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Latest Business News from Bulgaria

uk-holiday-bargain-hunters-urged-to-try-bulgaria-01-16-2018
16 Jan 18

UK Holiday Bargain-Hunters Urged to Try Bulgaria

Survey pronounces Bulgarian Black Sea resort the best-value vacation destination in Europe.

analysts-welcome-bulgaria-s-move-to-join-the-euro-01-12-2018
15 Jan 18

Bulgaria’s Move to Join the Euro Welcomed

Bulgaria’s surprise announcement that it will apply to join the eurozone’s ‘waiting’ room by June has attracted support from the business and analysts.

balkan-states-score-high-in-the-world-bank-s-doing-business-ranking-11-01-2017
01 Nov 17

Balkan States Score Well in Doing Business Ranking

World Bank's latest global business ranking holds cheering news for some Western Balkan countries, such as Macedonia and Kosovo, but not for Bosnia, Croatia and Albania, which did not make it into the top 50.

croatian-companies-against-eu-s-equal-posted-workers-wages-10-25-2017
26 Oct 17

Croatian Companies Argue Against EU-Backed Wage Boost

Croatian companies are protesting that a newly-adopted EU directive likely to increase wages for employees sent to work in other EU states will hurt their their businesses and cause job cuts.

bulgaria-boosts-efforts-against-eu-double-standards-in-foods-10-02-2017
02 Oct 17

Bulgaria Pushes EU Over Food 'Double Standards'

Bulgaria's Ombudsman and NGOs have petitioned the European Parliament, demanding urgent against companies that sell lower quality products under the same labels in different parts of Europe. 

bulgaria-s-arms-exports-reach-record-high-in-2016-09-12-2017
13 Sep 17

Bulgaria’s Arms Exports Reach Record High in 2016

The lion’s share of the Bulgarian arms that were exported last year went to Middle East, with Iraq and Saudi Arabia leading the destination list with deals for over 200 million euros.

bulgaria-to-draw-russian-tourists-with-religious-routes-09-05-2017
06 Sep 17

Bulgaria Woos Russian Tourists with Religious Tours

Bulgaria’s tourism ministry will create new religious tour routes that it hopes will attract more Russian tourists who want to go on a pilgrimage to the country’s holy sites. 

bulgarian-govt-boosts-its-role-in-the-state-s-booming-arms-business-08-28-2017
29 Aug 17

Bulgaria Acts to Take Over Troubled Arms Business

Bulgaria’s Economy Ministry has taken action to gain control over the Dunarit arms factory, which risks losing its licence to trade over various court battles.

bulgaria-re-opens-commercial-and-economic-service-in-skopje-08-18-2017
21 Aug 17

Bulgaria Reopens Commercial Service in Macedonia

Following the historic signing of a friendship treaty, Bulgaria has decided to reopen its commercial and economic service in the Macedonian capital, aiming to boost business ties between the two countries.

romania-bulgarians-at-great-risk-of-modern-slavery-experts-warn-08-16-2017
17 Aug 17

Modern Slavery Risk Highlighted in Bulgaria, Romania

A newly published index names Romania and Bulgaria as two of the five EU countries where the risk of modern slavery is highest – alongside Greece, Italy and Cyprus.

popular-fest-cancelled-over-deputy-pm-s-disco-raids-in-bulgaria-08-15-2017
15 Aug 17

Bulgarian Festival Cancelled Amid Nightclub Crackdown

SOLAR Summer, a popular electronic music festival at Bulgaria’s Sunny Beach resort, has cancelled its 2017 edition, fearing it might be targeted as part of deputy PM Valeri Simeonov’s ‘war on noise’.

bulgarian-government-s-night-club-raids-spark-controversy-08-14-2017
15 Aug 17

Bulgarian Deputy PM’s Disco Raids Spark Backlash

Bulgaria’s deputy premier Valeri Simeonov, who led raids on nightclubs in the Black Sea resort of Sunny Beach in which a popular DJ was arrested, has caused controversy with his ‘war on noise’.

bulgaria-extends-support-for-chinese-smart-city-near-sofia-08-08-2017
09 Aug 17

Bulgaria Backs New Chinese ‘Smart City’ Near Sofia

The Saint Sofia project, a huge, high-tech entertainment, retail, hotel and office complex funded by Chinese money, is expected to be built near Bulgaria’s capital over a three-year period.

romania-joins-visegrad-states-in-eu-food-row-07-27-2017
28 Jul 17

Romania Joins Campaign Against 'Double Standards' in Food

Romania is joining a number of other Eastern European states who accuse big food retailers of using an EU loophole to sell inferior-quality products to their countries.

bulgaria-to-ease-buying-farm-land-by-foreigners-under-eu-pressure-07-14-2017
14 Jul 17

Bulgaria May Scrap Barriers on Foreigners Buying Land

Under EU pressure - and to avoid heavy fines - the Bulgarian government is moving to remove barriers against the acquisition of agricultural land by foreign citizens.

Premium

eu-mulls-lower-roaming-charges-for-balkans-10-18-2017
19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

The European Commission is considering cutting roaming charges for the Western Balkans, following calls from EU candidate countries to abolish the fees. 

19 Apr 17

Bulgaria Stands to Gain from EU-Gazprom Deal

15 Mar 16

Bulgaria Gains from Drive to Woo Investors

Politics and Society

bulgarian-vmro-slams-greek-macedonia-name-protest-01-22-2018
22 Jan 18

Bulgarian Rightists Accuse Greeks of 'Usurping' Macedonia's Name

Defence Minister Krasimir Karakachanov’s party rejects Greek nationalists' claim to exclusive use of the word 'Macedonia' – adding that Bulgaria has an equal right to it.

Culture and Lifestyle

gallery-new-year-s-eve-the-balkan-way-12-29-2017
01 Jan 18

Gallery: New Year’s Eve, the Balkan Way

New Year’s Eve was celebrated in true Balkan style across the region, with cities from Zagreb to Tirana putting on extravagant firework displays and open-air events, which saw regional and international stars performing to the swathes of jubilant crowds that came out to mark the beginning of 2018.

27 Dec 17

Balkan Cities to Party Their Way Into 2018