The war in Ukraine caused panic on the Bulgarian capital market. Sofia bourse's SOFIX index fell 7.6% to 533.29 after 1 hour of trading on March 7. This is the biggest drop for the last 9 months. It surpassed the previous low on January 11, 2021, when SOFIX fell to 650.71 points, investor.bg reported.
European bourses opened in the dark red in anticipation of a possible EU ban on Russian oil imports.
“Sanctions and the war in Ukraine affect the economy unpredictably - Innovation and Growth Minister Daniel Lorer told an economic forum in Varna. - I only dare say that they will speed the transition of Europe to alternative energy sources.”
According to Lorer, cutting off Russian gas supplies would be the last instrument of sanctions.
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..
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..
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 Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign..
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