Representatives of the hotel and restaurant sector in Bulgaria are calling for a reduced VAT rate of 9%, arguing that rising fuel prices are putting serious pressure on their businesses. According to industry organizations, such a measure is necessary to avoid closures and stabilize the sector during a period of growing costs. They warn that…
Preliminary data from the National Statistical Institute (NSI) indicated that consumer prices in Bulgaria increased by 0.7% in March on a monthly basis, while annual inflation reached 3.9%, according to the agency’s flash estimate. The NSI has recently begun publishing so-called “flash inflation” figures, providing early readings on price dynamics before the release of full…
A meeting of the Deputy Prime Minister for the Reconstruction of Ukraine – Minister of Community and Territorial Development with the Minister of Transport and Communications of the Republic of Bulgaria, Korman Ismailov, took place in Kyiv. The parties discussed key issues of cooperation in the transport sector. One of the central issues was the…
From May 20, around half of Bulgarian short-term rental listings are expected to disappear from platforms such as Airbnb and Booking, as new EU rules on digital registration and data exchange come into force. The information was reported by TravelNews, citing Boris Pavlov, chairman of the Bulgarian Association for Tourist Properties and Innovations (ATII) and…
Ukraine and Bulgaria have discussed a range of joint initiatives in key sectors, including energy, defense, and transport, with a focus on developing alternative energy routes for Europe. Ukrainian Prime Minister Yuliia Svyrydenko and Bulgaria’s Acting Prime Minister Andrey Gyurov held talks and agreed to prepare a joint roadmap outlining practical steps for cooperation between…
New car sales in the European Union showed a modest recovery in February, rising by 1.4%, to a total of 865,437 units compared with the same month last year. This follows a 3.9% drop in January, signaling a slight rebound in the market. In Bulgaria, the increase was far more pronounced, with new registrations climbing…
Bulgaria saw a sharp rise in labor costs at the close of 2025, with total employer expenses per hour worked increasing by 13.9% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. The rise was more pronounced in the services sector, which…