A working group will be seeking ways to reduce burden on small and medium businesses in Bulgaria, caretaker Minister of Economy Teodor Sedlarski said in an interview for BTA. Sedlarski has made it clear that experts will work for reducing the..
The average monthly salary in Bulgaria will exceed 1,000 lev /500 euro/ in 2017, chairman of the Industrial Capital Association, Vasil Velev, told the BNR. Bulgarian economy will grow by 3 percent, and if there was political stability, maybe more. The..
Bulgarian economy in 2016 has performed as a true champion – with 3 percent of GDP growth it placed second in the EU when this indicator is concerned. More than one billion euros more in comparison to the previous year went to the treasury,..
Half of the annual income of every Bulgarian is returned to the treasury as a personal tax burden. This is what calculations of economists from the Institute for Market Economics show. Tax and social security burden of every working Bulgarian reaches 45..
In the period January to September 2016 Bulgaria’s balance of payments not only remained positive, but has also registered improvement. For the first nine months of the year the balance of current and capital account of the state is positive, reaching..
In the third quarter of the year the gross domestic product (GDP) of Bulgaria has marked a 3.5-percent growth in comparison to the same quarter of the previous year. This is what estimates of the National Statistical Institute show. Gross added value..
The consumer price index in Bulgaria for the period October 2016 to September 2016 was 100.2%, which means monthly inflation was 0.2%. Inflation since the beginning of the year (October 2016 to December 2015) was minus 0.4%, while the annual inflation..
International agency Moody's has confirmed Bulgaria's credit rating of Baa2 with stable outlook. The analysis of the agency points out strong fiscal position, stable economy and broad reform agenda in this country. It forecasts that fiscal..
Instead of 2.1%, the gross domestic product of Bulgaria in 2016 is expected to reach 2.6 percent. The bigger rise is mainly due to a more solid domestic consumption and investment, the autumn macroeconomic forecast of the Ministry of Finance has shown...
In August the overall business climate indicator remained roughly at the level of July. An improvement of the economic situation has been marked in industry and services sectors, while a decline of the indicator has been reported in construction and..
