A significant portion of Bulgaria’s nearly 500,000 cash registers is not yet prepared to operate in euros, with only 35% currently set for the transition. As the August 8 deadline approaches, when all fiscal devices must be updated according to the Law on the Introduction of the Euro, many companies are asking for a postponement…
In June, the number of Bulgarians traveling abroad reached 943.6 thousand, up by 10.4% YoY. Data from the National Statistical Institute (NSI) indicate a rise in trips across all recorded categories. Turkey and Greece remain the most preferred destinations for Bulgarian travelers, with 246.1 thousand and 219.8 thousand visits, respectively. Other countries drawing significant numbers…
The Bulgarian Chamber of Commerce and Industry (BCCI) President Tsvetan Simeonov introduced the latest edition of the “Bulgaria in Figures” report. Now in its 16th year, this report is published exclusively in English to provide foreign investors with reliable and precise insights into Bulgaria’s economic landscape. Compiled using data from the National Statistical Institute and…
Last week, under the state program “Affordable Loans at 5-7-9%”, entrepreneurs received 291 preferential loans from authorized banks for a total amount of UAH 0.7 billion, including 182 loans totaling UAH 0.3 billion from banks in the public sector. Since the beginning of 2025, entrepreneurs have received 15,891 loans worth UAH 49.1 billion under the…
Housing loans in Bulgaria remain among the most affordable in Europe, with mortgage lending reaching record levels, according to credit expert Tihomir Toshev. Speaking on the program Nova TV, Toshev highlighted that despite a recent slight dip in mortgage interest rates, largely due to a promotional offer from one bank, most leading lenders were keeping…
The recent amendments to Bulgaria’s Euro Introduction Law have sparked significant controversy, with prominent economists and political figures voicing sharp criticism over its unclear provisions and broad regulatory powers. Lachezar Bogdanov, chief economist at the Institute for Market Economics, described the law as “more of a scarecrow law,” warning that while it might be intended…
The total amount of Ukraine’s state and state-guaranteed debt as of the end of June reached $184.84 billion, increasing by $3.88 billion over month. This was reported by the Ministry of Finance of Ukraine. As of June 30, Ukraine’s state and state-guaranteed debt amounted to UAH 7,696.95 billion, or $184.84 billion. “During June, the amount…