Bulgaria meets three of the four economic convergence criteria needed to join the Eurozone. This is stated in a report released yesterday by the European Commission. The criteria […]
Category: Business in Bulgaria
The Postponement Is a Fact! Bulgaria Will Use Russian Oil – Port of Burgas Will Be The Only One In EU For Import
Prime Minister Kiril Petkov said in Brussels that he was “very happy” that the agreement reached yesterday with European partners had been confirmed and that Bulgaria would have a […]
The Bulgarian State Will Pay You If You Report Someone For Hidden Taxes
The quadruple ruling coalition is planning a controversial incentive to increase tax and social security collection. The government proposes that from 2023 a bonus be introduced for every citizen […]
Bulgaria: Nearly 40% Increase In The Price Of Heating Is Planned By The Energy Commission
From July 1, the Energy and Water Regulatory Commission (EWRC) proposes that the price of heating for household consumers increase by an average of 39% and that of electricity – by an average […]
Bulgaria Officially Adopted The National Plan For Introduction Of The Euro In 2024
“The Council of Ministers adopted the National Plan for the Introduction of the Euro in 2024”. This was announced by Deputy Prime Minister and Minister of Finance […]
EC: Bulgaria Should Reduce Its Overall Dependence On Fossil Fuels And Their Imports
Bulgaria should reduce its overall dependence on fossil fuels and their imports by accelerating the development of energy from renewable sources – this recommendation is contained in the spring package […]
European Commission Proposed An Armaments Plan To Ensure The Security Of The EU
“The EU needs to expand its military investments in order to replenish the stockpile of weapons provided to Ukraine in the short term.” This was stated on […]
Von der Leyen: EU plans €300 billion Investment To Get Rid Of Russian Fossil Fuels
The European Union intends to mobilize up to 300 billion euros in investment by 2030 to end its dependence on Russian oil and gas, European […]
Bulgaria: Annual Inflation In April Was 14.4%
Inflation for April compared to March was 2.5 percent, according to the National Statistical Institute. Inflation since the beginning of the year (April 2022 compared to December 2021) is 7.8 percent, […]
What Are The Anti-Crisis Measures Announced By The Bulgarian Government
Bulgaria’s Prime Minister Kiril Petkov, the Deputy Prime Minister and Minister of Finance Asen Vassilev and the Minister of Energy Alexander Nikolov met with representatives of employers’ organizations and trade unions in the […]