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..
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..
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..
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..
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..
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..
"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...
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...
Bulgaria’s gross domestic product will grow by 4.5% this year and by 4% in 2022, stronger than previously expected, indicates the June forecast of the European Bank for Reconstruction and Development, reported BGNES. In 2020, which was marked by the..
Dams have been repaired at prices five times higher than market ones, Economy Minister Kiril Petkov said after inspecting three reservoirs in the districts of Sliven and Lovech. According to him, the dams were empty after 2. 5 million euros were..
