Between January and November 2018 Bulgaria’s exports to the EU rose 9.5% year on year to over EUR 17.9 billion, data of the National Statistical Institute show. Germany Italy, Romania, Greece, France and Belgium were biggest EU importers of Bulgarian produce- 67.5% of Bulgaria’s export to the European Union was to these six countries. Meanwhile, imports from the EU increased with 6.8% to over EUR 18.8 billion. Bulgaria’s exports to non-EU countries saw a double-digit decrease (12.5%) to nearly EUR 9 billion. Turkey, China, Serbia, the USA, North Macedonia and Russia were the biggest non-EU importers of Bulgarian produce- 52.6% of Bulgaria’s total exports to non-EU countries. Bulgaria’s total export from January until November last year increased with 1.2% to EUR 28.3 billion. The total imports rose 6.3% to EUR 32,184 billion. Bulgaria’s foreign trade balance is negative to the tune of EUR 1.655 billion.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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