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Category: Europe

The Credits Of Bulgarians Are 34 Billion Leva – Mortgages Continue To Grow
June 12, 2023June 8, 2023

The Credits Of Bulgarians Are 34 Billion Leva – Mortgages Continue To Grow

At the end of March 2023, the deposits of the non-governmental sector in Bulgaria were close to BGN 119 billion (67.3 percent of GDP), and their […]

The Visits Of Foreigners Are Growing More Than The Trips Of Bulgarians Abroad
June 12, 2023June 7, 2023

The Visits Of Foreigners Are Growing More Than The Trips Of Bulgarians Abroad

The trips of Bulgarian citizens abroad in March were 570.1 thousand, or 5.9% more than those registered in March 2022. The most trips were made to Turkey – 162.9 thousand, Greece […]

The Bulgarian Company Dronamics Showed The First Flight Of Their Cargo Drone
June 11, 2023June 7, 2023

The Bulgarian Company Dronamics Showed The First Flight Of Their Cargo Drone

Dronamics, the company founded by brothers Svilen Rangelov and Konstantin Rangelov, announced that it had made the first successful flight of its cargo drone. The test was […]

The Trade Promotion Europe Annual Conference Was Held In Brussels
June 11, 2023June 7, 2023

The Trade Promotion Europe Annual Conference Was Held In Brussels

On May 24, the annual conference of Trade Promotion Europe was held in Brussels under the title – “European small and medium sized exporters: Challenges and opportunities”. This year […]

Finance Ministry: If There Is No New Budget By June 10 – Bulgaria Could Only Spend As Much As It Collects
June 10, 2023June 7, 2023

Finance Ministry: If There Is No New Budget By June 10 – Bulgaria Could Only Spend As Much As It Collects

If after June 10 there is no adopted budget for the year or a new extension of last year’s budget, the state will only be able to spend as much […]

Bulgaria Might File A Claim Against Gazprom
June 9, 2023June 7, 2023

Bulgaria Might File A Claim Against Gazprom

“The probability of Gazprom requesting and winning an arbitration case against Bulgaria has been minimized. We are thinking in the direction of filing claims against ‘Gazprom’”, acting Minister of […]

Kristalina Georgieva: There Is No significant Slowdown In Lending
June 9, 2023June 7, 2023

Kristalina Georgieva: There Is No significant Slowdown In Lending

“The International Monetary Fund has yet to record enough banks cutting back on lending, and that could prompt the US Federal Reserve to reverse course with the rate […]

The EC Plans To Extend The Ban Of Imports Of Ukrainian Wheat To Bulgaria And 4 More Countries
June 9, 2023June 7, 2023

The EC Plans To Extend The Ban Of Imports Of Ukrainian Wheat To Bulgaria And 4 More Countries

The European Commission plans to extend until September 15th the term of the prohibition of imports of Ukrainian wheat, corn, rapeseed and sunflower in Bulgaria, Hungary, Poland, Romania and Slovakia. This […]

Over 75% Of Bulgarians Have Difficulty Covering Their Daily Expenses
June 8, 2023June 7, 2023

Over 75% Of Bulgarians Have Difficulty Covering Their Daily Expenses

An NSI survey shows that more than 75% of respondents had difficulty covering their daily expenses in the first three months of the year. The data is from […]

Asen Vassilev: Within 2 Weeks Bulgaria Will Have A Draft Budget 2023 With A 3% Deficit
June 8, 2023June 7, 2023

Asen Vassilev: Within 2 Weeks Bulgaria Will Have A Draft Budget 2023 With A 3% Deficit

Asen Vassilev, the nominee for Minister of Finance in the Denkov-Gabriel cabinet, said that if the government is voted in today, work on Budget 2023 will begin tomorrow. […]

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