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A deterioration of the business climate in Bulgaria observed in August

The business climate in Bulgaria has worsened by 3.4 points in August compared to July, according to the traditional survey of the National Statistical Institute . The uncertain economic environment remains a leading factor in the deterioration of..

30.08.22 11:44 |

Rise of inflation continues to outpace income growth

Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..

22.08.22 12:59 |

Inflation has outpaced wage growth

Inflation has outpaced wage growth in almost all sectors of the Bulgarian economy and consumer prices have risen by 10% year-on-year. These are part of the conclusions in an analysis by the Institute for Market Economy. Average..

13.08.22 12:18 |

Minister of Economy says he will help business not hinder it

The Ministry of Economy has been conducting a survey among businesses about gas consumption during the winter months. The results will be reported to crisis headquarters to help the government's decisions on securing and distributing..

08.08.22 15:52 |

Three quarters of Bulgarians under 65 with no permanent employment are on the verge of poverty

According to the latest Eurostat data for 2020, published today, 80% of Bulgarians of working age up to 65 living in households with low economic activity are at risk of poverty. According to this indicator, the country ranks fourth among the..

04.08.22 19:44 |

Politics and gas supplies – the two storm clouds looming over Bulgaria

We are in for a hot August in Bulgaria this year – in politics and in the economy. On the first day of the month, all eyes are on the president – as today he issued two decrees, one dissolving the 47 th National Assembly as of 2 August, 2022, and..

01.08.22 14:41 |

EU funds received by Bulgaria are 4 times higher than country's budget contributions

Bulgaria received more than 11 billion euros for projects financed by the structural and cohesion funds of the EU in the period 2007 to June 2022. The data was presented by the Institute for Market Economy. The capital city attracted..

26.07.22 11:52 |

NSI: Business climate in Bulgaria improves

In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced. The indicator..

29.06.22 12:09 |
Vasil Velev

Budget update could lead to financial destabilization, employers say

Employers have expressed concerns about the proposal for updating the state budget, which is to be voted on at second reading. According to Vasil Velev, chairman of the Industrial Capital Association, the changes are likely to shake the financial..

24.06.22 18:50 |
Macroeconomist Prof. Dimitar Ivanov

Actual inflation in Bulgaria exceeds 25%

According to the National Statistical Institute inflation in Bulgaria is 14.4%, but the market basket of consumer goods includes a number of optional goods that nobody consumes.  In fact, if the consumer price index is taken into account, inflation..

14.06.22 19:20 |
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