41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the slowdown in global economic growth. The biggest concerns of businesses are related to expectations of a drastic rise in energy and raw material prices, as well as inflation.
61% of employers support the introduction of the euro. 48% of respondents believe that Eurozone membership should be a key state priority. More than half of the respondents plan to increase their production volume and the range of products offered. 45% will seek new markets. One-third of businesses are facing difficulties with their international partners and foreign markets, up from 18% last year.
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting with aviation industry representatives. Minister Karadjov emphasized that he supports the idea..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..
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