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…
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 1.7 billion leva in the first eight months of the…
Foreign direct investment in Bulgaria in the first seven months of 2022 stood at 924.9 million euro, the equivalent of…
Unemployment in Bulgaria in August reached its lowest value for this month – 4.3%, the Employment Agency reported, quoted by BTA. The number…
Bulgaria’s economy grew by 0.8 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 1.52 billion leva in the first seven months of the…
In the April-June period, the economy grew by 4.8% compared to the second quarter of the previous year, NSI reported. Compared to the…
In the first half of 2022, the total value of all goods exported from Bulgaria amounted to 45.75 billion leva,…
Bulgaria‘s gross domestic product last year reached a record 68 billion euros, growing by 3.6% with inflation of 3.3 percent….
Is the national debt growing or melting is a topic that, especially in the last year, has become a political baton. The…
In May, the Bulgarian industry reported another record in industrial production – again the highest production index was reported since…
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 605.1 million leva in the first five months of the…
Unemployment in Bulgaria in May 2022 was 4.3 per cent, unchanged from the previous month and down from 5.4 per…
