Between January and October 2018 Bulgaria’s trade balance was negative to the tune of EUR 1.829 billion (3.5% of the country’s gross domestic product), whereas in the same period last year the trade balance was negative and amounted to EUR 251.9 million (0.5% of the GDP), the Bulgarian National Bank announced. Between January and October 2018 exports increased with EUR 474.2 million (2.1%) as compared to the same period last year to EUR 22.872 billion (43.3% of the GDP). Meanwhile, imports climbed EUR 2. 051 billion (9.1%) as compared to January-October 2017.
Another major infrastructure project in Bulgaria is moving forward. The technical project for the construction of the tunnel under Mount Shipka will be ready this year. If approved, the construction of the facility will begin as early as 2025,..
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe that Rosen Zhelyazkov’s cabinet will complete a full term, indicates data of a representative survey..
After a 22-hour session, the parliament approved the state budget for 2025. 138 MPs voted in favour, 78 voted against and two MPs abstained. The projected revenues are EUR 45.5 billion (90 billion BGN). The expenses are set at EUR 48.6..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev had a phone conversation with his Israeli counterpart Gideon Sa'ar. Israel’s Foreign Minister..
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