Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
The government signs the first agreements for the year on financing municipal projects
The Minister of Regional Development and Public Works, Ivan Ivanov, announced that the government has restarted the Investment Program for financing municipal projects from the state budget. Today, the first agreements for this year were signed with 42 municipalities at the Ministry, and the process will continue until all the remaining ones are signed.
Bulgaria on the Threshold of the Eurozone: The European Commission Approves Accession
The European Commission officially announced that Bulgaria has fulfilled all the criteria for adopting the euro. The country can join the eurozone on January 1, 2026, after final approval from the Council of the EU.
The Ministry of Agriculture and industry organizations discussed measures to reduce bee mortality.
The Deputy Minister of Agriculture and Food, Stefan Burdjiev, held a meeting with representatives of beekeeping, crop production, and plant protection to discuss the complex problem of high bee mortality. The participants discussed factors such as improper application of plant protection products, lack of communication between producers, and the need for increased control.
The Ministry guarantees passability on the Mezdra-Botevgrad road until the end of June.
The Minister of Regional Development and Public Works, Ivan Ivanov, assured that the deadline for ensuring passability on the road between Mezdra and Botevgrad will be met. The landslide problems are delaying the repair work, but the Road Infrastructure Agency and the Directorate for National Construction Supervision are working hard to eliminate them effectively.
Road repairs in Northwestern Bulgaria are progressing according to plan.
The Minister of Regional Development and Public Works, Ivan Ivanov, inspected the construction activities on key road sections in the region. Progress in the work is reported, despite the problems with landslides, with the aim of completing the projects by the end of June and the beginning of July.
Repair activities on the main highway in Burgas region
Agency "Road Infrastructure" announces the repair of a 3-kilometer section of the "Trakia" motorway in Burgas region. Traffic will only be carried out in the overtaking lane, while the active and emergency lanes will be closed for passage. The repair work is expected to be completed by June 11.
The business in Bulgaria is preparing for upcoming procedures under key European programs.
The Bulgarian Chamber of Commerce and Industry is organizing a meeting where experts from the Ministry of Innovation and Growth will present the upcoming procedures for the "Competitiveness and Innovation in Enterprises" Program and the "Research, Innovation and Digitalization for Smart Transformation" Program. The event will take place on June 11, 2025, and aims to inform the business community about the funding opportunities for innovative projects.
Bulgaria's accession to the Eurozone - a key step towards deeper European integration
The foreign minister of Bulgaria, Georgi Georgiev, states that the adoption of the euro is an important geopolitical and economic move that strengthens confidence in Bulgarian institutions and affirms the country as an integral part of the core of decision-making in the EU.
The Arbitration Court at the Bulgarian Chamber of Commerce and Industry supports the amendments to the Law on International Commercial Arbitration.
The Arbitration Court at the BCCI, as the leading arbitration institution in Bulgaria, fully supports the proposed changes to the International Commercial Arbitration Act. The bill will allow current practical issues to be taken into account, align Bulgarian legislation with EU law, and create a reliable mechanism to ensure the integrity of the arbitration proceedings.
Road repair of 13 km of a third-class road Haskovo - Mineralni bani starts on June 6
On June 6, repair work will begin on 13 km of third-class road III-806, connecting Haskovo and Mineralni bani. Traffic will be carried out in one lane at a time, regulated by road signs and signalmen. The repair activities include replacement of the pavement, improvement of drainage, and installation of road infrastructure, and are expected to be completed by August 2027.
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.