Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
The government and employers are uniting efforts for a smooth transition to the euro in Bulgaria.
The Association of Organizations of Bulgarian Employers (AOBE) and the Council of Ministers of the Republic of Bulgaria signed a Memorandum of Cooperation aimed at ensuring a sustainable and predictable business environment in the introduction of the euro. The document provides for strengthening public trust, protecting consumers, and preventing unfair practices.
Repair of the sewerage system closes a key section in the center of Sofia
Due to urgent repair work on the sewage system on William Gladstone Street in Sofia, the section between G.S. Rakovski Street and Vasil Levski Street, including both intersections, will be closed to traffic from today for three weeks. Temporary traffic management is being introduced, and the use of alternative routes is recommended.
Reform in rail transport: New model for awarding passenger services
Deputy Prime Minister Grozdan Karadjov presented to the trade union organizations a draft for determining the conditions and procedure for awarding public contracts for passenger transport by rail. It is planned to allocate two regions, in which candidates for regional operators will compete, as well as a separate region for candidates with proven experience in the sector. The duration of the contracts is proposed to be 12 years, with the locomotives, wagons and railcars acquired by the state after 2009 to be used proportionally by the operators.
Repair work on the Trakia Motorway will impose traffic restrictions on June 10.
On June 10, the overtaking lane between 0th and 6th km on the "Trakia" motorway in the direction of Burgas will be restricted. The repair work is necessary to improve the safety and comfort of travelers, and drivers are called upon to comply with the restrictions and exercise increased caution.
The Ministry of Innovation invests over 194 million leva in nearly 2000 family and creative companies.
The Ministry of Innovation and Growth (MIG) provided additional funds to support over 850 family and creative companies, with the total amount of investments reaching nearly 194 million BGN. In the coming days, MIG will open new procedures for digitalization and energy efficiency with a budget of 206 million BGN.
Small and medium-sized enterprises – key drivers of the green and digital transformation in Europe
The deputy minister of economy and industry, Doncho Barbalov, emphasized the important role of small and medium-sized enterprises in the ecological and digital transition in Europe. Accreditation, according to him, is essential for increasing the competitiveness, efficiency and sustainability of this sector.
Noisy marking is being applied to road I-5 for greater traffic safety.
The installation of rumble strips is starting on road I-5 Dimitrovgrad - Haskovo to increase road safety. Activities to improve the safety of road II-76 in the area of the village of Knyazhevo are also planned. The Road Infrastructure Agency calls on drivers to obey road signs and drive carefully.
The Burgas Municipality introduces a temporary traffic organization on Ivailo Street for road surface repair.
The Burgas Municipality informs that from June 10, 2025, for three months, the section from Knyaz Boris I Street to Vasil Levski Street on Ivaylo Street will be closed to traffic due to repair and restoration activities on the road surface and sidewalks. Citizens are called upon to follow the temporary traffic organization and use alternative routes.
The Deputy Economy Minister: The euro will stimulate the Bulgarian economy and increase incomes
The deputy minister of economy and industry Nevena Lazarova commented in an interview for Bulgarian National Radio that the convergence reports of the ECB and the EC positively evaluate Bulgaria's readiness to adopt the euro. She emphasized the benefits of introducing the single currency, including stimulating the economy, trade and investments, as well as increasing incomes and purchasing power.
New elastomeric composites with wide application in key sectors presented at BCCI
The Bulgarian Industrial and Commercial Chamber (BCCI) hosted a business discussion, where the results of the development of innovative elastomeric composites with microwave, antistatic and antenna applications were presented. The event was held as part of the BCCI's partnership with the University of Chemical Technology and Metallurgy.
Czech investments in Bulgaria reach half a billion euros
The Minister of Economy and Industry Petar Dilov held a meeting with the management of the Bulgarian-Czech Chamber of Commerce, where the possibilities for activating the bilateral economic relations were discussed. It became clear that the total investments from the Czech Republic in Bulgaria amount to 486.2 million euros, and the Chamber will play a key role in promoting Czech investments in the country.
Sri Lanka and Bulgaria: Expansion of economic cooperation and business opportunities
The Ambassador of Sri Lanka in Warsaw, with accreditation also for Bulgaria, H.E. Priangika Dharmasena, met with the management of the Bulgarian Chamber of Commerce and Industry (BCCI) to discuss opportunities for strengthening bilateral economic relations. The services of the BCCI for businesses were presented, and the ambassador provided data on the trade exchange between the two countries, which has the potential for significant growth.
Joining Bulgaria to the Eurozone - Key to better economic prosperity
The Minister of Economy and Industry, Petar Dilov, states that the adoption of the euro will have a positive impact on the living standard of the people, the business environment, and investments in Bulgaria. He emphasizes that all sectors will benefit from this, and the purchasing power of Bulgarians will increase.
Smooth transition to the euro: How Bulgaria is preparing for the adoption of the single currency
Bulgaria will officially join the eurozone on January 1, 2026, after being approved by the European Commission and the European Central Bank. Despite concerns of some in society about possible price increases, analysis shows that the country is economically stable and well-prepared for a smooth transition to the euro.
Triple alliance for the protection of consumers and businesses with the introduction of the euro in Bulgaria
The National Revenue Agency (NRA), the Commission for Protection of Competition (CPC) and the Commission for Consumer Protection (CCP) signed an agreement for enhanced cooperation and coordination in order to prevent unjustified price increases during the transition to the euro. The institutions are joining efforts to monitor key commodity groups and impose strict sanctions against abuses.