Bulgaria’s annual inflation rate climbed to 4.4% in June, marking its highest point since December 2023. This is up from 3.7% recorded in May, according to fresh data from the National Statistical Institute (NSI). On a monthly basis, inflation rose by 0.4%, reversing the previous months’ more modest or declining trends. The average annual inflation…
The Ministry of Finance fully and timely funded social payments in the first half of 2025. A total of UAH 191.5 billion from the state budget was allocated for social payments administered by the Ministry of Social Policy. Specifically: – UAH 113.5 billion – for financing pensions, supplements, and pension increases under the Pension Fund’s…
Following the fourth Ukraine Recovery Conference held in Rome, over 200 agreements and memoranda were signed, totalling more than EUR 13 billion, Prime Minister Denys Shmyhal announced during a Cabinet meeting on July 14. “URC2025 demonstrated the unwavering unity and solidarity of the international community. Ukraine’s recovery is seen as a global project, the success…
A new trend is emerging in Sofia’s real estate scene – property sales are outpacing rentals, reversing a pattern that has dominated the past decade. The observation comes from the National Real Estate Association (NRA), which brings together over 2,500 professionals committed to ethical and responsible practice. While this reversal is noteworthy, experts anticipate a…
From July 8 to 11, representatives of the Ministry of Finance of Ukraine held a series of working meetings with experts from the Organisation for Economic Co-operation and Development (OECD). The discussions focused on Ukraine’s strategic initiatives in international taxation, harmonization of legislation with EU tax standards, preparations for OECD accession and further adaptation of…
An American company specializing in robotic and minimally invasive surgery has launched a new production facility in the Bulgarian town of Parvomay, marking a key step in its European expansion. The new base, part of Intuitive’s global operations, is located in the Plovdiv region and will manufacture 3D endoscopes and micro-optical parts for the da…
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year, as outlined in its latest Monetary Program. This marks the first time the central bank will mint gold coins in the European currency, coinciding with Bulgaria’s planned eurozone accession in January 2026. The first of these coins, titled St. Virgin…