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The UN expects a slowdown in growth of Bulgaria’s economy in 2023

The war in Ukraine is putting the world economy to the test, and UN experts are presenting an outlook for 2023 with the slowest growth rate in a decade. For Bulgaria the outlook is for a slowdown of growth from the expected 3% for 2022 down to..

26.01.23 12:23 |

Fuels account for three quarters of Bulgaria's exports to Ukraine

The National Statistical Institute's data on Bulgaria's exports as of August show that Ukraine has climbed from eighth to third place among Bulgaria's non-EU trading partners , displacing the US, the Capital weekly reports.  Ukraine imposes..

24.10.22 16:02 |

NSI: Industrial output in Bulgaria marks 18th consecutive month of growth

Over the last year and a half, industrial production in Bulgaria continues its upward trend on a monthly and annual basis. For August the growth is estimated at 0.7% compared to July and 16.5% compared to last year, announced the National..

10.10.22 16:00 |

In the second quarter of 2022, economic growth is below 1%

Bulgarian economy grew by 0.8% in the second quarter of the year compared to the first three months, according to preliminary data from the National Statistical Institute. On a year-on-year basis, growth was 4%. The largest contributor to..

07.09.22 14:08 |
Bulgaria’s Premier Kiril Petkov

Premier Kiril Petkov to participate at the informal EU summit in Versailles

Bulgaria’s Premier Kiril Petkov is to participate at the informal EU summit in Versailles, the government press service announced.  Today, the European leaders are expected to discuss the situation in Ukraine, as well as concrete steps towards more..

10.03.22 05:05 |

Minister Lorer expects economic growth of 5 percent in 2022

Economic growth of 5% is achievable, Daniel Lorer, Minister of Innovation and Growth, has told BNR. "By creating a new image as a country where there is no corruption and where the state promotes business instead of hindering it, the 5% target is..

03.01.22 15:18 |
Bulgarian National Bank building

Bulgarian National Bank forecasts growth and gradual inflation

The progress towards group immunity against Covid-19 and the phasing out of the restrictive pandemic measures in Bulgaria and the country’s trading partners will lead to a tangible increase in the GDP during the second and third quarter of 2021...

03.06.21 13:26 |

Bulgaria’s business leaders optimistic about future development

58% of Bulgaria’s business leaders expect economic growth in the next one year, 68% say they expect an increase in their companies’ revenues, but only 15% have plans to enter to a new market, indicate data from the 24 th global survey by a..

07.04.21 15:56 |

Bulgarian economy has been slowly recovering, marks growth of 2.1%

Bulgaria’ s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an..

16.02.21 13:10 |

Advertisement in digital media marks growth in 2020

Because of the Covid-19 pandemic, 2020 is expected to end with a 10% drop in total expenses for advertising and spending will return to the levels of 2018 - about BGN 415 million (208 million EUR). However, digital media advertising could mark..

17.10.20 04:30 |
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