The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports.
The medium-term economic consequences of the pandemic are manageable. Recovering domestic consumption and increased absorption of EU funds have been raising growth expectations.
Budget deficit will begin to shrink in 2022. Despite fiscal easing and rising public debt, net government debt remains low at up to 20% of GDP and state financing costs are at record lows. Inflation in Bulgaria will decrease in the second half of 2022, the analysis of the agency showed.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The..
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