Wizz Air is set to resume its Sofia – Tel Aviv flights starting on August 11, as announced by the airline’s press center. Flights will be available on Tuesdays, Wednesdays, Thursdays and Sundays. Tickets are now available for purchase on the airline’s website and mobile app. Due to the deteriorating situation in the region, Wizz…
Political instability is hindering Bulgaria’s progress toward joining the Eurozone, according to an analysis by the rating agency Scope Ratings. The Berlin-based agency has maintained Bulgaria’s credit rating at BBB+ with a positive outlook in both local and foreign currency. Scope Ratings, an EU and European Central Bank (ECB) recognized external credit rating agency, first…
The Ministry of Tourism is allocating 1.5 million leva for Bulgaria’s presence and advertising on major social networks. This initiative was announced by Acting Minister of Tourism Evtim Miloshev during a parliamentary committee hearing in response to a query from MP Vyara Todeva of “We Continue the Change-Democratic Bulgaria” (WCC-DB). “This is a substantial investment,…
In the first half of 2024, Bulgaria processed 500,000 tons of milk. Cow’s cheese production saw the most significant growth, increasing by 10% compared to the previous year. Conversely, goat cheese production fell by 15%, reflecting a reduction in goat milk production. Butter production also decreased by 27%, while white brine cheese experienced a 5%…
Over 407,000 individuals in Bulgaria have turned to digital assets for investment, according to data from Singaporean fintech company Triple-A. This represents 6.15% of the population who are engaged with crypto wallets. Among these are both companies that facilitate crypto exchanges through digital wallets and users of various centralized trading platforms. “In terms of EU…
In August, natural gas prices in Bulgaria will see a slight increase. The Commission for Energy and Water Regulation has set the price at 60.75 leva per MWh, excluding additional costs such as access, transmission, excise duty and VAT. This price applies to sales by “Bulgargaz” EAD to final suppliers and those licensed for thermal…
In Pomorie, a protest by local wine producers saw a motorcade of tractors, harvesters and cargo trucks take to the streets in response to new requirements set by the Ministry of Finance. The new regulations mandate that winegrowers weigh their harvested grapes in the vineyards and submit real-time electronic declarations to the National Revenue Agency…