A new factory built with Czech investment officially opened its doors in Plovdiv, marking one of the largest foreign investments from the Czech Republic in Bulgaria. The event was attended by Bulgarian President Rumen Radev and Czech Ambassador Miroslav Toman, who both highlighted the project’s importance for the region and bilateral relations. The facility, developed…
Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project, despite the latest push by the European Commission to end Europe’s dependence on Russian gas. Zhelyazkov stressed that the pipeline was not politically driven, but rather a well-structured business initiative that contributed significantly to energy security…
Wizz Air has launched a new flight connection between Sofia and Krakow, Poland. The carrier now offers flights on this route three times a week – on Mondays, Wednesdays and Fridays. Tickets are available through the airline’s website and the airline’s mobile app, starting from BGN 50.99. The new Sofia-Krakow flights began on June 16.…
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB). This is the first bond issue following the favorable assessments from both the European Central Bank and the European Commission regarding Bulgaria’s progress toward…
In April, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022, according to the latest data from the Bulgarian National Bank (BNB). This figure contrasts with a deficit of 505.8 million euros in the same month last year. Over the first four months of 2025, the…
Several Bulgarian banks have introduced a period during which individuals can deposit cash in leva into their accounts free of charge. The initiative is part of preparations for the country’s adoption of the euro on January 1 next year. According to Tsvetanka Mincheva, Deputy Chair of the Association of Commercial Banks in Bulgaria, leva deposits…
The introduction of dual pricing in leva and euro is progressing smoothly and, in some cases, even ahead of the planned timeline in Bulgaria. That was the assessment of Nikolay Valkanov, Executive Director of the Association for Modern Trade. According to him, businesses are moving at full speed in their preparations, and the sector is…