Foreign direct investment (FDI) in Bulgaria reached EUR 1.4 billion in May, marking a notable increase of 46.9% compared to the same month in the previous year, data from the Ministry of Innovation and Growth and the Bulgarian National Bank showed. For comparison, in May 2024, the total volume of FDI was EUR 948 million.…
The consumer basket currently stands at 101 leva (51.64 euros), compared to 94 leva (48.06 euros) in the same period in 2024. The increase was 7 leva (3.58 euros). This was announced at a briefing by Vladimir Ivanov, Chairman of the State Commission for Commodity Exchanges and Markets. He presented the commission’s weekly review of…
The head of Bulgaria’s National Association of Grain Producers Iliya Prodanov has warned that this year’s severe drought and high temperatures are set to cause extremely poor yields for sunflower and corn crops. He noted that while the wheat harvest was nearing completion in Northern Bulgaria, and the quality appeared promising, spring crops were already…
Despite a slight uptick in inflation for June, Bulgaria continues to meet the eurozone’s price stability requirements, according to Eurostat data. The country’s average annual inflation, calculated through the Harmonized Index of Consumer Prices (HICP), stood at 2.8% last month. This remains within the acceptable threshold for eurozone entry, which currently allows for a rate…
As Bulgaria stands on the verge of adopting the euro, the country faces a sharp rise in counterfeit banknotes, with the second quarter of 2025 seeing a record number of fakes circulating. The surge is especially pronounced in the 100 leva bills, where counterfeit detections jumped from just 31 in the first quarter to 661…
Bulgaria continues to hold a leading position in the European Union when it comes to the share of women working in the information technology sector. According to the most recent Eurostat data for 2024, women make up 27% of all IT specialists in the country. This places Bulgaria third in the EU ranking, following Estonia…
In the first quarter of 2025, Bulgaria experienced one of the steepest increases in house prices across the European Union, coming in second only to Portugal. Property values surged by 15.1% compared to the same period last year, significantly outpacing the EU average growth rate of 5.7%, according to data from Eurostat. This positions Bulgaria…