Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
The Chairman of the Consumer Protection Commission with a detailed plan for a smooth transition to the euro.
The chairperson of the Consumer Protection Commission (CPC), Maria Filipova, presented a detailed strategy for informing and assisting citizens and businesses with the introduction of the euro in Bulgaria. The plan includes the creation of information portals, mobile applications, and regional campaigns to ensure a smooth and transparent transition to the single European currency.
Restrictions on traffic on the Hemus Motorway due to slope collapse and pavement repair
Next week there will be temporary traffic restrictions on the "Hemus" motorway towards Varna, due to planned activities on slope stabilization and asphalt pavement repair. Traffic will be diverted to alternative routes, and drivers are urged to drive carefully and comply with the restrictions.
Bulgarian-Ukrainian trade and economic relations are gaining momentum in anticipation of Ukraine's recovery.
The chairman of the Bulgarian-Ukrainian Industrial Chamber (BUIC), Liliya Ivanova, held a working meeting with the chairman of the BCCI, Tsvetan Simeonov, where upcoming initiatives for the development of bilateral economic relations were discussed. The main focus was on achieving a ceasefire in the conflict between Russia and Ukraine, which will allow the implementation of large-scale trade and economic projects.
The Energy Minister Stankov discussed key priorities for the decarbonization of the sector with the Vice-President of the EC Ribera.
The Minister of Energy Zhecho Stankov held a fruitful meeting with the Executive Vice-President of the European Commission Teresa Ribera. They discussed the update of the Integrated National Energy and Climate Plan, as well as key priorities for the development of the energy sector in Bulgaria and the region, including the future of coal regions, the construction of new nuclear and pumped storage power plants, and preparations for decarbonization.
The Deputy Minister of Economy attended the opening of a Czech medical equipment factory in Plovdiv.
The deputy minister of economy and industry Doncho Barbalov attended the official opening of a new production center of the Czech company BTL Industries in Plovdiv. The investment amounts to nearly 100 million BGN and will provide over 700 jobs for highly qualified specialists.
The Consumer Protection Commission guarantees a smooth transition to the euro.
The Chairperson of the Consumer Protection Commission (CPC), Maria Filipova, reveals details about the measures taken to ensure a smooth introduction of the euro in Bulgaria. Mandatory dual pricing in leva and euro will be introduced, and the CPC and the Commission for Protection of Competition will conduct regular inspections to prevent unjustified price increases.
Central Square in Pomorie closed for renovation and festival
The Municipality of Pomorie announces an upcoming renovation of the central square in the city, which will be closed for traffic and parking from June 20 to 22. This is being done to preserve the new asphalt surface and to provide space for the "Horo by the Pomorie coast" festival.
Temporary restrictions on traffic on the "Trakia" highway due to road maintenance
On June 20, from 5 to 13 hours, the traffic on a 5-kilometer section of the Trakia Motorway in the direction of Sofia will be restricted due to mowing of vegetation. Drivers must comply with the speed limit and not use the emergency lanes for faster movement.
The Ministry of Agriculture defends the interests of domestic producers in the EU and works for sustainable and modern agriculture.
The Minister of Agriculture Dr. Georgi Tahov states that the ministry will continue to actively participate in the discussions on the future Common Agricultural Policy (CAP) and the new financial framework, defending the interests of Bulgarian farmers. He emphasizes that the new CAP should encourage environmental activities and reduce the administrative burden for farmers.
The I-5 Kardzhali - Makaza road in Chernoochene is open for traffic again.
The Municipality of Chernoochene has completed the construction of a pedestrian footbridge, which has allowed the restoration of traffic on road I-5 Kardzhali - Makaza in the village. The movement of motor vehicles was redirected to bypass routes during the construction period in order to ensure road safety and tranquility for the residents.
Road repairs on the Trakia Motorway require changes in the traffic organization
Upcoming repair activities on Trakia highway in the sections between 130th and 134th kilometer, as well as between 127th and 130th kilometer. This will require temporary changes in traffic organization, including restrictions for heavy vehicles. Drivers are urged to follow the rules and not use emergency lanes for faster movement.
The Trakia Motorway is open again for traffic in the repaired sections.
The repair activities on Trakia Motorway in the Pazardzhik and Sofia regions have been successfully completed. Traffic has already been restored in both lanes of the road, and drivers are urged to observe the temporary traffic organization and exercise increased caution when passing through the repaired areas.
Repair activities on the Trakia Motorway impose restrictions on traffic in the direction of Sofia.
From June 20 to 23, traffic between km 161 and km 166 of the Trakia Motorway in the direction of Sofia will be restricted only in the overtaking lane due to pavement repair work. The Road Infrastructure Agency calls on drivers to comply with traffic rules and speed limits to ensure the safety of all travelers.
Preparation for a new roundabout on road I-2 near Shumen
From June 20, a temporary change in the organization of traffic on road I-2 in the Shumen region will be introduced, related to the upcoming construction of a new roundabout. Restrictions will be imposed on the passage of heavy vehicles, and traffic will be diverted through the "Belokopitovo" road junction on the "Hemus" motorway. The construction and installation activities for the new roundabout will continue for 240 calendar days and will be financed under the Recovery and Resilience Mechanism.
The Ministry of Economy is developing a National Industrial Strategy for Competitiveness and Green Transformation.
The Minister of Economy and Industry Petar Dilov announced that the Ministry is developing a National Industrial Strategy in cooperation with the European Commission and the business. The strategy will focus on modernization, zero-emission technologies, energy efficiency and digitalization, in order to increase the competitiveness of the Bulgarian industry and promote the green transformation.