Bulgarian exports and imports have continued their decline, National Statistical Institute data show.
Because of the pandemic Bulgaria’s total exports went down in July by 10.7% to 2.446 billion euro compared to a year earlier. The country’s total imports went down by 15.9% to 2.564 billion euro. The foreign trade balance was negative in July at 119 million euro, compared to a deficit of 312 million euro in July 2019.
Over the first seven months of 2020 Bulgaria’s total exports went down by 7.5% to 15.9 billion euro compared to the same period of 2019, while imports shrank by 12.8% down to 17 billion euro. The total foreign trade balance from January to July was at a deficit of 1.1 billion euro.
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
Mostly Cloudy
Partly Cloudy