A new route will soon link Plovdiv and Birmingham, enhancing travel options between the second largest cities of Bulgaria and the UK. Ryanair has announced that it will operate direct flights between the two cities, with the inaugural flight scheduled for November 2. One-way tickets for the new service start at 35 euros. Birmingham, which…
In July, annual inflation in the Eurozone increased slightly to 2.6%, up from 2.5% in June. For the entire European Union, inflation reached 2.8%, rising from 2.6% the previous month, according to Eurostat. In Bulgaria, annual harmonized inflation also held steady at 2.8% in July, the same as the average for the EU. This marks…
Due to ongoing political challenges, Bulgaria’s accession to the Eurozone is now projected to occur no earlier than 2026. Despite positive evaluations from Eurozone leaders about progress made earlier in the year, the country’s persistent political instability and failure to meet necessary criteria have led to this further delay. Originally slated for January 2024, Bulgaria’s…
The price of Bulgarian vegetables has risen by nearly 15% compared to the same time last year. Currently, domestically produced cucumbers are the most expensive, with prices reaching 4 leva per kilogram. Rosen Petrakiev, a veteran vegetable grower from the town of Martin, explained that the extreme heat has negatively impacted both the quantity and…
Sales of luxury cars in Bulgaria have surged significantly over the past year, according to new data from the Ministry of the Interior. The Bulgarian market has seen a notable increase in the number of high-end vehicles, with approximately 880 people now driving cars from brands such as Aston Martin, Bentley, Bugatti, Lamborghini, Lotus, McLaren,…
In July, inflation in Bulgaria decreased to 2.4% on an annual basis, according to recent statistics from the NSI. However, compared to the previous month, the inflation index rose by 0.8%, reversing a trend of decline observed in recent months. This increase is primarily attributed to higher prices for tourist services and establishments. Seasonal factors…
Bulgaria’s foreign trade has been experiencing a decline since the start of the year, according to recent data from the National Statistical Institute. In the first five months of the year, both exports and imports saw reductions. Exports fell by 6.2% compared to the same period in 2023, totaling 22.2 billion leva. Major export destinations…