Economy
Bulgarian Rulers: Referendum to Prove N-Plant's Futility
The upcoming referendum on the fate of Bulgaria's Belene nuclear power plant will prove that the project is pointless, according to Interior Minister Tsvetan Tstevatov. O...
Sofia
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Bulgarian Business and Investment News
Short briefs on the data and rule changes that matter to investors, with an archive of Bulgarian business news going back to 2010.
Economy
Economy
Bulgarian President Calls Belene NPP Consultations
Bulgarian President Rosen Plevneliev is holding Friday political consultations for the upcoming referendum on the fate of the project to build a second Nuclear Power Plan...
Economy
Bulgarian Right-Wingers: N-Plant Referendum Is Provocation
The upcoming referendum on the fate of Bulgaria's Belene Nuclear Power project is a provocation made by the Bulgarian Socialist Party (BSP), according to the right-wing B...
Economy
Bulgarian Right Wing Challenges Belene NPP Referendum
The right-wing Blue Coalition has requested from Bulgarian President Rosen Plevneliev and Chief Prosecutor, Boris Velchev, to ask the Constitutional Court to elaborate on...
Economy
Bulgarian Ex-EU Commissioner Proposes Moratorium on Belene NPP
The Bulgarian government should impose a moratorium on the Belene NPP project until an overall energy strategy is drafted, according to Meglena Kuneva, former EU Commissi...
Politics
Bulgaria investigators seek clues to suicide bomber's identity
Bulgaria investigators seek clues to suicide bomber's identity Investigators in Bulgaria are working around the clock to identify the man suspected of killing five Israel...
Economy
Migrant Remittances to Bulgaria Break All-Time Record
Remittances - money sent by Bulgarian migrants to family members back home - have hit a new high, despite the global downturn, data from the central bank shows. In May th...
Party of Boiko Borisov pressures on the Supreme Judicial Council
GERB - the party of Boiko Borisov pressed on the independent judiciary - That said magistrates of the Supreme Judicial Council. At its extraordinary meeting today, they w...
Foreign Investment
Bulgaria's FDI Up for the period Jan-May 2012
Bulgaria has registered an increase in its foreign direct investment in January-May 2012 year-on-year, according to the latest data of the Bulgarian National Bank release...
Financial
Forbes: Greece Should Adopt Flat Tax Like Bulgaria
Greece should follow the example set by neighboring Bulgaria and introduce a flat tax, according to Forbes magazine. Echoing the opinion of Steve Forbes, the 64-year-old...
Economy
Bulgaria Delays Euro Adoption by Two Years At Least
Bulgaria's finance minister, who was initially targeting rapid accession to the euro zone, has confirmed the country is in no hurry to adopt the single currency. "We will...
Macroeconomic Data
Bulgarian Agency Registers 10.8% Unemployment June 2012
The unemployment rate in Bulgaria in June 2012 was 10.8%, down 0.2% compared to May 2102, according to data of the Employment Agency. 354 825 unemployed people have been...
Infrastructure
Bulgarians Travel 1 Hour Less to Beach
Lot 3 of the southern Trakiya highway, connecting the town of Nova Zagora and the city of Yambol, will be launched Thursday. The length of the new section is 35.7 km. The...
Economy
Germany Too Lauds Bulgaria's Fiscal Discipline
Bulgaria has become the picture of fiscal discipline, a top ranking German diplomat has said during his visit to Sofia, bringing good news for policy makers here. "Bulgar...
Business
Sofia Airport Processed 1.7 M Passengers in Q1, 2012
In the first six months of 2012, Sofia Airport processed a total of 1 694 728 passengers, up by 0.7% from the same period of 2011. According to a media statement of Sofia...
Business
800 Bids Compete for EUR 21 M under JEREMIE in Bulgaria
Some 800 teams with business ideas have applied for funding under the Entrepreneurship Acceleration and Seed Financing Instrument under the JEREMIE initiative. The first...
Financial
Fitch Affirms 3 Bulgarian Mid-Sized Banks
Fitch rating agency has affirmed the long-term issuer default ratings of three mid-sized Bulgarian banks. The banks are Societe Generale Express Bank AD (SGE) and Allianz...
Financial
Bulgaria's Fiscal Reserve Recovers after Bond Sale
Bulgaria's fiscal reserve increased to reach BGN 6.5 M after the successful sovereign bond issue, Finance Minister, Simeon Djankov, has boasted. According to Djankov, by...
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