Hotel revenue in Bulgaria has grown by approximately 10%, though costs for the sector have also climbed, rising by between 10% and 20%. This was stated by Georgi Duchev, Executive Director of the Bulgarian Association of Professionals in Hotel Management. According to an analysis by the association covering the first six months of the year,…
Minister of Economy, Environment and Agriculture Oleksii Sobolev held a bilateral meeting with Pierre Heilbronn, Special Envoy of the President of the French Republic for Ukraine’s Relief and Reconstruction. The parties discussed institutional changes in the Ukrainian Government and the further deepening of Ukrainian-French economic partnership. Key topics included the establishment of a new Ukraine…
With July 8 now behind, Bulgaria is firmly set to adopt the euro on January 1, 2026. Deputy Minister of Finance Metodi Metodiev outlined the key steps remaining before the transition and addressed the most pressing public concerns surrounding the change. According to Metodiev, Bulgaria’s entry into the euro area is part of the country’s…
The Association of Soft Drink Producers in Bulgaria (ASDPB) has expressed readiness to support the creation of a national deposit return system for beverage containers. According to Executive Director Zhanna Velichkova, the system must include a financial incentive to encourage consumer participation. Some retail chains have already taken initial steps, introducing reverse vending machines that…
Foreign direct investment (FDI) in Bulgaria reached EUR 1.4 billion in May, marking a notable increase of 46.9% compared to the same month in the previous year, data from the Ministry of Innovation and Growth and the Bulgarian National Bank showed. For comparison, in May 2024, the total volume of FDI was EUR 948 million.…
The consumer basket currently stands at 101 leva (51.64 euros), compared to 94 leva (48.06 euros) in the same period in 2024. The increase was 7 leva (3.58 euros). This was announced at a briefing by Vladimir Ivanov, Chairman of the State Commission for Commodity Exchanges and Markets. He presented the commission’s weekly review of…
Over the past week, under the Government’s Affordable Loans at 5-7-9% programme, entrepreneurs received 348 preferential loans totalling UAH 0.8 billion from authorised banks, including 251 loans worth UAH 0.5 billion from state-owned banks. Since the start of 2025, entrepreneurs have received 15,600 loans worth UAH 48.3 billion under the 5-7-9% programme, of which 10,541…