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.
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the Bulgarian National Radio by Croatian MEP Gordan Bosanac from the group of the Greens/European Free..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
Italian investors have shown interest in the concession and development of Plovdiv Airport as a passenger and cargo terminal. This became clear during a meeting between Plovdiv District Governor Hristina Yancheva and the Ambassador of Italy to..
Preliminary data from the National Statistical Institute (NSI) shows a 1.3% increase in employment from March to June 2025, reaching 2.38 million. The..
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