The day in 3 news: 2025 Draft Budget: A risky path forward; Threat to halt gas transit for Gazprom over debt; Proposed VAT changes for property sales

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

Bulgaria’s 2025 Budget: We Have a Problem

Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances

The day in 3 news: Mob storms Malkovich’s Sofia play; Mondi Group quits Bulgaria after fire; Spending cuts needed to keep 3% deficit

Day in 3 News: Vitosha factory site will be apartment complex; Labor market stagnates; End of year spending must be curbed for Eurozone goals

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model

The day in 3 news: Danish firm is Sofia’s biggest private landlord; Era of cheap labor ends; Former Varna Mayor Portnih charged with fraud

Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

Budget revenues are growing at a much slower pace than expenditures, while EU funds remain elusive for now

The day in 3 news: Russian tankers fuel local ships; No Bulgarian connection to exploding pagers; Labor costs surge

The day in 3 news: New VAT rules for 2025; Vratsa firm boosted after capital hike; ESO still on the up despite downturn

The week in news: Protests "for" and "against" anti-LGBTQ bill, Average salary closes 2,300 leva and three major corruption scandals

Bulgaria Economic Trends: Wage Growth Slowing Down

Wage increases are expected to decelerate this year, ranging between 5% and 14%

The day in 3 news: Second month with deflation MOM; Salaries grow 17% YOY; Youth unemployment shrinks

The week: Lessons in change from Philadelphia, Dirty deeds done dirt cheap, Fibank is for sale

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The day in 3 news: Probe into Vitosha lift shutdown; Police in Sofia swoop over vote buying; University staff protests

The day in 3 news: Turkstream Leak Embarrasses Borissov; Industrial Output Down, Wages Up; A Third Of Bulgarians Would Fight

A challenging year ahead: Bulgarian IT sector faces uncertain times

A decade and a half of steady growth in the software industry is now at a crossroads

The day in 3 news: Chelopech is highest paying municipality; GERB wants personnel control after rotation; NRA probes inventories over 5.6 billion levs

The day in 3 news: Bulgaria is mega manganese exporter; Inflation to fuel pay rises in 2024; Startup funding begins afresh