#Business

Business
Annual inflation rate increases to 4.7% in October 2024
The annual inflation rate increased to 4.67% in October 2024, from 4.62% in September, with food prices rising by 4.75%, non-food products by 3.45%, and service prices by 7.66%, according to data the National Institute of Statistics (INS) published on Tuesday.
Business
Romania's digital economy can reach 50 billion euro by 2030 (official)
Romania's digital economy can grow fourfold to reach 50 billion euro by 2030, Secretary of State with the Ministry of Research, Innovation, and Digitalisation Bogdan Dumea told the opening of GoTech World 2024 on Tuesday.
Business
Moldova attends UN Climate Change Conference (COP29)
Moldova's Energy Ministry delegation, led by Minister Victor Parlicov is participating in UN Climate Change Conference (COP29) in Baku on November 11-22.
Business
Central Bank Reports Y/Y Increase in Loans and Deposits at End-September
At the end of September 2024, the amount of loans to households and non-profit institutions serving households (NPISHs) increased by 20.2% on an annual basis reaching BGN 44.387 billion, the Bulgarian National Bank (BNB) said on its website here on Thursday.
Business
Energy Ministry Has No Information about Sale of Lukoil Neftohim Burgas - Minister Malinov
Caretaker Energy Minister Vladimir Malinov Wednesday said that neither him nor the Energy Ministry have information about the sale of the Lukoil Neftohim Burgas oil refinery.
Politics
President Describes Metallurgy, Heavy and Extractive Industries as Indispensable Part of Europe's Economic Development
Metallurgy, heavy and extractive industries are an indispensable part of Europe's economic development, President Rumen Radev said on Tuesday at the celebration of the Metallurgist's Day held under his patronage in Sofia.
Business
Draft law on tax cuts and company mergers posted for public consultation
A draft law of the National Economy and Finance Ministry on tax regulations and company mergers was posted on Tuesday, including 12 tax cuts and measures to boost citizens' incomes.
Business
Ticket prices announced for buses, new metro in Thessaloniki
New ticket prices for the Thessaloniki metro and for buses was announced by Infrastructure and Transport Minister Christos Staikouras during a meeting with the Thessaloniki Transport Authority (OSETh) and the Thessaloniki Urban Transport Organization (OASTh) on Monday.
Business
Hatzidakis in Brussels for Eurogroup and ECOFIN meetings
National Economy and Finance Minister Kostis Hatzidakis will visit Brussels to take part in the Eurogroup and ECOFIN meetings on Monday and Tuesday, respectively.
Business
Taxi Industry Calls on Political Leaders to Address Spike in Insurance Rates, Threatens Protests
Taxi Drivers Association – Plovdiv and Non Organisation Taxi Union – Sofia said in an open letter released on Sunday that they call on President Rumen Radev, caretaker Prime Minister Dimitar Glavchev, caretaker Minister of Transport and Communications Krasimira Stoyanova and on the leaders of the political entities in the 51st National Assembly to take a position on the increasing prices of liability insurance problem that impacts their industry.
Business
Oil prices up with possibility of Iran preparing to attack Israel
News story claims Iran may retaliate with numerous unmanned aerial vehicles and ballistic missiles from Iraqi territory before US Presidential elections on November 5
Business
Bulgaria, North Macedonia Reach Agreement on Technical Parameters for Railway Corridor 8 Construction
Representatives of the Republic of Bulgaria and the Republic of North Macedonia participated in a working meeting to discuss the Railway Corridor 8 project on Thursday in Sofia, the Transport Ministry said.