In 2022, solar power generation increased by 30% year-on-year, the Director of the Electricity System Operator Angelin Tsachev announced at a conference dedicated to the decarbonisation of Bulgaria’s economy.
Angelin Tsachev predicted that in 2023 solar power generation will increase by another 30-50%. The projected average price per megawatt-hour is around EUR 153-178.
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 hotel and restaurant sector had the largest increase in employment (24.8%), followed by real estate..
The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..
After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..
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..
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