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Bulgaria’s Radev Cabinet Pushes Rules That Could Double Quick Loan Costs
A new Consumer Credit Law approved by the government of Rumen Radev could significantly increase the cost of some quick loans in Bulgaria, while removing the current legal ceiling on compensation for late payments. The bill was approved by the Council of Ministers on August 27 and is now expected to be considered by the National Assembly. The draft transposes into Bulgarian law...

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Bulgaria to See Another Hot and Sunny Friday
Bulgaria will continue to enjoy mostly sunny and warm weather, with temperatures reaching up to 36 degrees Celsius on Friday, September 11. Today will remain mostly sunny across the country, with maximum temperatures between 30 and 35 degrees. In Sofia, temperatures will reach around 32 degrees. ...

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Sofia Takes on Record €367 Million Debt
Sofia Municipality is taking on a record €367 million in new debt to finance the modernization of the capital’s transport and urban infrastructure. The loan package, proposed by Mayor Vasil Terziev and approved by the Sofia Municipal Council with 46 votes, will consist of two loans of up to €183.5 million each....

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Why Are Bulgarian Restaurant Prices Catching Up With the West?
Deputy Prime Minister Atanas Pekanov recently put the question in a form most Bulgarians will recognize from their own experience, saying it is not normal for him to sit in a restaurant in Vienna and one in Sofia and find the prices relatively the same when the standard of living is completely different. The restaurant associations answered that comparing Vienna and Sofia withou...

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Senior Cyclists from Austria Ride Former Iron Curtain Route Through Bulgaria
An Austrian senior cycling team is taking on a 10,000-kilometer journey along Europe’s former Iron Curtain, with the Crataegutt Seniors Racing Team set to pass through Bulgaria between September 8 and 11, 2026. The extraordinary ride began on August 15, with the team following the Iron Curtain Route, EuroVelo Route EV13. Over four weeks, the cyclists will travel through 19 Euro...

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