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Bulgaria's PM Borissov: We support the economy despite the pandemic

Bulgaria's Prime Minister Boyko Borissov has written on his Facebook account that world experts refute the theses of his political opponents about an imminent bankruptcy of the country . "We manage to support the economy and the finances, despite the..

28.11.20 17:07 |

S&P affirms Bulgaria's BBB rating with a stable outlook

The international rating agency Standard & Poor's Global Ratings has confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency 'BBB/A-2'. This was announced by the Bulgarian Ministry of Finance.  The..

28.11.20 10:54 |

Politics during pandemic: health or economy

The National Crisis Headquarters has called on the government to introduce a lockdown, in order to contain the spread of coronavirus infection and ease the pressure on this country’s health system. According to sociological surveys, anxiety among..

24.11.20 15:50 |

Prime Minister Borissov opposes complete stop of economy

Prime Minister Boyko Borissov opposes a new complete lockdown of the country because of the spread of Covid-19, although there is serious pressure on the health-care system. According to him, restrictions should not be excessive, as this country needs..

23.11.20 18:40 |

Decline in imports and exports from Bulgaria to the EU

In the period January - August 2020, exports of goods from Bulgaria to the EU decreased by 6.7% compared to the same period in 2019 and amounted to just under 12 billion euros. This is shown by NSI data. Bulgaria's main trade partners are Germany,..

12.11.20 14:36 |

Bulgaria stands chance of recovering from Covid-19 crisis with the help of EU and budgetary funding

Bulgaria retains the chance to avoid downward spiral in the current Covid-19 crisis thanks to the help of the anti-crisis measures and the emergency capital injections in its health and financial system.   This country can revive its..

10.11.20 15:59 |

Bulgaria’s economy will not withstand second lockdown: Radosvet Radev

Tourism, transport, culture and catering are the most affected sectors by the coronavirus crisis, Radosvet Radev, Chairman of the Bulgarian Industrial Association said for BTV.  Radosvet Radev referred to the national statistics according to which,..

31.10.20 16:49 |

Bulgarians are optimistic but critical of economy, government and parliament: Survey

The majority of Bulgarians say that the economic situation is serious and that the growing prices worry them and they do not trust the government or parliament, a European Commission survey from the end of July says. Asked what worries them..

23.10.20 15:16 |
Boyan Durankev

Professor Durankev expects difficult winter for Bulgaria

Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021, the International Monetary Fund forecasts in its latest World Economic Outlook report. There is a 60% probability that the decline in..

14.10.20 16:26 |

Bulgaria’s trade with EU down

Between January and July 2020 Bulgaria’s export of goods to the EU contracted by 6.5% as compared to the same period last year to nearly EUR 10.5 billion. The largest amounts were reported for the goods exported to Germany, Romania, Italy, Greece,..

12.10.20 13:22 |
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