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Housing loans in Bulgaria surge by nearly 25% in a year

Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..

23.07.24 14:25 |
Aleksandar Dzhartov

200 fires a day in June 2024

Since the beginning of the month, there have been almost 200 fire accidents a day, said Chief Commissioner Aleksandar Dzhartov, director of the Fire Safety and Civil Protection Directorate.  The main reason for the increase in the number of incidents..

25.06.24 16:11 |

Gas price to be announced on April 1

The proposal by Bulgaria's largest natural gas distribution company Bulgargaz to increase the price of natural gas by just over 2% in April is to be announced later today. In contrast to March, when the price of the blue fuel fell significantly, the..

01.04.24 07:05 |

Funding for Olympic sports upped

The Ministry of Youth and Sports has approved funding amounting to EUR 21.5 million for the activities, during the current year, of federations administering Olympic sports, with each headquarters will receiving increased state financing as compared..

15.02.24 16:03 |

Bulgargaz: Dramatic increase in natural gas prices expected in November 

The price of natural gas will increase by about 20% in November , according to estimates by state-owned supplier Bulgargaz. This is twice as much as the 11% increase announced at the beginning of October. Russian gas transit fee affects only Gazprom,..

26.10.23 13:48 |

Eurostat: Bulgaria ranks second in the EU in house price growth

House prices in the European Union increased by 0.3% in the second quarter , compared to the first quarter of 2023. In Bulgaria over the same period, house prices rose by 4.3% compared to the first quarter, European statistics agency Eurostat, published..

03.10.23 16:22 |

Bulgaria’s employment rate increase is highest in the EU: Eurostat

The highest increases in the employment rate during the first quarter of 2023, compared to the last quarter of last year, were recorded in Bulgaria - by 2.8 percentage points, with the employment rate of people aged 20 to 64 at a little over 78%,..

16.06.23 14:31 |

Eurostat: Annual inflation in Bulgaria has gone up more than four-fold

Annual inflation in Bulgaria has gone up more than four-fold in 2022 as compared to 2021, Eurostat data show.  In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more..

09.03.23 16:31 |

Tripartite Council fails to reach agreement on wages and pensions

The partners in the Tripartite Cooperation Council (government, employers, trade unions) were unable to reach agreement on the draft laws providing for an increase in wages and pensions.  Both the government and the employers are against a..

22.11.22 16:00 |

Bulgargaz wants a record price increase of natural gas

The state-owned company Bulgargaz wants a record 58% increase in the price of natural gas in April , arguing that the war in Ukraine has increased natural gas prices on European exchanges. Bulgargaz requests Bulgarian energy regulator to..

14.03.22 14:04 |
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