In May 2022, the total business climate indicator decreased by 0.7 percentage points in comparison with April as a result of the more unfavourable business climate, the National Statistical Institute (NSI) said.
The industry indicator was down by 0.8 percentage points, due to the uncertain economic environment and labour shortages.
In Bulgaria’s construction sector, the indicator dropped by 3.6 percentage points, due to fewer contracts, rising prices of construction materials and shortage of workpower.
In the retail sector, the indicator was down by 2.2 percentage points, due to rising prices and lower demand.
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
+359 2 9336 661