One of the key issues highlighted by Donchev is the ongoing battle against the gray economy, which he described as constituting one-third of Bulgaria’s economy.

Bulgaria’s economy is predicted to contract in 2020 by a staggering 7.2%, according to the European Commission. This recession is all the more terrible as Bulgaria is already, by far ...

Moody's has reaffirmed Bulgaria's long-term and short-term credit ratings at Baa1 with a stable outlook, signaling confidence in the country's economic stability.The decision reflects expectations ...

KASTANIES, Greece (Reuters) - On an unusually balmy January day, Dimitris Marinoglou ploughed his field in northern Greece fearing the worst: that water supplies from neighbouring Bulgaria that have ...

Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, upper-middle-income economy ...

Bulgaria is on track to adopt the euro, with January 1, 2026, set as the target date for joining the Eurozone. As reported by Digi24, a recent analysis by the Institute for Market Economics (IME) ...

Anglo-Dutch multinational Unilever, one of the largest players in the food and non-food consumer goods market, is closing its ...

The eastward expansion of Europe’s single currency has suffered a setback after Bulgaria and Romania failed to meet the economic criteria needed to adopt the euro. The decision announced by the ...

Greeks are the second least satisfied population across the European Union for 2023, according to new data released in a ...

The implementation of the South Stream gas pipeline project is the priority one in the work of the Economy and Energy ... project in the history of Bulgaria. The pipeline will be built within ...