The coronavirus pandemic has deepened economic disparities between Sofia and other Bulgarian regions. It has also resulted in higher unemployment in 2020.
According to the annual report of the Institute for Market Economics on the development of the Bulgarian regions, Sofia, Plovdiv, Varna and Burgas continue to attract 70% of the total investments. Sofia district, Gabrovo and Stara Zagora also manage to attract investments, yet at a smaller scale. Demographic processes remain the main impediment to growth. The population continues to decline. Except for Sofia and Kardzhali districts, in other Bulgarian regions the number of adults over 65 form one-third of the active population. Population growth has been marked in all municipalities in Kardzhali district.
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to..
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with..
Cloudy
Scattered showers
Overcast, rain
Cloudy