Courier service prices in Bulgaria are set to rise from March 1, with some deliveries increasing by nearly 10%. Two of the largest courier companies in the country are also introducing new pricing rules for the lightest shipments. While these changes are primarily driven by transport and logistics factors, they may also have an impact…
Domestic sewing companies in Bulgaria are struggling to survive, as the influx of low-cost Chinese garments floods the market, undercutting local production. The industry, already under pressure, has seen many businesses shut down and workers laid off. While some regions, such as Ruse, are faring slightly better, production declines remain evident across the country. One…
Bulgaria Air is expanding its network of international routes for the upcoming summer season, offering more travel options for passengers. Starting on April 17, the airline will introduce a new direct route from Varna to Paris, marking the first time this connection will be available. Flights will operate twice a week, every Monday and Thursday,…
Bulgaria could adopt the euro as its official currency from January 1, 2026, if it successfully met the necessary criteria for joining the eurozone. Citing their sources, Bulgarian media “Club Z” reported that there were no obstacles preventing this transition, provided all conditions are fulfilled. A decision on Bulgaria’s accession will be made by the…
The municipal councils in Kozloduy and Krivodol have become the first in Bulgaria to implement dual pricing for municipal services, taxes and fees. Following the Euro Adoption Act, which took effect in August 2024, the two municipalities had updated 15 ordinances to reflect prices in both leva and euro. However, the euro-based prices will only…
According to a recent survey by the European Investment Bank Group (EIB), nearly 80% of Bulgarian companies have taken steps to reduce their greenhouse gas emissions. The survey, which is part of the EIB Group’s annual investment report, shows a significant increase in climate change-related investments, with the number of companies addressing the issue more…
Bulgaria’s draft budget for 2024 raises questions about its realism and whether it is a mere strategy to appease the European Commission and the European Central Bank, avoiding blame for missing fiscal targets. Journalist Stefan Antonov expressed doubts about the government’s ability to meet the 3% deficit threshold while fulfilling promises to raise spending on…