FRONTPAGES.EU
What's happening in Europe?
|
Bulgaria
|
|
Sunday, September 27, 2026
|
|
|
|
Bulgaria's economic landscape is seeing a significant uplift as Fitch upgraded the country's credit rating outlook to 'positive', reflecting improved stability and prospects. This positive news comes alongside ongoing discussions on fiscal policy, including a proposed 'windfall tax' on bank profits, now slated for 2027 only, and a continued rise in the prices of consumer goods and housing.
In other developments, a US ambassador reportedly offered advice on Bulgaria's gas purchases, while the Interior Ministry announced the successful dismantling of a major drug trafficking channel. New regulations are also on the horizon, with establishments soon required to display QR codes.
The presidential election campaign is gaining momentum with candidates Andrey Gyurov and Georgi Kandev officially launching their bids. Meanwhile, the government continues its focus on social issues, with Prime Minister Rumen Radev advocating for a ban on gambling advertising and a new gambling law being considered to address concerns about quick loans and their link to gambling addiction.
|
Top Stories
|
Fitch has upgraded Bulgaria's credit rating outlook to 'positive', indicating improved economic stability and prospects. Meanwhile, the price of fruits and vegetables continues to rise, and housing prices have increased by 4.5% in three months. Governor Dimitar Radev of the Bulgarian National Bank has warned that a proposed 'windfall tax' on bank profits could lead to higher interest rates and hinder economic growth, with the tax currently planned for 2027 only. Additionally, a US ambassador…
OFFNews:
Progress in Bulgaria: Fruits and vegetables continue to rise in price
The price of fruits and vegetables in Bulgaria continues to increase, indicating ongoing economic trends affecting consumer goods.
Capital:
Fitch raises Bulgaria's credit rating outlook to positive
Credit rating agency Fitch has upgraded Bulgaria's credit rating outlook to 'positive', signaling improved economic stability and prospects for the country.
Dnevnik:
US Ambassador Allegedly Advised Bulgaria on Gas Purchase
A US ambassador reportedly advised Bulgaria on which company to buy gas from, a detail that surfaced in a Bulgarian context.
Capital:
Dimitar Radev: A 'windfall tax' could raise interest rates and slow economic…
The governor of the Bulgarian National Bank, Dimitar Radev, argues that a proposed 'windfall tax' on bank profits might lead to higher interest rates and hinder economic growth.
Sega:
Housing Prices Increased by 4.5% in Just 3 Months
A report shows a significant rise in housing prices, with a 4.5% increase recorded over a three-month period.
OFFNews:
Excess profits tax to be valid only for 2027
A tax on excess profits is planned to be implemented, with its validity currently set to cover only the year 2027.
|
|
Concerns persist regarding the link between quick loans and gambling addiction, with reports exploring how individuals fall into debt. Deputy Justice Minister Andrey Georgiev noted that in a majority of quick loan cases reaching court, no interest is due. Prime Minister Rumen Radev has pledged to ban gambling advertising, and a new gambling law, nicknamed 'Bratski Imeni', is expected to introduce further restrictions.
Capital:
From quick loan straight to the casino
The first part of a special theme exploring the link between quick loans and gambling, with a focus on how people fall into debt.
Capital:
Judge Andrey Georgiev: For 90% of quick loans reaching court, no interest is due
Deputy Justice Minister Andrey Georgiev discusses that in a vast majority of quick loan cases that go to court, no interest is owed.
Capital:
Podcast: Quick loan, take it, gamble it away
A podcast discussing the cycle of taking out quick loans and then losing the money in casinos.
Capital:
Radev promises ban on gambling advertising
Prime Minister Rumen Radev has announced his intention to ban advertising related to gambling.
Dnevnik:
'Bratski Imeni' (Brothers' Name): New Gambling Law Promises Restrictions…
The new gambling law, nicknamed 'Bratski Imeni', is expected to introduce restrictions but also raises several questions.
|
|
The presidential election campaign is underway, with Andrey Gyurov and Georgi Kandev officially launching their bid for president and vice president. Political commentary also touches upon controversies surrounding the Petrohan project and allegations linked to President Iliana Iotova. Separately, the cost of supporting machine voting in elections has reached 15 million euros.
Sega:
Freak Show for Petrohan Should Have Saved Yotova's Narcotic Embarrassment
This political commentary discusses a 'freak show' surrounding the Petrohan project and its alleged connection to saving candidate Yotova from a 'narcotic embarrassment'.
OFFNews:
Live: Andrey Gyurov and Georgi Kandev launch their campaign
Andrey Gyurov and Georgi Kandev are officially commencing their political campaign, with live updates available.
Sega:
Support for Machine Voting Swells to Impressive 15 Million Euros
The cost associated with supporting machine voting in elections has reached a significant 15 million euros.
|
|
A new regulation will require every establishment in Bulgaria to display a QR code, likely for public health or identification purposes.
Sega:
Every Establishment Will Have a QR Code
A new regulation will require every establishment to display a QR code, likely for public health or identification purposes.
|
|
|
|
|
Daily news summaries from Bulgaria
Part of the frontpages.eu European news digest
frontpages.eu
·
View Bulgaria
·
Unsubscribe
|
|