In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced.
The indicator in the industry sector went up by 1.7 percentage points. In retail trade, the indicator increased with 2.1 percentage points. The indicator in construction went up by 1 percentage point. No change was registered in the service sector.
The uncertain economic environment has affected the development of all sectors. The number of managers, who express expectations that prices would rise in the next 3 months, has increased. More than 50% of the respondents said that prices in construction and retail trade will rise.
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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