Sunny and mild: bulgaria's weather forecast for march 4

On Tuesday, Bulgaria will experience mostly sunny weather, with light winds and mild temperatures. In Eastern Bulgaria, a light north-northwesterly wind will blow, while the rest of the country will have little to no wind. Morning temperatures will range from minus 4В°C to 1В°C, with Sofia seeing lows of around minus 3В°C....  Oще!

Bulgaria's eurozone transition: mandatory reserves slashed to 1%

After Bulgaria joins the eurozone, the rate of mandatory minimum reserves (MRR) for local banks will be significantly reduced, dropping from the current 12% to just 1%. Additionally, the base on which this rate is calculated will also decrease. The Bulgarian National Bank (BNB) expects that these changes will free up more funds that banks can use to finance businesses, companies, and households. ...  Oще!

Domestic and international tourist trips by bulgarians fall in late 2024

In the last quarter of 2024, the number of Bulgarian citizens traveling both domestically and internationally decreased by 7.2% compared to the same period in 2023, with 1.1 million people making tourist trips, according to data from the National Statistical Institute (NSI). ...  Oще!

Over 1 million bulgarians economically inactive, workforce participation below 54%

According to the National Statistical Institute, the total number of economically inactive individuals in Bulgaria, aged 15 to 64, exceeds 1 million, with 462.4 thousand men and 584.8 thousand women making up this group....  Oще!

Sunflower oil crisis hits bulgaria as shortages lead to factory closures

A shortage of sunflower seeds is threatening Bulgaria's sunflower oil industry, with factories shutting down and price hikes expected. Supermarkets will not be responsible for the rising prices, as the industry grapples with limited supplies. According to the Association of Sunflower Oil Producers, many processing facilities in Bulgaria have already ceased operations....  Oще!

March 3rd: bulgaria's liberation day and the path to independence

March 3rd marks Bulgaria's Liberation Day, a national holiday that commemorates the country's liberation from Ottoman rule. The date signifies the signing of the Treaty of San Stefano in 1878, which resulted in the restoration of the Bulgarian state after nearly five centuries of Ottoman domination. The Treaty of San Stefano, signed on March 3, 1878, marked a pivotal moment in Bulgarian history, as it granted the country significant territorial gains and recognized its independence....  Oще!

Higher prices for summer stays on bulgaria’s northern black sea coast

Prices for overnight stays on the Northern Black Sea Coast are set to rise this summer, with increases expected across different hotel categories. According to Stanislav Stoyanov, deputy chairman of the Golden Sands Hoteliers' Union, price hikes will likely range from 10-15% on average, though some higher-category hotels may raise rates by 20%. He explained that the increases are in line with overall economic trends in the country. ...  Oще!

Bank fees in bulgaria: current accounts cost an average of 4.20 leva per month

At the end of 2024, the average monthly fee for maintaining a current account at a bank office in Bulgaria was 4.20 leva (2.20 euros), while the same service with an issued debit card cost an average of 2....  Oще!