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…
Moody’s has projected that Bulgaria will join the Eurozone until the beginning of 2026. However, any signs of weakening institutional frameworks or further delays in adopting the euro could lead to a downgrade in Bulgaria’s credit rating, according to the rating agency’s recent announcement. This announcement, part of Moody’s periodic review of Bulgaria’s credit profile,…
The Budget Committee has approved both bills submitted by the Council of Ministers for the introduction of the euro and the Law on Credit Institutions. To address the unstable political situation and the risk of early elections, the committee decided to grant a mandate to the Ministry of Finance. This mandate allows the ministry to…
Sunny Beach has been recognized as one of the most affordable holiday resorts in Europe, according to a recent study by a British tourism publication. This recognition follows its inclusion in the Top 100 ranking of the world’s most famous beaches. In the latest ranking, Sunny Beach outperformed 15 other top destinations, including the Algarve,…
The consumption of red wine is declining compared to white and rose varieties, according to Atanas Vassilev, chairman of the National Association of Bulgarian Vintners (NABV). Vassilev noted that red varieties were primarily being used to produce rose wine, which had led to difficulties in selling red wine. He explained that from 100 kg of…