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Just 11% of Bulgarians managed to save money in 2022

Just 11% of Bulgarians managed to save some money last year, according to a study by the "Trend" research center. 39 percent said they lived normally, but without being able to make any savings. 19% had to use money from their..

09.01.23 14:05 |

2022 - a good year for business and a bad one for people as inflation deepens inequalities

After two years of pandemic, we welcomed 2022 with the hope for life to return to normal, incomes to rise and society to be back on track. Until, in February, the world faced another crisis - only this time on the war front. It dragged down..

29.12.22 07:05 |

Confederation of Employers and Industrialists in Bulgaria: Bulgaria's Schengen accession should not be delayed any further

"Bulgaria's accession in Schengen should not be delayed any further" , reads an open letter by the Confederation of Employers and Industrialists in Bulgaria (KRIB), addressed to the country’s President, government and National Assembly ...

22.11.22 17:50 |

Meeting of CEI foreign ministers takes place in Sofia

As a chair of the Central European Initiative (CEI), Bulgaria is hosting the Meeting of Foreign Ministers of member states of the initiative in 2022. The event takes place in Boyana Residence in Sofia. On November 7, the foreign..

07.11.22 08:00 |

Economist: Do not pump money from the budget into the economy

“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should..

26.10.22 16:53 |

Insufficient investments and inertial budgets are plaguing Bulgaria’s economy

Different professional groups in Bulgaria have been organizing protests with one sole demand – higher pay. The rise in the prices of electricity and heating, and in food prices has been a major challenge to family budgets. According to some..

25.10.22 12:36 |

EU approves EUR 7 billion for Bulgaria

EU funds amounting to EUR 7 billion have been approved in the last two months  under seven operational programmes . The money will support the Bulgarian economy over the next six years, Deputy Premier Atanas Pekanov said at a briefing at the..

21.10.22 12:04 |

How long will the price storm in Bulgaria rage?

The elections have passed but uncertainty about the future after them remains. To the expectations for a regular cabinet with a longer work horizon, people also add the hope that the MPs will try to control inflation and to raise incomes. Before the..

17.10.22 15:27 |

Bulgarian Minister of Economy starts "Breakfast with Investors" series of meetings

Minister of Economy and Industry Nikola Stoyanov has launched a new initiative with foreign companies working in Bulgaria, in order to improve the business environment and promote investments. The first of the series of meetings..

07.10.22 14:39 |

Bulgaria is facing a crisis of incomes, not of goods

For some people, a crisis equals an opportunity. Is it the same for Bulgarians today, when the elections outlined continuing political instability, prices do not stop their growth, and incomes seem to be "frozen" on the edge of survival? Against this..

05.10.22 15:15 |
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