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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.

Latest Business News from Bulgaria

problems-continue-at-lukoil-bulgarian-refinery
28 Jul 11

Problems Continue at Lukoil Bulgarian Refinery

A meeting scheduled for Thursday morning to resolve licensing problems at Lukoil's Neftochim refinery was canceled, according to a statement from the Finance Ministry.

bulgarian-turkish-pms-urge-launch-of-nabucco
18 Jul 11

Bulgarian, Turkish PMs Urge Launch of Nabucco

The prime ministers of Bulgaria and Turkey have expressed a mutual desire to fast-track construction of the Nabucco pipeline.

bulgaria-ranked-6th-in-world-by-property-price-drop
23 Jun 11

Property Prices Drop Sharply in Bulgaria

Bulgaria's real estate market is ranked sixth in the world in terms of a drop in property prices in the first quarter of 2011, according to a study by the company Knight Frank.

romanian-tourists-headed-to-bulgaria-rises-slightly
14 Jun 11

Number of Romanian Tourists in Bulgaria Rises Slightly

Bulgaria is among the top tourist destinations for Romanian travelers, though the economic crisis means more people will stay home this summer.

bulgaria-turkey-agree-to-speed-up-gas-grid-connection
10 Jun 11

Bulgaria, Turkey Agree to Speed Up Gas Grid Connection

Bulgaria and Turkey have agreed to speed up the construction of a gas grid interconnection between the two countries, their energy ministers said on Thursday.

russia-bulgaria-boast-increased-trade
03 Jun 11

Russia, Bulgaria Boast Increased Trade

Bulgaria's trade with Russia increased by 50 per cent last year, Russian Foreign Minister Sergey Lavrov said Thursday after meeting with his Bulgarian counterpart.

fitch-upgrades-bulgaria-rating
25 May 11

Fitch Upgrades Bulgaria Outlook

Global rating agency Fitch has revised its outlook for Bulgaria to positive from negative, citing a reduction in the country's debt and recovery of the economy.

bulgaria-sees-increase-in-exports-to-non-eu-states
10 May 11

Bulgaria Sees Increase in Exports to Non-EU States

In the first three months of 2011, Bulgarian exports to non-EU countries increased by 55.9 per cent year-on-year.

bulgaria-demands-guarantees-after-russia-halts-oil-exports
02 May 11

Bulgaria Demands Guarantees After Russia Halts Oil Exports

Bulgaria's economy and energy minister has asked Russia for guarantees about fuel supplies for the country amidst reports that Moscow is clamping down on oil exports.

bulgaria-set-to-privatise-state-tobacco-giant
26 Apr 11

Bulgaria Set to Privatise State Tobacco Giant

Bulgaria's state cigarette producer Bulgartabac Holding is set to be declared ready for privatization on Tuesday.

bulgaria-areva-sign-energy-cooperation-deal
14 Apr 11

Bulgaria, Areva Sign Energy Cooperation Deal

The Bulgarian Energy Holding, BEH, and the French firm Areva signed a cooperation memorandum on work in the country's energy sector on Wednesday.

bulgaria-pipeline-decision-delayed
31 Mar 11

Bulgaria: Pipeline Decision Delayed

Bulgaria has given the Trans-Balkan Pipeline company two more months to complete its environmental impact assessment of the planned Burgas-Alexandroupolis oil pipeline.

bulgaria-lowers-growth-forecast
29 Mar 11

Bulgaria Lowers Growth Forecast

Bulgaria has reduced its economic growth forecasts for 2012 and 2013 in light of the unrest in the Arab world and the devastating earthquake that hit Japan earlier this month.

bulgaria-sees-increase-in-average-salary
14 Mar 11

Bulgaria Sees Increase in Average Salary

While the official average salary in Bulgaria has soared 186 per cent over the past 10 years, analysts say this does not mean that most Bulgarians have seen their incomes go up.

bulgaria-foreclosure-auctions-jump-in-2011
11 Mar 11

Bulgaria: Foreclosure Auctions Jump in 2011

Auctions for the sale of foreclosed properties in Bulgaria listed by private law enforcement officers have doubled compared to 2010 figures.

Premium

bulgaria-s-economy-feels-impact-of-political-turbulence
06 Mar 13

Bulgaria’s Economy Feels Impact of Political Turbulence

The likelihood of a hung parliament poses questions about the future of Bulgaria’s adherence to tough austerity measures, which in turn will affect investor confidence.

Politics and Society

romania-bulgaria-open-new-danube-bridge
14 Jun 13

Romania, Bulgaria Open New Danube Bridge

A new bridge over the River Danube between Romania and Bulgaria has been officially opened after a delay of more than two years caused by construction problems.

Culture and Lifestyle

serbia-croatia-montenegro-fail-to-get-to-eurosong-finals
15 May 13

Serbia, Croatia, Montenegro Fail to Qualify for Eurosong

All Balkan contestants in the semi finals on Tuesday failed to qualify for Eurosong. Macedonia and Albania are still hoping they will qualify on Thursday show in Malmo.