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.
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business..
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