The financial system in Bulgaria is so distinct that there is no other like it in Europe. A so-called currency board is in place that curbs the powers of the Bulgarian National Bank (BNB) considerably, but also exercises a rigorous..
In September 2016 the International Monetary Fund raised the outlook for Bulgaria's economic growth to 3% of the country's gross domestic product. Several days ago the World Bank did the same. It even showed higher optimism than the IMF and..
Bulgaria's economy benefited strongly from the country's accession to the European Union and its gross domestic product increased nearly threefold in the past ten years, Executive Director of InvestBulgaria Agency Stamen Yanev told Radio..
Ten years after the start of its membership in the European Union Bulgaria remains the poorest country in it with a minimum monthly income of 235 euro. Why is Bulgaria lagging behind countries like Romania (€ 319), Lithuania (€ 360) and Estonia..
Just days before the outgoing cabinet steps out of office, at a meeting with Prime Minister Boyko Borisov in Sofia, three major Chinese companies announced serious investment intentions in Bulgaria. Global online retailer Alibaba Group plans to..
Yesterday the Bulgarian Stock Exchange awarded the best and most active licensed investment brokers having registered the highest results in 2016. That was the 16 th edition of the rankings that evaluate some 50 brokers which operate in..
Analysts, authorities, media and international financial and economic organizations keep saying that 2016 was a year of unprecedented economic achievements of Bulgaria. This applies to both macroeconomic and microeconomic indicators at the..
The motto of Bulgaria’s capital Sofia is Ever Growing, Never Ageing. According to some of its citizens though, it is growing, yet living conditions have not improved and the city has not become more attractive. However, a short stroll across Sofia’s..
Bulgarian economy in 2016 has performed as a true champion – with 3 percent of GDP growth it placed second in the EU when this indicator is concerned. More than one billion euros more in comparison to the previous year went to the treasury,..
The gap in the economic development of the separate regions in Bulgaria has been increasing, the annual research of the Institute for Market Economics on the markets’ development shows. Both in the pre-2008 period of economic boom and over the..