The coronavirus pandemic has deepened economic disparities between Sofia and other Bulgarian regions. It has also resulted in higher unemployment in 2020.
According to the annual report of the Institute for Market Economics on the development of the Bulgarian regions, Sofia, Plovdiv, Varna and Burgas continue to attract 70% of the total investments. Sofia district, Gabrovo and Stara Zagora also manage to attract investments, yet at a smaller scale. Demographic processes remain the main impediment to growth. The population continues to decline. Except for Sofia and Kardzhali districts, in other Bulgarian regions the number of adults over 65 form one-third of the active population. Population growth has been marked in all municipalities in Kardzhali district.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a..
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