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Minister Stoyanov

Foreign companies in Bulgaria to be able to directly contact Minister of Economy

Representatives of foreign businesses in Bulgaria can now directly contact the Minister of Economy , Nikola Stoyanov and ask about issues that concern them, the Ministry of Economy announced. On the initiative of the Minister, a..

18.03.23 14:38 |
National Statistical Institute

NSI: Bulgarian exports to Ukraine almost tripled in 2022

In the year (2022) when Russia invaded Ukraine, the defending country became the second most important destination for Bulgarian exports outside the EU, replacing traditional trade partners such as Serbia and the United States, data of the..

13.03.23 10:41 |

BNB: Bulgaria's GDP growth will continue to slow down

Bulgaria's GDP growth will continue to slow down at the beginning of 2023 and will slightly decrease in the second quarter of the year , the Bulgarian National Bank (BNB) forecasts. "This will be driven by the projected decline in the economy's..

08.03.23 13:25 |

The egg as a symbol of high inflation

According to data of the National Statistical Institute, 30% of retailers in Bulgaria expect that prices in this country will continue to rise in the next three months, even though the prices of essentials such as eggs, vegetables and..

01.03.23 15:30 |

Bulgarian National Bank sets base interest rate at 2.17%

The Bulgarian National Bank raised the base interest rate by 0.35% to 2.17%. The new base interest rate is effective as of March 1. In February the base rate was at 1.82%. The interest rate increase comes against the backdrop of increasing interest..

01.03.23 11:40 |

Solar power generation increases by 30% year-on-year

In 2022, solar power generation increased by 30% year-on-year, the Director of the Electricity System Operator Angelin Tsachev announced at a conference dedicated to the decarbonisation of Bulgaria’s economy.  Angelin Tsachev predicted that in 2023..

27.02.23 18:36 |

Balkan developments

Earthquake diplomacy warms Turkiye‘s ties with Greece and Armenia Greek foreign minister Nikos Dendias has visited the earthquake-stricken areas of Turkiye, accompanied by his Turkish counterpart, Mevlut Cavusoglu. Nikos Dendias‘ visit was..

17.02.23 15:07 |

Rising prices, speculation and impoverishment affect debate on euro adoption in Bulgaria

The more people talk about adoption of the euro in Bulgaria, the more people seem to fear that the single European currency could lead to even higher prices in stores. In order to shed light on the issues and facts that concern..

14.02.23 15:30 |
President Rumen Radev

Bulgarian President reports real growth in industrial production

Bulgaria has become a factor in the Balkans and Europe through partnerships that strengthen economic and energy security. They are in the interest of our neighboring countries, partners and allies in the EU and NATO, said Bulgarian President Rumen..

07.02.23 10:49 |

Unemployment in Bulgaria keeps shrinking but business faces personnel shortage

“The moment you become very good at something, the high incomes will inevitably come. The world needs all kinds of people who can do a variety of things," a Bulgarian career development specialist says. However, it is important..

18.01.23 13:00 |
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