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Latest Business News from Bulgaria

bulgaria-scraps-commercial-bank-s-license
11 Jul 14

Bulgaria Scraps Commercial Bank’s License

National bank says it is to withdraw the license of one of the banks hit by a recent run on its savings - after uncovering that money is missing.

six-arrested-for-bulgaria-bank-rumours
30 Jun 14

Six Arrested for Bulgaria Bank Rumours

Six people have been arrested in Bulgaria for spreading false information about the country’s banking system.

bulgaria-halts-south-stream-construction
09 Jun 14

Bulgaria Halts Russian Gas Pipeline Construction

Bulgaria has suspended all construction on the South Stream gas pipeline after US and EU complaints that it would tighten Russia’s grip on Europe’s energy supplies.

romania-bulgaria-not-ready-to-adopt-euro
05 Jun 14

Romania, Bulgaria Not Ready to Adopt Euro

Seven EU member states, Romania and Bulgaria included, do not meet the requirements to join the eurozone, a new European Commission report says.

drop-in-russian-ukrainian-visitors-worries-bulgaria
07 Apr 14

Drop in Russian, Ukrainian Visitors Worries Bulgaria

Ukraine crisis and fall in value of Russian and Ukrainian currencies is causing concern to Bulgarian tourist operators.

bulgarian-president-to-propose-new-gas-transit-routes-to-qatari-emir
11 Mar 14

Bulgarian President Floats Gas Plan to Qatar

President Rosen Plevneliev is to propose construction of a south-north gas corridor at a meeting with the ruler of Qatar on Tuesday.

new-europe-bridge-boosts-bulgaria-romania-turnover
07 Mar 14

New Bridge Boosts Bulgaria-Romania Trade

The New Europe Bridge, previously known as the Danube Bridge 2, has increased trade between Bulgaria and Romania.

telecom-giants-gather-in-belgrade
18 Feb 14

Telecoms Giants Gather in Belgrade

The most successful business people and innovators in the telecommunications sector in South-East Europe meet in Belgrade for the annual SEE Telecoms Forum.

bulgaria-s-top-court-lifts-ban-on-land-sale-to-foreigners
30 Jan 14

Bulgaria Court Allows Land Sales to Foreigners

Bulgaria's top court has revoked a ban on selling arable land to investors from the European Union.

serbia-ranked-95th-on-economic-freedom-list
15 Jan 14

Macedonia Tops Balkan Economic Freedom List

The latest Index of Economic Freedom has put Macedonia at the top of the Balkan region in terms of economic freedom.

bulgarian-tourism-marks-record-year
31 Dec 13

Bumper Year for Tourism Lifts Bulgaria's Gloom

The past year saw a rise in both visitor numbers and profits for Bulgaria's tourism industry, which had a successful 2013 amid the country’s other woes.

macedonia-set-for-rail-link-to-bulgaria
21 Nov 13

Macedonia to Start Work on Rail Link to Bulgaria

Construction of a long-awaited rail line to Bulgaria will start in February, and should be complete by 2022, Macedonia says.

forum-puts-future-of-see-markets-in-focus
09 Sep 13

Forum Puts Future of SEE Markets in Focus

The 2013 SEE Private Equity and Venture Capital Forum will provide a platform for discussion of the future of the Southeast European Private Equity and Venture Capital markets.

bulgaria-backtracks-on-reviving-belene-n-plant-project
10 Jun 13

Bulgaria Backtracks on Reviving Belene N-Plant Project

No political decision has been made to revive the abandoned Belene nuclear power plant project, Bulgarian Economy and Energy Minister Dragomir Stoynev said on Monday.

bulgarian-turmoil-deterring-investors-experts-say
22 May 13

Bulgarian Turmoil Deterring Investors

Investors considering Bulgarian markets will be cautious as long as the current political unrest continues, experts warn.

Premium

bulgaria-bank-panic-blamed-on-oligarchs-feud
09 Jul 14

Bulgaria Bank Panic Blamed on Oligarchs’ Feud

The mysterious recent run on banks may be linked to a conflict between rival businessmen, boding ill for the country’s prospects of stability, experts maintain.

Politics and Society

bulgaria-s-embattled-pm-throws-in-towel-1
24 Jul 14

Bulgaria’s Embattled PM Throws in Towel

Departure of Plamen Orecharski’s troubled left-of-centre government comes after a year of near-constant protests.

Culture and Lifestyle

european-obesity-congress-winds-up-in-sofia
30 May 14

European Obesity Congress Winds up in Sofia

Health care professionals and medical experts from all over Europe have been meeting in Bulgaria to mull the growing problem of spreading waistlines.