Electricity prices in Bulgaria are 50 percent higher than those in the main export markets for Bulgarian industry - Germany, Italy, France, Austria. This is stated in a letter from the Association of the Organizations of Bulgarian Employers to the Prime Minister. Industrialists are to start preparing for nation-wide protests if the government did not take measures against the artificial deficit created in order to maintain high prices. It is pointed out that some of Bulgaria's main power plants work at 25% of their capacity while at the same time electricity is exported abroad.
"The situation has deeply aggravated the competitive position on the pan-European market, which shows unacceptable and irresponsible behavior of the competent institutions," the letter reads.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the..
With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported..
Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said..
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