“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports.
“We are faced with challenges which come as a consequence of the pandemic and the encapsulation of the world, of armed conflicts with a serious effect on the economy,” Dimitar Glavchev says in a written address. Bulgaria’s membership of the Organization for Economic Cooperation and Development is a priority which will ensure regional stability. Bulgaria must accelerate the process of integration of the countries of the Western Balkans in the EU. This is of prime importance for exploiting fully the potential of the bilateral agreements with our partners from the Western Balkans. The efforts should focus on building the missing infrastructure and energy connectivity, the address reads further.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%,..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to..
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