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Bavarian representation in Bulgaria presents its annual awards

Bavaria is among the three German federal states with the highest volume of investments in Bulgaria and with the highest share in bilateral trade . This was stated by the Bulgarian Minister of Economy Daniela Vezieva at the presentation of the annual..

17.11.21 16:40 |

Bulgaria calls for coordinated approach to tackling the energy crisis at meeting in Brussels

An analysis of the impact of high energy prices on the whole economy is needed. This is what Bulgaria's Minister of Finance Valeri Belchev called for at today's Economic and Financial Affairs Council in Brussels. He stressed that high prices and the..

09.11.21 19:32 |

European Bank for Reconstruction and Development cuts its forecast for Bulgaria over low vaccination rate

The European Bank for Reconstruction and Development, EBRD, is forecasting that the economy of Bulgaria will grow by 4.2% in 2021, compensating for the 4.2% drop in 2020. This means the EBRD has cut down its June forecast for a 4.5% GDP growth by..

04.11.21 10:53 |

A new factory for the manufacture of orthoses unveiled in the town of Blagoevgrad

A new factory for the manufacture of orthoses (medical devices protecting and supporting the locomotor system during injuries) was unveiled in the town of Blagoevgrad, Western Bulgaria. The German investment is estimated at more than EUR 10 million..

07.10.21 15:40 |
Kristalina Georgieva

IMF Chief Kristalina Georgieva faces serious accusations

IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China. According to an independent report by law..

17.09.21 15:25 |

Sofia's long-term credit rating remains stable

The international rating agency Standard & Poor's (S&P) has confirmed the stability of Sofia's long-term credit rating - BBB, which is equal to Bulgaria's rating , the Sofia Municipality announced. According to the agency, the national GDP per..

31.08.21 12:37 |

Effects of inflation in Bulgaria are already palpable

The rise in the price of electricity and fuels has led to rising food prices. Gasoline and diesel prices have been the highest since the beginning of the pandemic and are likely to continue to affect the chain, CITUB economist Lyuben..

22.08.21 13:53 |
MP Karimanski

Budget update requires at least three more weeks

The realistic deadline for updating the budget is three weeks from now, Lubomir Karimanski, chairman of the parliamentary budget committee and MP of "There Is Such a People", has told BNR. According to him, the President and..

19.08.21 09:24 |

Caretaker Minister of Economy Kiril Petkov: We stay part of Bulgaria’s political life

"In one way or another we will monitor the way things happen; unlike the past, when we just protested." This is how caretaker Minister of Economy Kiril Petkov answered the question whether he would continue his career as a politician...

08.08.21 12:01 |

Business is worried about lack of political clarity

The Bulgarian Industrial Capital Association has called for an open dialogue on priorities and policies, as well as on the composition of the future government. The country needs a parliament and a government, not new elections, employers said...

19.07.21 14:37 |
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