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Wealth Abroad: 3,600 Bulgarians Declare Overseas Holdings
Publicly available information from the National Revenue Agency reveals that 3,604 Bulgarian residents have properties abroad, all of which have been duly declared to the agency.
Can You Guess How Little a Week at Bulgaria's Beach Resorts Costs?
The summer tourist season has commenced, and hotels along Bulgaria's Northern Black Sea coast are already welcoming guests. A burning question on everyone's mind is how much a seaside holiday will cost this year. According to industry insiders, while prices have seen a moderate increase compared to last year, the quality-price ratio remains competitive with neighboring countries.
Fruit and Vegetable Prices Drop Across Bulgaria in Late May
At the end of May, the prices of most fruits and vegetables in Bulgaria saw a decline, according to the State Commission for Commodity Exchanges and Markets (SCCEM) in its weekly bulletin. The market price index (MPI), reflecting the movement of wholesale food prices, dropped by 1.21 percent to 2,114 points, down from 2,140 points the previous week.
Bulgaria's Debt Surge: BGN 700 Million Raised Locally Since January
Since the start of the year, Bulgaria has secured an additional BGN 700 million in debt from the domestic market, according to announcements from the Ministry of Finance and data published by the Bulgarian National Bank. Of this sum, BGN 300 million was raised through the issuance of government securities, achieving a weighted average return of 3.21 percent.
Minimum Wage Hike on the Horizon for Bulgaria in 2025
Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933 (EUR 477).
Price Discrepancies Found in Bulgarian Online Stores Reselling from Chinese Sites
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores, according to Gabriela Rumenova from the online platform "We, the consumers." This comes in light of the European Consumer Organization (BEUC) filing a collective complaint to the European Commission against the Chinese platf
Tragic Incident in Silistra: 37-Year-Old Man Kills Longtime Friend
A 37-year-old man fatally assaulted his friend in the Silistra region, as reported by the Bulgarian police. The incident took place on Sunday in the village of Zafirovo.
Easter Feast Expenses Revealed: Insights into Bulgaria's Traditional Table
With Easter festivities fast approaching, Bulgarians are eagerly preparing to celebrate one of the most cherished holidays of the year. However, as households gear up for the traditional Easter meal, a recent analysis sheds light on the financial outlay required to ensure a bountiful spread on the table.
Bulgarian Farmers to Receive BGN 300 Million Aid Amid Russia-Ukraine Crisis
In a bid to support its agricultural sector amidst the ongoing tensions stemming from Russia's war against Ukraine, Bulgaria announces a significant aid package for farmers. Close to 52,000 farmers are set to benefit from the allocation of BGN 300 million in State aid by May 15, 2024, citing his Union's press release issued on Thursday.
Bulgaria Sees Surge in Lamb Prices as Retail Costs Rise
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10.