By the end of the year and the beginning of 2021, we will have more funds to invest in business, Minister of Economy Lachezar Borisov has told BNR. "The resource is not small and the measures will continue throughout the next year. Preliminary data for the third quarter show that investments are beginning to send good signals for GDP recovery,” Borisov added.
According to macroeconomic indicators, Bulgaria is coping with the pandemic crisis 50% better than the EU average. "In terms of debt and deficit, we will be better than a number of countries in the European Union. The banking sector has lower profits, but big enough to keep buffers and stay stable,” Borissov pointed out.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
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