In the second quarter of the year, euro area commercial banks unexpectedly tightened the credit approval criteria for business, referring to uncertain economic prospects, according […]
Category: Politics & Elections
Bulgaria Big On Bitcoin As Reserves Could Exceed Its Gold Stash
There is a growing trend across the world for nations to stock up on reserves of assets as a hedge against fiat and influences beyond […]
French-German Consortium “Sof Connect” Wins The Concession For Sofia Airport
The French-German consortium “Sof Connect”, which operates Munich Airport, has been selected as the winner of the concession tender for Sofia Airport, Bulgaria’s Transport Minister […]
Finance Minister Goranov: 2 Billion For The F-16 Planes Is A Serious Fiscal Effort, But We Can Afford It
Two billion for the F-16s is a serious fiscal effort, but the good news is that we can afford it without breaking our laws or […]
IMF: Demographic Problems Stifle The Economic Growth Of Countries In The Region
A decreasing workforce and low productivity of aging employees, coupled with rising pressures on public finances, can cost the economies of Central and Eastern Europe about 1% […]
Bulgarian Government To Revise Budget To Purchase Eight F-16 Jet Fighters
The Council of Ministers will hold an extraordinary meeting today to approve a bill amending and supplementing the 2019 State Budget Act. The bill was […]
Bulgaria Has Fulfilled Practically All Commitments To Enter ERM ll
Bulgaria has fulfilled practically all commitments undertaken a year ago to enter ERM II, also known as the Eurozone waiting room. This is understood by information on […]
The EC Keeps Its Economic Forecast For Bulgaria
The European Commission (EC) keeps its expectations for Bulgaria’s economy in its summer forecast. The GDP growth of our country in 2019 will recover to 3.3% from 3.1% in 2018, […]
The Protected Areas Represent 5.27% Of Bulgaria’s Area
The Council of Ministers adopted the National Report on the Status and Protection of the Environment in 2017. It aims to inform the public and state institutions about the […]
Bulgarians Can Visit 168 Countries In The World Without Visas
Bulgarians can visit 168 countries without visas in the world. This is shown by the passport index data, which is compiled by the Swiss consulting company Henley & Partners. […]