Manufacturers of bread, dairy and meat products have once again complained about price pressure on their goods exerted by retail chains. According to the manufacturers, working methods of supply chains would lead to bankruptcies or a shift to the gray sector. Over the last two months, food prices have apparently risen because of retail chains. The price received by producers for their goods remains the same despite the increase in raw material prices. The conflict between supply chains and producers has existed since the entry of retail chains into the Bulgarian market and has not yet been solved. According to manufacturers, if 6-7 years ago retail chains held 30% of the retail market, their share now reaches 60%, and in larger cities 75%.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
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