Property prices in Bulgaria continue to experience significant growth, with data from the National Statistical Institute revealing a 15.1% increase over the past 12 months leading up to June. In the second quarter of the year, prices rose by 3.4%. This impressive rise positions Bulgaria among nine EU countries that have seen property prices increase…
In August, 733,000 Bulgarians stayed at hotels, motels and campsites within the country, while another 500,000 traveled abroad during the same period, according to the National Statistical Institute’s (NSI) report on tourism and accommodation revenues for the peak holiday month of the year. The number of domestic tourists this August was higher compared to the…
Bulgaria remains the EU’s poorest country, with a minimum wage that feels out of reach compared to central European standards. While a minimum wage above 1,500 euros may seem unrealistic for many Bulgarians, in the heart of Europe these figures are quite common. Across the EU, minimum wages range from 477 euros per month in…
Bulgarian farmers impacted by the import of agricultural crops from Ukraine are set to receive 200 million leva in compensation, as part of the government’s allocation from the so-called “Ukrainian aid” package. The remaining 125 million leva of the agreed funds will be discussed in a meeting at the Ministry of Finance with Deputy Prime…
Bulgarian farmers and grain producers in the Kyustendil region are expressing their dissatisfaction over the delayed payments promised under the “Ukrainian aid” scheme. Despite a recent meeting, they remain on high alert, prepared to strike if their concerns are not addressed. Producers, including those from the village of Bagrentsi and beyond, are facing significant challenges,…
Bulgaria’s Deputy Prime Minister and Finance Minister Lyudmila Petkova confirmed that the draft budget for 2025 would target a deficit of no more than 3% of the country’s GDP. This assurance was made during a meeting with European Commissioner for Economy Paolo Gentiloni ahead of the Eurogroup meeting, according to a statement from the Ministry…
Plovdiv Airport has announced the resumption of direct flights to Manchester, with the inaugural flight scheduled to depart on December 14. This development comes thanks to the support from the Development Fund, which has been instrumental in facilitating this service. The new flights will be available twice a week, offering convenient departures from Plovdiv at…