During the second quarter of this year the Gross Domestic Product of Bulgaria went up by 3.3 percent compared to the same quarter of 2018, National Statistical Institute data show.
In nominal terms, during the second quarter of 2019 the country’s GDP was in excess of 14.3 billion euro, with final consumption accounting for the biggest share - 76.3 percent.
The export of commodities and services compared to the same period of 2018 is up by 3.3 percent, and imports of commodities and services – down by 5.5 percent. The positive foreign trade balance, amounting to 497 million euro, is having a positive effect on economic growth, and is 3.5 percentage points of the GDP.
The total losses of Bulgarians, who have savings accounts in banks, from inflation alone equal over EUR 1 billion a year. Bulgarians invests just 2.4 percent of their savings in equity or in companies. In Eastern Europe, this percentage reaches 20..
Cyprus is an important economic and trade partner of Bulgaria, Bulgarian President Rumen Radev said at the opening of the Bulgaria – Cyprus Business Forum in Sofia. Cyprus has been ranked 34th in the Bulgarian imports and exports chart. Nicosia..
At a joint meeting of the Greek and Bulgarian governments in Alexandroupolis, agreements in the spheres of transport, investments and tourism have been signed. Cross-border railway transport is going to facilitated as a step towards full..
Energy partnership along the Israel-Cyprus-Greece axis is strategic, said Bulgarian Prime Minister Boyko Borissov during a meeting with the visiting..
Amidst rumours of a change in the exchange rate of the Bulgarian Lev to the Euro, the public have reacted by converting Leva into Euro on a massive..
A BGNES correspondent in Belgrade has reported that Serbian-registered Russian company IDC (Infrastructure Development and Construction), which..
Print
Mostly Cloudy
