Bulgarian MPs have called for the accelerated adoption of the euro, but the finance minister explains that this is not feasible. The Committee on Budget and Finance voted on a decision urging the caretaker government to expedite the practical preparations for the euro’s adoption in Bulgaria. This draft decision was submitted by Boyko Borissov and…
Primorsko and Kiten, two popular summer destinations on the Bulgarian Black Sea coast, are experiencing a busy tourist season. Zdravko Vasilev, a local resident who had captured photos of the crowded beaches, reported that tourist interest in these resorts remained high despite challenges facing local businesses. During an appearance on Nova TV, Vasilev commented that…
Bulgarian restaurateurs and hoteliers are forecasting widespread bankruptcies due to soaring electricity costs. The industry is calling for urgent intervention to prevent potential price hikes for goods and services. Atanas Dimitrov, vice-president of the Bulgarian Hotel and Restaurant Association (BHRA), highlighted a troubling trend of sharp increases in electricity prices during the summer season over…
Organizers of the Webit conference have expressed serious concerns about a potential international scandal due to the Bulgarian government’s inaction, despite the country being designated as a partner for this year’s event. In a letter addressed to the Acting Prime Minister Dimitar Glavchev, Plamen Rusev, the executive chairman of the Webit Foundation, highlighted the problem.…
Bulgaria has officially signed a contract for a feasibility study on the development of an East-West energy corridor. This agreement, which involves grant funding of nearly $1.5 million from the US Trade and Development Agency, is a significant step forward in the country’s energy sector. Energy Minister Vladimir Malinov commented on the signing, highlighting that…
Beer production in Bulgaria increased by 4% YoY as of the end of June, with 45% of annual sales traditionally occurring during the four warmest months of the year, according to the Union of Brewers ahead of their professional holiday, celebrated on Ilinden. Over the past 18 months, Bulgarian brewers have introduced 15 new beers,…
According to a survey by the National Center for Parliamentary Studies (NCPI), a unit of the Bulgarian National Assembly, approximately 60% of Bulgarians oppose the adoption of the euro. This extensive study, covering a variety of topics, was conducted on May 1-16 among 1,000 Bulgarian citizens and was representative of the adult population. The findings…