Bulgaria has been proud of the fact that 9 out of 10 cars in Europe have parts in them that were produced in this country. In the near future Bulgarian components will be present in every European car as we have a confirmation from a new investor that is a global manufacturer in the automobile industry. This is what Minister of Economy Nikola Stoyanov said at the seminar for new members of the foreign diplomatic corps in Bulgaria, organized by the Ministry of Foreign Affairs.
The minister told foreign diplomats that Bulgaria is a very attractive place for investments. It is third in the world in terms of IT specialists per capita and is among the top ten countries with highly educated software engineers in Europe.
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain
Clear