Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
New wave of grant aid for patents and new plant varieties for small and medium-sized enterprises
The Patent Office of Bulgaria and the SME Fund of the European Union Intellectual Property Office announce the resumption of financial support programs for filing national and European patents, as well as for registration of new plant varieties. The vouchers will cover up to 75% of the fees, with additional assistance for legal costs for European patents.
The Bulgarian Chamber of Commerce and Industry is strengthening its international cooperation with Germany.
The Bulgarian Chamber of Commerce and Industry (BCCI) welcomed a delegation from the Enterprise Europe Network Saxony-Anhalt, Germany, with the aim of establishing long-term relations in key economic sectors. The two parties discussed opportunities for partnership in the fields of innovation, digitalization, green technologies, and maritime innovations.
The European Commission evaluates the effectiveness of the directives on public procurement and concessions
The European Commission published the results of a public consultation conducted to assess the implementation of the European directives in the field of public procurement and concessions. The consultation found that the directives have not achieved full flexibility and simplification of the system, but have contributed to a reduction in corruption and an increase in transparency. However, the rules for market access for non-EU companies and the promotion of environmental, social, and innovative solutions are still not sufficiently effective.
Repair activities on the Danube Bridge near Ruse are entering a new phase
The assembly of a solid reinforced concrete barrier has started in the next 320-meter section of the Danube Bridge near Ruse. The activities include the demolition of the existing pavement, the removal of the sidewalk block, and the dismantling of the road systems. Traffic will continue in both directions on the lane where no work is being carried out.
Ultramarathon in Shiroka Luka restricts movement for half an hour
The ultramarathon event will take place on May 31 in the village of Shiroka Laka, which will temporarily restrict traffic on the Smolyan - Shiroka Laka - Devin road. The traffic police will regulate the traffic, and drivers are urged to drive carefully and not use the emergency lanes.
State inspectors check the safety of swimming pools before the summer season.
Inspectors from the State Agency for Metrological and Technical Supervision (SAMTS) will conduct inspections in June for the proper and safe operation of the elements of swimming pools, adjacent to accommodation facilities. The aim is to ensure the safety of users and to take measures in case of established violations.
Joining the Eurozone will bring significant economic benefits for Bulgaria.
According to the Minister of Economy and Industry Petar Dilov, Bulgaria's accession to the Eurozone will lead to significant financial benefits for the country. A reduction in currency conversion costs, an increase in credit rating, and growth in GDP are expected, as well as the attraction of new investments in key sectors such as the defense industry.
The economic cooperation between Bulgaria and the Republic of Korea is gaining momentum.
The Minister of Economy and Industry Petar Dikov held a meeting with the Ambassador of the Republic of Korea in Bulgaria, where the prospects for deepening the bilateral trade and economic partnership were discussed. The parties noted the high potential for increasing trade and investments in key sectors such as automotive, machinery and high technologies.
High-level delegations from Bulgaria and Hungary meet to discuss economic cooperation
On May 29, 2025, the Third Meeting of the Bulgarian-Hungarian Joint Intergovernmental Commission for Economic Cooperation will be held in Sofia. Issues related to the intensification of economic relations between the two countries will be discussed, and a final protocol will be signed after the meeting.
The Municipality of Nessebar is completing a large-scale reconstruction of a key street in the tourist region.
The renovation of "First" Street in Nessebar has been completed, with two reconstruction and one repair stage carried out. The next stage is the reconstruction of the section to Sunny Beach, including the construction of a local lane, landscaping, sidewalks, and new lighting. The goal is to improve the transport accessibility and competitiveness of the area.
Alternative routes for travel in the direction Sofia-Plovdiv-Burgas during construction work on the Trakia Motorway.
The Road Infrastructure Agency recommends to drivers of motor vehicles traveling on the Sofia-Plovdiv-Burgas route to use alternative routes during the ongoing repair work on the Trakia Motorway. The I-8 Sofia-Pazardzhik-Plovdiv and I-6 Sofia-Burgas roads are offered as more suitable options for safe and comfortable travel.
"Trakia" Motorway with restricted traffic for geodetic surveying
From May 27 to May 29, traffic on the "Trakia" motorway in the direction of Burgas between the 55th and 63rd kilometers will be restricted due to geodetic surveying. The temporary traffic organization is necessary to ensure the safety of drivers during the upcoming road surface repair.
The Transport Minister Grozdan Karadzhov reveals strict measures to increase road safety.
Grozdан Karadjov, Deputy Prime Minister and Minister of Transport and Communications, reveals details about the actions taken to improve discipline and reduce traffic incidents. He also comments on the upcoming introduction of the toll system, as well as the readiness of the post offices for the exchange of leva to euros.
Blagoevgrad Region Fights the Invasion of Moroccan Locusts
The Bulgarian Food Safety Agency is taking measures to control the Moroccan locusts that have attacked meadows, pastures and fallow lands in the Blagoevgrad region. Spraying against the pests started on May 20 and will continue until June 30, using authorized plant protection products.
The Ministry of e-Government facilitates the access of foreign workers to the Bulgarian labor market.
The Minister of Electronic Governance Valentin Mundrov announced that the new Platform for production and issuance of residence and work permits will simplify and accelerate the processes of hiring foreign employees in Bulgaria. The system will digitize the document flow and make the procedures faster, more transparent and secure.