Macroeconomic Data
Bulgaria Registers Negative May 2012 Inflation
The consumer price index (CPI) in Bulgaria in May 2012, compared to April 2012, was 99.9%, i.e. the monthly inflation was -0.1%. The data was reported Tuesday by the Bulg...
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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.
Macroeconomic Data
Economy
Bulgaria's Largest Beach Resort Opens for 'Optimistic' Season
Bulgaria expects a 5% to 8% increase of foreign tourists during summer season 2012, according to the Minister of Economy, Energy and Tourism, Delyan Dobrev. Dobrev attend...
Financial
Bulgarian FinMin to Reward Fiscally Stable Municipalities
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, has promised additional funding from Budget 2013 for municipalities with a stable fiscal state. The...
Infrastructure
Bulgaria Rehabilitates 35% of Plovdiv-Burgas Railway
Bulgaria has completed the rehabilitation of its key southern railway linking the cities of Plovdiv and Burgas at about 35%, the Transport Ministry announced Friday night...
Infrastructure
Bulgaria's Sofia to Complete 1st Overpass in July 2012
Bulgaria's capital Sofia will have its first operational overpass road junction in July 2012, Sofia Mayor Yordanka Fandakova promised. The Sofia Municipality has launched...
Economy
Bulgaria Offers Change of EU Fuel Excise Policy
Bulgaria's government has offered the European Union to change the principle of determining fuel excise duty, according to Energy and Economy Minister Delyan Dobrev. Dobr...
Financial
Bulgarian FinMin Declares Balanced State Budget
According to flash data about revenues as of beginning of May 2012, Bulgaria's State budget is balanced for the first time since June 2009. The information was reported F...
Financial
Bulgaria's Parliament Approves EUR 950 M Eurobond Float
Bulgaria's parliament ratified on Friday the contracts with BNP Paribas, HSBC and Raiffeisen as mediators for the eurobond issue that the country plans to float this year...
Business
Bulgaria's Industrial Production on the Rise in April
Bulgaria's seasonally adjusted industrial production index increased by 1.5% in April 2012 as compared to the previous month, according to the country's National Statisti...
Business
Eurostat: Bulgaria 2nd in EU by Electricity Production
Bulgaria ranks second among the European Union Member States by the production of electric energy with a 7.5% increase. The number one spot is taken by Greece with 12.2%....
Infrastructure
South Stream Construction to Be Launched in 2012
The construction of the South Stream gas pipeline will begin by the end of 2012, Russian President Vladimir Putin announced on Monday. Putin has reminded that the project...
Economy
Sofia Launches Free Wireless Net on Public Transportation Bus
Sofia public transportation buses serving line 111 now have free wireless internet. The service has been launched on Monday, June 4. The buses are equipped with wireless...
Investments
Bulgaria Certifies 5 First-Class Investor in 5 Months
Since the beginning of 2012, Bulgaria has awarded five "Class A" investor certificates for investments of over EUR 225 M, compared to three first-class investor certifica...
Macroeconomic Data
Bulgaria's Economy Expands by 0.5% in Q1 2012 Y/Y
Bulgaria's Gross Domestic Product, GDP, was BGN 15.7 M or EUR 8.8 M in the first quarter of 2012 at current prices. The GDP growth rate in the first quarter of 2012 was 0...
Financial
BNP Paribas, HSBC, Raiffeisen to Manage Bulgaria's Eurobond Float
Bulgaria's government has selected BNP Paribas, HSBC and Raiffeisen as mediators for the eurobond issue that the country plans to float this year. This becomes clear from...
Infrastructure
Bulgaria's Dobrich Launches Electric Cars Charging Station
The northeastern Bulgarian city of Dobrich has become the second location in Bulgaria to open an electric vehicle charging station outside of the capital Sofia. Dobrich h...
Economy
Bulgaria Invites Rosatom to Kozloduy NPP Unit 7 Project
Bulgaria has offered to Rosatom to participate in the construction of Unit 7 of Bulgaria's Kozloduy Nuclear Power Plant, NPP. The news was announced by the Deputy CEO of...
Economy
Organic Production in Bulgaria Up by 30% in 2011
The share of organic vs conventional production in Bulgaria registered a 30% annual increase in 2011, according to Tsvetan Dimitrov, Deputy Minister of Agriculture and Fo...
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