BGN 18.3 million in profit for the first six months of this year is reported by the Bulgarian Development Bank. The increase is 20% compared to the […]
Category: Politics & Elections
Minister Rossen Zhelyazkov: 5G Technology Is A Revolution For the Economy, Industry, And Society
5G Technology is a revolution for the economy, industry, society, and people.” This was announced by the Minister of Transport, Information Technology, and Communications Rosen Zhelyazkov during the first call through […]
ECB Reports Tightening Of Bank Lending Standards In The Second Quarter Of The Year
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 […]
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, […]