The number of work permits issued by the Employment Agency for foreign workers continues to grow, with projections for this year reaching around 40,000, according to Nikolay Nikolov from the Bulgarian Association for People Management and the Bulgarian Confederation for Employment. Foreign labor primarily comes from two regions, depending on the industry. One group arrives…
SOF Connect, the operator of Vasil Levski Sofia Airport, has announced the start of a large-scale public tender for the design and construction of a new Terminal 3, along with a pre-terminal area, integrated transport hub and extensive modernization of the existing Terminal 2. This is part of a broader investment plan totaling 500 million…
As Bulgaria moves into the summer season, the tempo of political developments remains high, particularly with the country on the brink of a final decision regarding eurozone accession. Within this context, several key narratives are set to unfold over the coming months – narratives that will shape the economic and political climate in the lead-up…
Three Bulgarian regulatory institutions – the Commission for Protection of Competition (CPC), the Consumer Protection Commission (CPCo) and the Communications Regulation Commission (CRC) – are joining forces under a new tripartite cooperation agreement. The pact, signed today, aims to establish coordinated oversight and action in preparation for the country’s adoption of the euro. This initiative…
Bulgaria is preparing for the euro adoption by updating the software of over 460,000 cash registers nationwide. This requirement was highlighted during a national discussion titled “The Effect of the Eurozone”, hosted by the Economic and Social Council. The unanimous support of all eurozone members for Bulgaria’s entry from January 1, 2026, has set the…
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers. The report from the regulator’s working group, published in advance for transparency, included detailed calculations and supplier…
The Confederation of Independent Trade Unions of Bulgaria (CITUB) is pushing for legal amendments that would change how prices are displayed in stores. The proposal suggests that, alongside the retail price, each product should also carry a label showing the price set by the producer or importer. As Bulgaria moves toward adopting the euro, the…