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.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
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