The Confederation of Independent Trade Unions in Bulgaria (CITUB) has highlighted notable discrepancies between wholesale and retail prices, with markups on certain products reaching as high as 70%. The latest monthly monitoring of goods in the so-called small consumer basket shows that smaller retail outlets continue to offer slightly lower prices than large chains, with…
In the second quarter of 2025, Bulgaria’s economy expanded by 3.1% YoY, while showing a 0.7% increase compared to the first quarter, according to data released by the National Statistical Institute (NSI). Gross value added in the same period rose by 2.5%, signaling sustained activity across the country’s main economic sectors. Preliminary GDP estimates indicate…
Bulgaria has experienced a growth in real estate transactions, with the Registry Agency reporting an increase of around 3%, according to real estate consultant Dobromir Ganev. In total, approximately 101,000 deeds were registered, though Ganev noted that the actual number of transactions is likely slightly higher. Sofia has seen particularly strong growth, with the volume…
The Government has allocated UAH 1.6 billion from the Fund for the Elimination of the Consequences of Armed Aggression to the Ministry for Communities and Territories Development of Ukraine. The funds will be directed to the eVidnovlennia programme. The funds will be distributed as follows: – Nearly UAH 1.3 billion for housing certificates to purchase…
The adoption of the euro is seen as a significant opportunity for Bulgaria to boost both tourism and investment, according to mayors and tourism experts. They argue that the country can attract more foreign visitors and investors if it acts quickly to present itself as a destination rich in historical landmarks, cultural events, and eco-friendly…
The Bulgarian government is set to establish a centralized mechanism to create and promote a unified national tourism brand, aiming to strengthen the country’s image abroad. This initiative is outlined in the 2025 legislative program of the Council of Ministers. The Ministry of Tourism is tasked with forming the organizational structure for the new brand…
The Ministry of Economy, Environment and Agriculture of Ukraine and the Ministry of Agriculture of the Republic of Latvia have signed a protocol on mutually beneficial cooperation in the fields of agriculture, food safety and rural development. The document, based on a previously concluded Memorandum of Understanding between the two countries, was signed by Ukraine’s…