Germany is Bulgaria’s main and biggest trading partner, preferred by 43 percent of Bulgarian companies, indicates a survey by the Bulgarian Chamber of Commerce and Industry.
In 2018 Germany came second, after China, but due to the trade disputes with USA, the language barrier and the long distance between the two countries, China has dropped behind. Turkey, Switzerland, Russia and the United Arab Emirates are the next countries in the top 5.
More than 77 percent of Bulgarian companies are interested in cooperation with foreign partners so as to increase their exports. Bulgarian businesses have an interest primarily in partnership with companies in the sphere of machines and equipment – 43 percent, services – 26 percent, food and drink – 24 percent, construction – 19 percent. But two-thirds of companies are not entirely familiar with the conditions for doing business and trading with the countries they want to have business relations with, the survey shows.
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She..
Prime Minister Rosen Zhelyazkov reaffirmed Bulgaria's support for the independence, sovereignty and territorial integrity of Ukraine. He participated in the summit initiated by Ukrainian President Volodymyr Zelenskiy to mark the third anniversary of..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for Ukrainian agricultural products, said Hungary's Minister of Agriculture, István Nagy, as cited by BTA...
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
+359 2 9336 661