Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
Bulgaria ready to adopt the euro from 2026, according to reports from the EC and ECB
The European Commission and the European Central Bank published convergence reports, in which they found that Bulgaria meets all the criteria for membership in the eurozone. The country is expected to introduce the single European currency from January 1, 2026, after approval by the key EU institutions.
The Energy Minister Zhecho Stankov outlines the vision for a sustainable Bulgarian energy sector.
Energy Minister Zhecho Stankov opened an international nuclear conference, where he presented the specific steps for the construction of the 7th and 8th units of the Kozloduy Nuclear Power Plant. He emphasized the importance of investments in new capacities and the training of young specialists to achieve energy security, sustainability and added value for the Bulgarian economy.
French notification regarding defective pressure oil separator tanks
The State Agency for Metrological and Technical Supervision (DAMTN) received a notification from France regarding problematic pressure oil separators with the brand BWB-Behalter-WERK. It has been established that the welded seams of the products have defects, leading to a risk of cracks and injuries. However, the risk is assessed as low, as the products have a long lifespan and consumers can replace them free of charge until the end of 2032.
Night cleaning of Vitinya tunnel and repair of Hemus motorway in the direction of Sofia
The movement on the Hemus Motorway (AM "Hemus") in the direction of Varna and Sofia will be restricted on June 6 for the purpose of carrying out repair activities. During the night, the Vitinya Tunnel will be cleaned, and during the day, a section between the 65th and 66th kilometers in the direction of Sofia will be repaired.
The Minister of Economy discusses Bulgaria's membership in the OECD and support for SMEs.
The Minister of Economy and Industry Petar Dilov held meetings with the OECD leadership to discuss the progress of Bulgaria's accession to the organization and the deepening of cooperation in the field of small and medium-sized enterprises (SMEs). Key reforms related to increasing the trust of international partners and attracting foreign investments, as well as specific measures to support the green transition for SMEs, were discussed.
The "Daskalovo" road junction on the "Struma" motorway will be cleaned during the night.
From 10:00 pm on June 4 to 4:00 am on June 5, activities will be carried out to clean the pavement of the "Daskalovo" interchange on the Struma Motorway. Traffic will be phased in two lanes, and drivers are urged to exercise increased caution and comply with the restrictions.
New rates for Eco-NIP: Reduction of pesticides with state support
The Ministry of Agriculture and Food announced the amount of financial support under the scheme for reducing the use of pesticides (Eco-NIP) for 2024. Differentiated rates have been set for arable land, permanent crops, and permanent grassland.
Bulgaria is ready to adopt the euro from January 1, 2026.
The European Commission concluded that Bulgaria fulfills all necessary criteria for accession to the Eurozone and is ready to adopt the single European currency as of January 1, 2026. This is a key and historic step in the integration of the Bulgarian economy into the European Union.
The European Commission announces a new product safety award in 2025.
The European Commission is launching the next edition of its Product Safety Award in 2025. The award aims to recognize innovative business initiatives and research that go beyond the legal requirements for consumer product safety in the EU. The winners will receive prestigious recognition and will improve their reputation in their respective sectors.
New regulation regulates fiscal devices and e-commerce in Bulgaria
The government has promulgated an updated ordinance that introduces changes related to the transition to the euro and the expansion of the functionalities of fiscal devices used in commercial establishments for the sale of liquid fuels.
The EU cross-border program allocates 5 million euros for the modernization of SMEs in Bulgaria and North Macedonia.
The Ministry of Regional Development and Public Works manages a new Interreg VI-A IPA Bulgaria - North Macedonia 2021-2027 program, which will provide up to 300,000 euros in grant assistance for each approved enterprise wishing to invest in modernization, innovation, and internationalization.
Belgian meat producers presented their products to Bulgarian processors.
The Bulgarian Industrial and Commercial Chamber (BCCI) hosted meetings between Belgian pork producers and Bulgarian meat processors. The aim was to establish new business contacts and discuss opportunities for cooperation in the sector. The Belgian companies presented their high-quality products, meeting all European standards, and the Bulgarian side got acquainted with the potential partners.
Indian business delegates visit Bulgaria to strengthen trade and economic cooperation
An Indian business delegation arrived in Bulgaria this week to participate in a Bulgarian-Indian business forum organized by the Bulgarian Chamber of Commerce and Industry, the Embassy of India in Sofia, and the Federation of Indian Export Organizations. The goal is to promote the development of bilateral trade and economic relations between the two countries.
Energy security and sustainability - key priorities for Bulgaria in regional cooperation
The Deputy Minister of Energy Iva Petrova emphasized the need to achieve energy security, sustainability, and affordability for the benefit of the economies and citizens of the countries in the region. Bulgaria is actively involved in regional initiatives such as the Southern Gas Corridor and the Green Energy Corridor to ensure diversification of energy supplies and the development of highly digitalized networks.
The Energy Minister: Bulgaria to Become a Regional Hub for High-Tech Business
The Minister of Energy Zhecho Stankov opened a discussion where he presented Bulgaria's ambition to establish itself as a regional center for high-tech activities. Key to this goal will be the projects for new capacities at the Kozloduy NPP, the construction of pumped storage hydroelectric power plants and energy storage batteries, which will ensure sufficient secure and affordable electricity for the needs of gigafactories and data centers.