Bulgaria’s Premier Boyko Borissov, Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva and that country’s former President Rossen Plevneliev (2012-2017) unveiled in the town of Pazardzhik a factory for manufacture of car parts. Premier Borissov greeted the investors and pointed out that nearly 40,000 jobs have been created in the automotive industry in the recent years, Boyko Borissov added that another factory for car parts will be opened soon in the city of Pleven (Central North Bulgaria) which will employ nearly 8,000 people. The new factory in Pazardzhik is the third production facility of Kostal Group in Bulgaria and part of the strategy aimed at expanding production capacity for the needs of the European market. Nearly 1.300 people are expected to be employed at the new factory in Pazardzhik.
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
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