The minimum wage in Bulgaria should increase to BGN 1,213 (around EUR 620) as of January 1, 2026, up from the current BGN 1,077, according to Luboslav Kostov, Chief Economist of the Confederation of Independent Trade Unions in Bulgaria (CITUB). Union representatives expressed concern that the government’s draft decree setting the new rate had not…
Most concessionaires along Bulgaria’s Southern Black Sea coast have already complied with the requirement to display prices for umbrellas and sun beds in both levs and euros. On Kraimorie beach, for example, boards with the updated rates are visible at each entrance. Concessionaire Nikolay Dimitrov explained that the tariffs were set in advance and could…
On August 27, Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka was on a working visit to Budapest, Hungary. During the visit, the Deputy Prime Minister held several meetings, including with Hungarian Minister for European Union Affairs Janos Boka, State Secretary and Deputy Foreign Minister Levente Magyar and Agriculture Minister Istvan Nagy. The…
The Bulgarian government has taken on a new loan of BGN 300 million from the domestic market, bringing the country’s newly accumulated debt since the beginning of 2025 to a record BGN 16.5 billion. According to the Ministry of Finance, it issued three-year government securities worth BGN 300 million at an average annual yield of…
Consolidating efforts to open negotiation Cluster 1 “Fundamentals”, advancing Ukraine’s economic development, and fostering interstate cooperation in various sectors were the key topics of a meeting between Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka, Minister of Economy, Environment and Agriculture Oleksii Sobolev and a delegation from the global parliamentary network “United for…
Beginning from December 1, commercial banks and post offices across Bulgaria will offer promotional starter sets with the new euro coins, which will feature national symbols and inscriptions on one side. The initiative aims to familiarize citizens with the new currency ahead of its official adoption as Bulgaria’s legal tender on January 1, 2026. Distribution…
Bulgaria should continue pursuing its oil and gas projects while strictly adhering to environmental legislation, the Ministry of Energy has stated. This response came after Greenpeace urged the country to halt all oil and gas operations in the Black Sea. Environmental groups, including Greenpeace and Skytruth, have highlighted the presence of around 170 oil and…