5 million leva will be allocated today to support agricultural producers. Thus, the funds for the sector under the de […]
Bulgaria’s Economy Grew By 3.9% In 2022
Bulgaria’s economy grew by 3.9 percent in 2022, according to updated data from the National Statistical Institute, exceeding preliminary data for a 3.4 percent growth. The upward […]
Lukoil Refuted The Bulgarian Finance Minister – It Is Not Selling The Refinery
Shortly after Finance Minister Asen Vassilev told the Financial Times (FT) that there was interest in buying the Burgas refinery, Lukoil denied it. “LITASCO SA”, which is the main shareholder […]
The European Commission Is Addressing Bulgaria’s Transit Tax For Russian Gas Imposed On Serbia And Hungary
The European Commission is addressing the transit tax introduced by Bulgaria for Serbia and Hungary for Russian natural gas, European Commission spokesman Olof Gill said: “We are evaluating and discussing with the […]
In One Year: Inflation In Bulgaria Has Halved But Prices Continue To Rise
In one year, inflation in Bulgaria has halved, but consumer prices continue to rise. The price increase is most significant for food and fuel. On the threshold of the cold season, […]
Bulgaria: The State Debt For 2022 Is Over 37.85 Billion Leva – The Deficit Is 2.9% Of GDP
The budget deficit in the “State Government” institutional sector for 2022 is 4,859,000,000 leva, NSI reports. This is 2.9% of GDP. The deficit in the “Central Government” sub-sector amounts […]
Bulgaria: “Lukoil” Promised To Pay 500 Million Leva In Taxes In Order To Preserve The Derogation Of Russian Oil
The “Lukoil – Neftohim” refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and […]