The Southern Black Sea coast is preparing for a successful and peaceful summer season, the Minister of Tourism Evtim Miloshev has announced after discussions with local authorities and control institutions. Expectations are high for increased tourist enrollment and institutional readiness. Burgas Airport has announced plans to open new routes, boasting a total of 85 destinations…
Real estate holdings of Bulgarians span every continent except for Antarctica, with people possessing properties in 59 nations worldwide. These holdings include residences on exotic Caribbean islands like Aruba, the Netherlands Antilles and the British Virgin Islands. As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data…
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10. Meanwhile, the purchase price of lambs based on live weight stands…
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify. CITUB President Plamen Dimitrov unveiled striking statistics during a press conference, sourced from the Institute for Social and Trade Union Research and Training’s (ISSIO) Monitoring of Consumer Prices and Living Wage report…
Minister of Finance, Lyudmila Petkova, revealed the nation’s fiscal reserve, standing at BGN 10.9 billion as of April 18, amidst financial fluctuations and strategic fiscal decisions. Petkova, addressing reporters, elucidated the trajectory of the fiscal reserve, providing insights into its recent fluctuations and underlying dynamics. Notably, she highlighted the concerted efforts to bolster the reserve,…
Bulgaria’s anticipated entry into the Eurozone is shadowed by uncertainty, as officials caution that the prospect may be delayed amidst persisting inflation challenges. Dimitar Radev, Governor of the Bulgarian National Bank (BNB), and former Minister of Economy Bogdan Bogdanov, shed light on the pressing issues hindering Bulgaria’s path to Eurozone accession in interviews with media…
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB). Speaking from Washington during the annual Spring meetings of the World Bank and the International Monetary Fund, Radev outlined a timeline…