Seventeen years after joining the European Union, Romania and Bulgaria have achieved a significant milestone: the removal of land border…
The Organization for Economic Co-operation and Development (OECD) has projected that Bulgaria will join the eurozone in 2026. The organization…
Bulgaria’s admission to the Schengen area could bring substantial financial benefits, amounting to an estimated 1.63 billion leva annually. This…
Bulgaria’s economy grew by 0.5% in the third quarter of 2024, compared to the previous quarter’s growth of 0.6%, according…
In 2023, the unemployment rate for 15-74 years old in the European Union fell to 6.1 per cent of the labour force, the lowest…
Bulgarians Favor Diesel Cars as Electric Vehicle Sales Plummet: September Market Report In September 2024, Bulgaria saw the purchase of…
A new ranking by William Russell, a company specializing in insurance for expats (people living outside their home country), places Bulgaria…
The World Bank is projecting 2.2 per cent economic growth in Bulgaria in 2024, an increase of 0.1 percentage points…
Property prices in Bulgaria continue to experience significant growth, with data from the National Statistical Institute revealing a 15.1% increase…
According to the latest Global Property Index from international consulting firm Deloitte, Bulgaria boasts the highest number of dwellings per…
Bulgaria ranks 35th in the 2023 list of the wealthiest countries, with net financial assets per capita amounting to 16,410 euros. The Global Wealth Report,…
A recent survey has ranked the best metro systems in Europe, revealing surprising results about the leaders in public transportation….
In June, Bulgaria’s services sector saw a monthly production increase of 0.6 percent, while Eurostat data showed a decline in…
Sofia Airport is set to undergo a significant transformation with the introduction of Terminal 3, aimed at establishing the airport as the first 5-star regional hub…
According to Forbes, choosing the perfect city for retirement in Europe can be challenging, but a recent study by business solutions firm Moneypenny…
Moody’s has projected that Bulgaria will join the Eurozone by the beginning of 2026. However, any signs of weakening institutional frameworks or further delays in…
Bulgaria remains committed to joining the Eurozone as swiftly as possible, with technical preparations progressing well. This was emphasized by Deputy Prime Minister…
Bulgaria’s step towards joining the Eurozone got a big thumbs-up from European Commissioner for Economy, Paolo Gentiloni. He confirmed this…
Sofia, the lively capital of Bulgaria, is undergoing a remarkable economic transformation, surpassing the average European standard of living, as…
In its recent macroeconomic report unveiled on Tuesday, the Bulgarian National Bank (BNB) has unveiled optimistic forecasts for Bulgaria’s economic…
Renowned actor and Nobu Hospitality co-founder, Robert De Niro, is set to elevate Bulgaria’s hospitality scene with the debut of…
Jean-Francois Dauphin, the head of the International Monetary Fund (IMF) mission in Bulgaria, has expressed confidence that Bulgaria’s accession to…
The long-standing question of why major tech players have overlooked Bulgaria seems to have been answered, albeit in a surprising…
Bulgaria has emerged as the leader in new car registrations across the European Union in 2023, witnessing an impressive year-on-year growth of 31.5%, totaling…
Foreign direct investment (FDI) from the US to Bulgaria exceeded BGN 5.5 billion by the end of 2021, while that…
In the third quarter of 2023, the Bulgarian economy experienced a 0.4% growth compared to the preceding quarter, maintaining a similar growth pattern seen earlier. Announced by…
Bulgaria’s annual consumer price index (CPI) recorded 5.8 per cent inflation in October 2023, down from 6.3 per cent a…
The seventh opening planned for 2025 reinforces Hyatt’s commitment to the market as the current largest hotel operator in Bulgaria…
The government adopted an update of the National Plan for the introduction of the euro in Bulgaria. The changes in…
In 2022, the goods exported from Bulgaria amounted to 92 917.8 million leva, 35.8 per cent more than in 2021,…
Bulgaria’s economy grew by 0.4 per cent in the second quarter of the year, according to preliminary data announced by…
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 117.7 million leva in the first half of the year,…
The sales of new cars in Bulgaria jumped by 15% for the first six months of the year, according to the registration data of the “Road…
The trips of Bulgarian citizens abroad in May 2023 were 772.5 thousand, or 5.9% more than in the same month last year, announced the…
Bulgarian exports continue to grow and in 2022 reached 50.25 billion dollars, or 21% more than in 2021, when it was 41.9…
SOF Connect has unveiled plans to redevelop and modernize Sofia International Airport over the next decade. Sofia International Airport’s (SOF)…
More tourists, more overnight stays, mainly in hotels of a higher category, and a significant increase in the income of hoteliers, reports the…
In January and February 2023, goods worth BGN 14,769,300,000 billion were exported from Bulgaria, which is 13.9% more than in the same period of 2022….
Bulgaria had the lowest hourly labour costs in the European Union in 2022, EU statistics agency Eurostat said on March…
In January 2023, the total value of all the goods exported from Bulgaria amounted to 7 689.1 million leva, which…
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 470.6 million leva in the first month of the year,…
Moody’s confirmed Bulgaria‘s long-term rating in foreign and local currency Baa1 with a stable outlook, reports the Ministry of Finance. According to Moody’s, Bulgaria can still meet…
Bulgaria’s economy is projected to have grown by 3.1 per cent in 2022, the World Bank said in its January…
In January – October 2022, the total value of all the goods exported from Bulgaria amounted to 79 004.3 million…
Bulgaria’s economy grew by 0.6 per cent in the third quarter of the year, according to preliminary data announced by…
The international rating agency “Standard & Poor‘s” confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency – three times B and A minus two….
The international rating agency Fitch Ratings confirmed the long-term credit rating of Bulgaria in foreign and local currency ‘BBB’ with a positive outlook. Bulgaria‘s rating is…
Foreign direct investment in Bulgaria in the first nine months of 2022 stood at 1.47 billion euro, the equivalent of…
Bulgaria’s economy grew by 0.6 %in the third quarter of the year, the National Statistical Institute (NSI) said in a…
Unemployment in Bulgaria in September 2022 was 4.6 per cent, unchanged from July and August and down from the 4.8…
