The Bulgarian National Bank (BNB) has launched an auction to sell scrap Bulgarian coins after the country adopts the euro. The central bank expects to gather a total of about 7,744,450 kg of coins, with 52,143 kg currently in its possession, while the remaining 7,692,307 kg will be made available once withdrawn from circulation. Under…
Dr. Boyko Takov, Executive Director of the Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), has provided an economic analysis. Exports are often overlooked in favor of investments. While foreign direct investment is undoubtedly important, we must also recognize the critical role of exports. From an economic point of view, the export of products, services…
A large-scale inspection campaign at fuel stations across Bulgaria began this morning, as announced by Prime Minister Rosen Zhelyazkov before the government meeting. The operation is being carried out by several state bodies, coordinated by the Interdepartmental Coordination Center for Counteracting Smuggling. Zhelyazkov stated that the campaign involved key agencies, including the Ministry of Interior,…
The Ministry of Finance expects wage growth to reach 9.1% in 2025, largely driven by the recent increase in the minimum wage and wage hikes in certain public sector roles. However, wage growth is anticipated to slow significantly in the coming years, with projections indicating a drop to 5% in 2026, accompanied by an expected…
In 2023, women held 3.7 million management positions across the European Union, marking an increase from 3.1 million in 2014, as reported by Eurostat based on the EU’s labor force survey. Although women make up nearly half of the EU’s workforce (46.4%), their representation in management positions stands at 34.8%. This reflects progress from 2014,…
A nationwide information campaign on Bulgaria’s adoption of the euro is set to launch this month, Finance Minister Temenuzhka Petkova has announced during a parliamentary session. She stated that the delays in the preparation and awarding of public procurement for communication activities had largely been resolved, paving the way for the campaign’s official rollout. Petkova…
Bulgaria, a nation with a rich history and a growing economy, has a complex relationship with gambling. While the country has its own regulated gambling market, many Bulgarians are increasingly turning to EU-based online betting sites. This phenomenon raises several questions about the motivations behind this trend, the legal landscape and the implications for both…