Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Business climate in Bulgaria improving for second consecutive month

Photo: library

Business climate in Bulgaria has been improving in June 2020, which is due to more favorable assessments and expectations of companies in all sectors - industry, construction, retail and services, according to national statistics.

The general business climate indicator rose by 11.4 points in June after a rise of 11.8 points in May. For the second month in a row, part of the dramatic decline of 42 points marked in April was erased. Business forecasts are that most prices will remain unchanged. Only in retail trade some price rise is expected.

In April, because of the Covid-19 pandemic, business climate collapsed to levels from February 1997, when banks in Bulgaria went bankrupt.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Austrian Ambassador gets acquainted with the situation on the Bulgarian-Turkish border

The Ambassador of Austria H.E. Andrea Ikić-Böhm visited the Bulgarian-Turkish border yesterday at the invitation of the Director of the Border Police Directorate General, the press service of the Ministry of Interior announced today. Together with the..

published on 11/20/24 3:34 PM

Bulgaria is the first EU country with high-level artificial intelligence in its own language

Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific organisation. The next-generation AI designed to work in Bulgarian was unveiled last night by the Institute..

published on 11/20/24 2:58 PM

MPs fail to elect Parliamentary Speaker for the fourth time

The MPs failed to elect a speaker also at their fourth attempt . Of the four candidates, Raya Nazaryan, nominated by GERB - SDS, and Silvi Kirilov - nominated by "There is such a nation" - reached the second round of voting. Third unsuccessful..

updated on 11/20/24 2:34 PM