“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.
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..
Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends to request a reassessment of its progress on convergence criteria in 2H24, which should allow for..
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the..
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