The Cabinet has designated “Bulgaria Air” JSC as the official air carrier for the international route linking Sofia with Baku. This strategic decision aims to facilitate easier travel between the two nations while opening up new avenues for business and transit passengers. The announcement comes as “Bulgaria Air” expresses its readiness to commence regular passenger…
Bulgaria is interested in increasing gas supplies from Azerbaijan to the EU, a source at the Bulgarian Ministry of Energy reports. “Azerbaijan is a strategic economic partner of Bulgaria and an important source for diversification of natural gas supplies to our country. With the commercial operation of the Greece-Bulgaria Interconnector (IGB) as of October 1,…
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria. According to data from the “Fuelo” platform, gasoline prices rose by 3 cents per liter (+1.14%), while diesel saw a slightly larger increase of 6 cents per liter (+2.21%). However, despite these…
The National Statistical Institute (NSI) released preliminary data revealing that Bulgaria’s gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023. This expansion marks a slowdown compared to the 3.9% growth recorded in the previous year, according to aggregated quarterly data. In 2023, Bulgaria’s GDP reached a nominal value of…
In Bulgaria, the latest data from the Statistical Office of the European Union (Eurostat) revealed a notable trend: in the third quarter of 2023, both women and men registered equal shares of part-time employment, each at 1%. However, zooming out to the broader European context unveils a starkly different picture. Across the EU, during the…
Bulgaria experienced a significant boost in its economy last year, with foreign investors creating more than 2,000 new jobs in various sectors. This exciting revelation came to light during the prestigious “Investor of the Year” awards ceremony, hosted by the InvestBulgaria Agency on March 5. The top prize went to a French company operating in…
Travelers passing through Terminal 2 of Sofia Airport can now enjoy a smoother journey with the introduction of electronic self-scanning counters for boarding passes. Set to officially launch on March 6, this innovative system aims to streamline the passenger experience, reducing wait times and enhancing efficiency during the security check process. The implementation of these…