The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily..
EUR 1,287 is the average monthly cost of living of a four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average...
Bulgaria’s President Rumen Radev met in New York with representatives of industrial giants and leading US companies in the fields of communications, information technologies, insurance, finance and power engineering. Bulgaria’s head of state Radev..
The Bulgarian economy restructured successfully after the global economic crisis in 2009, which is proved by the fact that some of the workforce shifted from one sector to another. The number of people employed in construction decreased twofold and..
The Bulgarian industry is not facing a dilemma whether the crisis may come-it is already here, the President of the Bulgarian Industrial Capital Association Vasil Velev told the Bulgarian National Radio. Vasil Velev pointed out that according to..
In 2019 Bulgaria’s gross domestic product will grow with 3.7%, up from 3.1% in 2018, the Bulgarian National bank forecasts in its economic review about the second trimester of 2019. In its economic analysis about the first quarter of 2019 BNB was..
The European Commission confirmed its economic forecast about the Bulgarian economy. According to its projections, Bulgaria’s economy will grow with 3.3% in 2019 and with 3.4% in 2020. The growth rate is expected to slow down in the second half of the..
The European Commission predicts acceleration of economic growth in Bulgaria to 3.3% in 2019 and 3.4% in 2020, with annual inflation of 2%. According to economists from the Bulgarian Academy of Sciences, despite the slowdown in growth, it remains..
Economic relations between Bulgaria and Georgia have been undergoing intensive development in recent years, with high levels of trading. Bulgaria is in the top 10 of Georgia’s principal trading partners, said Minister of Economy Emil Karanikolov at a..
Bulgaria’s exports doubled in the past ten years and exceeded EUR 28 billion per year, this country’s Deputy Minister of Economy Alexander Manolev announced during the opening of a business forum for Central and Southeast Europe held in Sofia...
