Economy
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Bulgaria’s New Energy Holding Receives Ministerial Approval
The restructuring of the Bulgarian Energy Holding (BEH) was carried out by spinning off the Maritsa East 2 Thermal Power Plant and Mini Maritsa East into a new holding company
Bulgaria is seeking EU funding for five transportation projects in collaboration with Romania and Greece
Bulgaria, Romania and Greece will jointly apply for European funding for transportation projects along the North-South corridor; on the Bulgarian side five projects
Accelerated investment payments swelled Bulgaria’s budget deficit to €3 billion in August
Bulgaria’s budget deficit swelled significantly in August, when it is expected to have reached €3 billion, or 2.4% of projected GDP
The government is allocating an additional €110 million to businesses in regions in transition
A new €110 million call for proposals will support small and medium-sized businesses in Bulgaria’s coal-mining regions, as well as in other municipalities affected by the green transition
Transportation, restaurants and hotels drive up inflation in August
Prices of goods and services in Bulgaria continued to rise in August driven by rising fuel and tourism costs as well as certain administrative fee increases
The government is allocating 88 million euros for innovation in industry
Nearly 88 million euros will be directed toward joint projects between industry and academia for the development and implementation of new technologies
The Eurozone has increased (on the books) Bulgaria's gross external debt
Bulgaria’s gross external debt approached 70 billion euros at the end of June 2026, equivalent to 55.9% of the country’s gross domestic product
Bulgaria has one month to request €1.7 billion from the fifth payment under RRP
Bulgaria and the other member states have less than a month to submit their final requests for payments under the Recovery and Resilience Facility (RRF)
Conditions on Bulgaria’s domestic debt are deteriorating
The Ministry of Finance sold an additional €95.003 million worth of bonds on the domestic market. This is the result of the auction held on August 24
Bulgaria’s economy is growing at a slowing pace
Bulgaria’s annual economic growth reached 2.7% in the second quarter of 2026. This is according to preliminary data from the National Statistical Institute (NSI)