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.
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a..
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