From January to March 2020, Bulgarian exports fell by 1.1% compared to the same period in 2019. Exported goods totaled over 7 billion euros, according to national statistics.
The biggest contraction was in March at 8.8%, when exports reached 2.244 billion euros. Imports of goods in the first quarter also declined by 1.1% compared to 2019. In March 2020, total imports of goods dropped by 6.3 percent and amounted to 2.56 billion euros. Foreign trade balance for the first quarter was negative at EUR 747 million.
Eurostat announced that in March 2020, industrial production in Bulgaria shrank by 5.1% compared to February. Industrial production in the EU in March fell by 10.4 percent on a monthly basis.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
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