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Economy

EU Beer Production Rises in 2024

According to Eurostat data published for International Beer Day (first Friday of August). EU member states produced 32.7 billion liters of alcoholic beer and 2 billion liters of non-alcoholic beer (less than 0.5% alcohol), totaling 34.7 billion liters. Compared to 2023, alcoholic beer production rose slightly by 0.6% (+0.2 billion liters), while non-alcoholic beer saw […]

  • rebecca
  • August 1, 2025
  • 0 Comments
  • 100 Views
Economy

Euro Cash Quality Control Regulation

At its regular meeting, the Governing Council of the Bulgarian National Bank (BNB) adopted Ordinance No. 18, establishing the framework for quality control of euro banknotes and coins in circulation. The ordinance is based on the new Bulgarian National Bank Act (promulgated in State Gazette No. 13 of February 13, 2024) and aligns with EU […]

  • rebecca
  • July 31, 2025
  • 0 Comments
  • 88 Views
Economy

EU Unemployment Remains Largely Stable

Seasonally adjusted unemployment in the eurozone remained unchanged at 6.2% in June 2025 compared to May, according to Eurostat. Year-on-year, this marks a slight decrease from 6.4% in June 2024. Across the EU, the unemployment rate held steady at 5.9% in June 2025, down from 6% a year earlier. In Bulgaria, unemployment rose slightly to […]

  • rebecca
  • July 31, 2025
  • 0 Comments
  • 102 Views
Economy

Bulgaria Finalizes Euro Transition Law

Parliament has officially adopted the final amendments to the Law on the Introduction of the Euro. Lawmakers shortened the period of enhanced price monitoring to one year — from August 8, 2025, to August 8, 2026. Businesses are granted a two-month grace period, until October 8, during which no fines will be imposed. Within this […]

  • rebecca
  • July 30, 2025
  • 0 Comments
  • 89 Views
Visit Bulgaria

Plovdiv: Ancient Charm, Modern Pulse

A Weekend in Plovdiv: Ancient Theaters and Modern Cafés in Bulgaria’s Cultural CapitalExploring Plovdiv’s Old Town cobbled streets, its Roman amphitheater, and the vibrant Kapana creative quarter Nestled in the heart of southern Bulgaria, Plovdiv is a city where time stands still — and yet, it pulses with youthful energy. As the country’s second-largest city […]

  • jonathan
  • July 30, 2025
  • 0 Comments
  • 100 Views
Economy

Cash Registers Not Euro-Ready

  As Bulgaria prepares to adopt the euro, only 35% of nearly 500,000 cash registers have been updated for the new currency. The deadline for compliance is August 8, as set out in the amended Euro Introduction Act. According to Stanislav Popdonchev, Chairman of the Bulgarian Industrial Association, the delay isn’t due to technical issues […]

  • rebecca
  • July 30, 2025
  • 0 Comments
  • 89 Views
Economy

EWRC Sets August Gas Price

The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price for August at BGN 62.09/MWh (excluding access, transmission fees, excise, and VAT). At this rate, Bulgargaz EAD will sell gas to end suppliers and licensed heat producers and transmitters. The price was determined based on updated data submitted by Bulgargaz, including the […]

  • rebecca
  • July 30, 2025
  • 0 Comments
  • 88 Views
Economy

Bulgaria’s External Debt Surges 16%

As of the end of May 2025, Bulgaria’s gross external debt (public and private) increased by 16% year-on-year, reaching €50.83 billion, according to preliminary data from the Bulgarian National Bank. This marks a rise of €7.03 billion compared to May 2024, when the debt stood at €43.79 billion. The current amount equals 45.3% of the […]

  • rebecca
  • July 30, 2025
  • 0 Comments
  • 91 Views
Economy

Euro Pricing Deadline: October 8

Bulgarian businesses have until October 8, 2025, to comply with the requirements of the Euro Adoption Law, including dual pricing in both leva and euros, adjusting cash registers, and for large retailers — publishing daily price lists of all goods sold. Until that date, authorities will not impose fines, but will issue written warnings for […]

  • clara
  • July 29, 2025
  • 0 Comments
  • 97 Views
People

Ivaylo Saraliyski: Symbolism as Active Logic

Your recent installation, “AI AM INFINITY”, explores the fusion between human intuition and artificial intelligence. What inspired you to embark on this conceptual journey? It began as a question rather than a statement – what happens when a human sensibility meets a generative, non-human system in a continuous loop? I was curious not only about […]

  • anna
  • July 28, 2025
  • 0 Comments
  • 105 Views

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