One opportunity for the development of the second and third pensions we receive from pension insurance companies is the introduction of a multi-fund system in Bulgaria
Lending activity in Bulgaria remains high, which in the short term is positive for banks' profitability, but in the long term creates a risk to their balance sheets
There is nothing unusual about the country entering a new year without an approved budget – the law explicitly allows for such a situation
Minister of Labor and Social Policy Borislav Gutsanov promised reform of the pension system next year. The Roadmap for improving the pension model
Finance Minister Temenuzhka Petkova is making a very modest attempt to optimize state administration against the backdrop of huge criticism of the work of civil servants
Late on Friday evening, the Ministry of Finance published the new version of the Draft State Budget for 2026 and the updated Medium-Term Budget Forecast
Sofia's budget for 2026 will be €1.81 billion (BGN 3.4 billion), which is 23% more than this year. The expected funds from the state for delegated activities are €727 million
The Ministry of Finance (MF) has managed to find the missing €1.5 billion for Bulgaria's new state budget for 2026, which it plans to submit for consideration
The National Assembly (NA) adopted Bulgaria's state budget for 2026 at first reading. The debate among MPs was dominated by criticism and disputes over the proposed parameters
Higher growth in Bulgaria's gross domestic product (GDP), a slowdown in inflation, but also a budget deficit that will exceed the eurozone's 3% limit
