NEWS +

  • Influential Employer Organization Bashes "Politically Motivated Interference in Businesses"

    Sofia, September 10 (BTA) - The Bulgarian Industrial Capital Association (BICA) issued a declaration on Thursday against what it described as "politically motivated interference in businesses." "There is a growing sense of a lack of rule of law and security for private propert...

  • 2020 Wheat Harvest Totals 4.6 Million Tonnes - Agriculture Ministry

    September 4 (BTA) - The 2020 wheat harvest totals 4,626,318 tonnes, the Agriculture, Food and Forestry Ministry said on Friday, citing data after the end of the harvesting campaign. A total of 1,176,048 ha of land had been put under wheat this year. The average yield is 3...

  • January-June Donations via Text Messages Exceed 1.6 Million Leva

    September 1 (BTA) - Donations by text messages via the DMS platform in the first half of the year exceeded 1.6 million leva, which is more than the 1.3 million donated via the platform during the entire 2019, the Bulgarian Charity Forum said.

  • 2019 Foreign Direct Investment in Non-Financial Sector Totals EUR 25,427 Bln

    August 31 (BTA) - Early estimates show that foreign direct investment (FDI) in Bulgaria's non-financial sector in 2019 amounted to 25,427 billion euro at current prices, the National Statistical Institute (NSI) reported on Monday. FDI was largest in industry, at 11,422 ...

  • Gross External Deb tat EUR 34,103.8 Mln at End-June

    August 28 (BTA) - Bulgaria's gross external debt amounted to 34,103.8 million euro (60.1 per cent of GDP) at end-June 2020, the Bulgarian National Bank reported on Friday. Compared with end-Juney 2019, it dropped by 88 million euro (0.3 per cent). Long-term liabilities were 26...

  • Coronavirus Crisis Forces More Companies into Bankruptcy

    August 27 (BTA) - Judging from the Registry Agency register, the number of enterprises that were declared bankrupt in June and July 2020 increased from the same months a year ago: from 42 to 62 in June and from 53 to 70 in July, the Bulgarian Industrial Association (BIA) poi...

  • Project Company Absorbs First 30 Million Euro Loan Tranche for Construction of Bulgaria-Greece Interconnector

    August 26 (BTA) - The ICGB project company which is in charge of the implementation of the gas interconnector between Bulgaria and Greece has absorbed the first tranche of 30 million euro under a loan extended by the European Investment Bank (EIB), the company said on Wednesday. ...

  • Eighty-two Per Cent of Teachers Want Classroom Learning, 13% Prefer Distance Learning - Survey

    August 25 (BTA) - According to a survey commissioned by the Education Trade Union with the Podkrepa Confederation of Trade Unions, 82 per cent of teachers want the new school year to begin with traditional classroom learning, while 13 per cent prefer to teach online (similarl...

  • Revenues, Guests at Sofia's Best Hotels Down by 70% in First Half of 2020

    Sofia, August 24 (BTA) - The revenues and number of guests in four- and five-star hotels in Sofia have dropped by over 70 per cent in the first half of 2020, year-on-year. Managers predict that the general economic recovery after 2020 will help the sector get back on its feet ...

  • Turnover in Travel Agency, Tour Operator Services Down 94.6% in Q2 of 2020 Y/Y

    August 24 (BTA) - According to preliminary data for the second quarter of 2020 released by the National Statistical Institute on Monday, most activities in the 'Other business services' sector saw a drop in turnover compared to the like period of 2019, with the most significant d...

  • Cheap Cheese on Bulgarian Market Is Full of Water, Study Finds

    August 21 (BTA) - A study of the Active Consumers association shows that cheap white brined cheese (at a price of up to 10 leva per kg) on the Bulgarian market is full of water. Out of 30 analysed products, sixteen brands of cheese were found to contain over 70 per cent wate...

  • Cheap Cheese on Bulgarian Market Is Full of Water, Study Finds

    Sofia, August 21 (BTA) - A study of the Active Consumers association shows that cheap white brined cheese (at a price of up to 10 leva per kg) on the Bulgarian market is full of water. Out of 30 analysed products, sixteen brands of cheese were found to contain over 70 per cent...

  • 63.3% Fewer BulgariansTravelled between April and June Y-Y

    August 21 (BTA) - In the second quarter of 2020, in the conditions of a state of emergency and the ensuing epidemic situation, 447,200 Bulgarians made tourist trips, the National Statistical Institute said on Friday. Some 92.7 per cent travelled within the country, 6.8 per cent -...

  • Five of Eight TPP Maritsa East 2 Units Switch to Natural Gas as Boiler-Firing Fuel

    August 19 (BTA) - Bulgaria's largest coal-fired power plant, the Maritsa East 2 TPP of Kovachevo Village near Stara Zagora (Southeastern Bulgaria), has obtained a permit from the National Construction Control Directorate to use natural gas as the principal boiler-firing fuel of i...

  • Bulgarian State Railways Picks Contractor for Locomotive Leasing

    August 18 (BTA) - Bulgarian State Railway Company BDZ has selected a contractor in a procedure for locomotive leasing. Ubex Bulgaria EOOD will lease out to BDZ five Siemens Vectron electric locomotives. The contract has the option of providing an additional five locomotives. T...

  • Five Parties Certain to Sit in Next Parliament, Two More Stand Chance - Trend Research

    Sofia, August 18 (BTA) - Five parties are certain to win seats in the next National Assembly and two more stand a chance of election, the Trend Research Center found in an August 3-10 poll commissioned by the 24 Chassa daily. Face-to-face interviews were conducted among 1,010 ...

  • Employment Agency Reports Nearly 15,000 Fewer Jobless People in July on Month

    Sofia, August 17 (BTA) - The jobless people registered with job offices totalled 258,553 at the end of July 2020, down by 14,814 from June, the Employment Agency said on Monday citing its administrative statistics. The jobless total decreased by 36,900 (12.5 per cent) compare...

  • July 2020 Inflation: 0.5 Per Cent

    August 17 (BTA) - Bulgaria's monthly inflation for July 2020 was 0.5 per cent, the National Statistical Institute reported on Monday. The inflation rate since the beginning of the year (July 2020 compared to December 2019) was minus 0.5 per cent, and the annual inflation in July ...

  • German Association Ready to Finance Bulgarian Project for Combating COVID-19

    Varna, on the Black Sea, August 17 (BTA) - The Regiowelt Association of Germany is ready to finance a Bulgarian scientists' project for combating COVID-19, Prof. Dr Wolfgang Luepke told BTA. He specified that financial support for the idea will also come from Bulgarians li...

  • Central Bank to Complete New Banknote Series

    August 14 (BTA) - The Bulgarian National Bank will put a new 5 leva banknote, issue 2020, into circulation as legal tender on September 4. It will be the last of a series of new banknotes denominated in the national currency, the central bank reported on Friday. The overall de...