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Producers are already selling the grain at lower prices

In recent months, wheat for bread has been exported from Bulgaria to the Far East and North Africa, announced Preslav Borisov from the management of the Bulgarian Farmers' Union. There are buyers in Thailand, Egypt, Jordan, and other countries...

published on 10/30/23 10:41 AM

Fitch has affirmed Bulgaria at 'BBB', outlook positive

Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook. Bulgaria's ratings are supported by its strong external and public balance sheets versus 'BBB' peers and credible..

published on 10/28/23 2:11 PM

Bulgargaz: Dramatic increase in natural gas prices expected in November 

The price of natural gas will increase by about 20% in November , according to estimates by state-owned supplier Bulgargaz. This is twice as much as the 11% increase announced at the beginning of October. Russian gas transit fee affects only Gazprom,..

published on 10/26/23 1:48 PM

14 Bulgarian companies have leading positions in Southeast Europe

Fourteen Bulgarian companies find a place among the 100 largest companies in Southeast Europe in this year's TOP 100 ranking of the economic news and analysis agency SeeNews , cited by bTV.  For comparison, in last year's edition, 12 Bulgarian companies..

published on 10/25/23 2:11 PM

NSI: Bulgaria's debt for 2022 is 22.6% of GDP

Bulgaria's debt for 2022 is 19.35 billion euros, or 22.6% of GDP, according to final data from the National Statistical Institute. The institutional sector "General government" reports a budget deficit of BGN -2.05 billion euros or -2.9% of GDP.

published on 10/23/23 3:30 PM

Private second pension funds register negative financial performance

The financial performance of the additional, obligatory and voluntary pension funds is mostly negative for the past two years, over the period from 30 September, 2021 until 29 September 2023, the Financial Supervision Commission had..

published on 10/21/23 4:07 PM

There is interest in the sale of Lukoil refinery Bulgaria's Burgas

The increased pressure of the Bulgarian government on the Russian companies operating in Bulgaria has caused Lukoil to start a procedure for the sale of its Burgas-based oil refinery , Bulgarian Finance Minister Assen Vassilev told the Financial Times...

published on 10/18/23 11:27 AM

Bulgarian traditional products will be presented at a fair in Japan

Traditional Bulgarian products and tourism opportunities in Bulgaria will be presented at an international fair in Kashiwa , Tokyo, on 15 October. Bulgaria is participating in the fair for the second year with its own stand, the Embassy of Japan..

published on 10/13/23 4:35 PM

BICA pushes for easier labour import and faster increase in retirement age

The Bulgarian Industrial Capital Association (BICA) insists on reforming the pension system and accelerating the rate of increase of the retirement age for men and women, as well as easing the administrative procedures for importing labour from..

published on 10/10/23 4:39 PM

IMF raises the forecast for Bulgaria's economic growth in 2023

The International Monetary Fund (IMF) has raised the forecast for Bulgaria’s economy growth in 2023, according to the institution's autumn report. In 2023, the Bulgarian GDP will be 1.7%, which is 0.3 percent more in comparison to..

published on 10/10/23 11:59 AM