Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
The regulators are monitoring speculative practices in the introduction of the euro in Bulgaria.
The chairperson of the Consumer Protection Commission, Maria Filipova, announced that they will jointly conduct inspections with the National Revenue Agency and the Commission for Protection of Competition for unjustified price increases by merchants who are using the introduction of the euro for speculation. Filipova emphasized that they will be uncompromising towards any unfair business practices and will monitor the proper currency conversion and rounding.
Train schedule changes for train #2616 from Varna to Sofia
Effective June 15, the movement of fast train No. 2616 on the Gorna Oryahovitsa - Sofia North section will be discontinued. Passengers heading to Sofia will be served by international fast train No. 461 departing from Bucharest.
Young leaders in agriculture - the EU discusses strategies to attract and retain young people in rural areas
The Minister of Agriculture and Food of Bulgaria will participate in an informal EU meeting, where opportunities to encourage young people to engage in the agricultural sector will be discussed. Key topics will be access to resources, education and support for starting one's own business in rural areas.
The state undertakes unprecedented measures to prevent price speculation upon the introduction of the euro.
The Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection are conducting large-scale inspections in the commercial network to prevent speculative price increases in the transition to the euro. The Chairperson of the CPC, Maria Filipova, states that unjustified price increases will not be allowed and that serious sanctions will be imposed in case of established violations.
Bulgarian airlines received a recommendation to suspend flights to the Middle East.
The Bulgarian Civil Aviation Administration has called on local airlines to suspend their flights to the Middle East region due to the increasing instability in the area. Airlines must assess the risk and present their decision by mid-June.
The Road Infrastructure Agency secures 14 of the 36 high-risk road sections
The Road Infrastructure Agency has completed the safety measures on 14 out of the 36 road sections identified as risky due to a concentration of traffic accidents. The activities include pavement repair, installation of road signs and markings, as well as other measures to improve safety on these sections.
Repair activities on the "Trakia" highway are restricting traffic towards Sofia.
From June 16 to 18, traffic on Trakia Motorway between km 145 and km 149 in the direction of Sofia will be limited to one lane to carry out repair work on the asphalt surface. Drivers are urged to comply with the speed limit and not to undertake risky maneuvers to ensure the safety of all travelers.
Important road markings on road II-99 Burgas-Tsarevo
On June 16 and 17, activities will be carried out to lay road markings on a section of road II-99 between Burgas and Tsarevo. Drivers must drive carefully and follow the signs in place.
Economic analysis of Bulgaria's membership in the Eurozone
A public lecture was held in Burgas, where Assoc. Prof. Dr. Ivaylo Mihaylov from the University of Burgas presented a detailed economic review of the expected benefits and challenges for Bulgaria upon joining the Eurozone. The event generated widespread interest among municipal councilors, the business community, and citizens.
New regulatory framework for transparency and equality in food and agricultural product supplies
The Ministry of Agriculture and Food proposes a draft law that creates a special legal framework for contracts for the purchase of agricultural products and defines the status of the first buyers. The law introduces restrictions on trade markups, specific requirements for assortment and an electronic system for tracking the supply chain. The goal is to improve the functioning of the chain, reduce the imbalance between the participants and ensure transparency, traceability and equality.
New opportunities for cross-border cooperation in the field of public services
The Interreg VI-A Bulgaria - Serbia 2021-2027 program allocates over 4.6 million euros for the development of new or upgrading of existing public services for the benefit of people and businesses in the cross-border region. The financing is 100%, with 85% from the European Union and 15% national co-financing or own co-financing. The projects must include soft activities, such as digital solutions, trainings or new administrative practices, and can also finance investments in infrastructure and equipment.
European funding secured for key sections of the "Ruse-Veliko Tarnovo" motorway
The Monitoring Committee of the "Transport Connectivity" Program 2021–2027 approved funding for two important sections of the "Ruse-Veliko Tarnovo" motorway - the Ruse-Byala section and the Byala bypass. The total value of the investment is close to 2 billion leva, with over half being non-refundable EU funds. The projects will increase the capacity, safety, and connectivity in Northern Bulgaria.
A new law for compensation of transportation costs will come into force in 2023.
The law on compensating consumers for transport costs, which will come into force in November 2023, requires producers of oil products from Russian crude oil to make monthly contributions to compensate for these costs. The amount of the contribution is determined by the Minister of Economy and Industry, and for May 2025 it is 0 leva, as there are no oil products of Russian origin released from a tax warehouse.
Maintenance of the joints of the A4 "Struma" motorway in the Kyustendil region during the next week
During the period June 16-20, warranty maintenance of the joints of three facilities on the "Struma" motorway in Kyustendil region will be carried out. Traffic will be limited to one lane, and drivers must drive carefully and follow the temporary signage.
The Registry Agency introduces temporary interruptions of electronic services for optimization and security.
On June 18, 2025, the Registry Agency will carry out planned activities for optimization and information security, which will lead to temporary interruptions in the electronic services offered on the website https://uwt.registryagency.bg. The interruptions will be from 22:15 to 22:30 hours.