Economics

Expert: Electricity Prices will Increase by 15% if KEVR Approves CEZ Proposal

An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ's proposal to increase the cost of electricity. The opinion expressed to Darik the energy expert and member of the strategic council to President Elenko Bozhkov.
 

Uncertain Economic Environment and Shortage of Workers Make Business Difficult in Bulgaria

In March 2019, the overall business climate indicator remained roughly the same as in February, as a business environment improvement was recorded only in retail. This shows the regular business surveys of the National Statistical Institute.

BoG: Tourism drives property market higher

Tourism was the main driving force behind the recovery seen in the Greek property market in 2018, according to the annual report issued by the Bank of Greece on Monday.

"Tourism and related domains accounted for the majority of investment capital attracted, offering a boost to local markets and assisting demand for housing and retail spaces in certain areas too," the report read.

Bulgaria is at the Forefront of Gender Equality Ranking in Labor Law

"The world economy today is $ 160 trillion poorer, because women in the world are still not completely equal with men, which I call one of the most expensive problems mankind faces." With these words, World Bank Chief Executive and World Bank President Kristalina Georgieva launched the forum, where the report "Women, Business and Legislation 2019: A Decade of Reforms" was presented, reports Cap

Bulgarians are Willing to Spend 90 Cents of each Leva they Earn

Household income and expenditure data in the fourth quarter of 2018 triggered mixed responses. As is often the case with such an opportunity, most media have put the accent on the "bad" - faster spending growth (10.5% on an annual basis) than income, although income growth (7.5%) is significant higher than any changes in the price level.

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