News
Euro area inflation climbs to 3. 2% in May, Bulgaria among highest at 6. 3%
1+ hour, 39+ min ago (117+ words) Baku, June 2, AZERTAC Consumer prices in euro area countries rose by 3% in April, while on a monthly basis inflation in the currency bloc stood at 0. 1% in May. In Bulgaria, consumer prices increased by 6. 3% in May under the HICP, Eurostat data…...
Bulgaria records lowest unemployment rate in EU in April 2026
23+ hour, 52+ min ago (350+ words) Baku, June 1, AZERTAC Compared to March and the same period in 2025, unemployment rate remained unchanged in the EU and the eurozone at 6% and 6. 3% respectively. According to Eurostat estimates, there were a total of 13. 238 million unemployed people in the EU in…...
German-Bulgarian Chamber of industry and Commerce to announce Business Environment survey results
1+ week, 4+ hour ago (197+ words) Baku, May 26, AZERTAC The German-Bulgarian Chamber of Industry and Commerce (GBCIC) will announce the results of a survey on the business environment in Bulgaria on Tuesday, the Bulgarian News Agency reported citing the organizers. The event will highlight the challenges,…...
Global tensions reveal fragility of fossil fuel-based energy systems: IRENA chief
2+ week, 4+ day ago (606+ words) Baku, May 13, AZERTAC The global energy crisis linked to tensions in the Middle East is exposing the vulnerabilities of fossil fuel-based energy systems and accelerating the shift toward renewables, International Renewable Energy Agency (IRENA) Director General Francesco La Camera said…...
Iran war saddles global companies with $25 billion bill - and counting
2+ week, 1+ day ago (521+ words) Baku, May 18, AZERTAC The U. S. -Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by…...
South Korea caps oil prices for first time in decades
2+ mon, 2+ week ago (167+ words) Baku, March 13, AZERTAC President Lee Jae Myung on Friday called for close monitoring of local gas stations to ensure compliance with a fuel price cap, as the government implemented the price ceiling to help ease burdens for consumers, Yonhap reported....
Bulgaria among Eurozone countries with lowest monthly "nflation in February - 0. 1%
2+ mon, 4+ week ago (135+ words) Baku, March 3, AZERTAC On an annual basis, inflation in Bulgaria is expected to slow to 2. 0% compared with 2. 3% in January. By comparison, monthly price growth in February reached 0. 9% in Lithuania, 0. 8% in Austria and France, and 0. 7% in Ireland. In Germany, monthly inflation…...
Lithuania's GDP up by 2. 9% in 2025
2+ mon, 4+ week ago (127+ words) Baku, March 2, AZERTAC Lithuania's gross domestic product (GDP) increased by 2. 9% in 2025, compared with 2024, and amounted to EUR 84. 1 billion at current prices, according to ELTA. According to the second estimate, in Q4 2025, compared with Q3 2025, Lithuania's GDP increased by 1. 7% and amounted to EUR…...
Euro transition in Bulgaria almost complete after 87% of Levs withdrawn
2+ mon, 4+ week ago (498+ words) Baku, March 2, AZERTAC According to Ivanov, a portion of the remaining levs held by citizens will never be withdrawn, as there is always a certain percentage that remains. He noted that between February 23 and 27, Bulgarian Posts carried out 13, 072 transactions totaling…...
UAE, Czech Republic discuss expanding partnership in new economy sectors
3+ mon, 5+ day ago (191+ words) Baku, February 25, AZERTAC Minister of Economy and Tourism Abdulla bin Touq Al Marri has emphasised the growing economic ties between the United Arab Emirates and the Czech Republic, highlighting the importance of expanding cooperation between their respective business communities, according…...