In the period January - August 2020, exports of goods from Bulgaria to the EU decreased by 6.7% compared to the same period in 2019 and amounted to just under 12 billion euros. This is shown by NSI data. Bulgaria's main trade partners are Germany, Romania, Italy, Greece, France and Belgium, which account for 70.3% of exports to EU Member States.
The imports of goods from the EU to Bulgaria decreased more for the same period - 12.3%. Imported goods also total just under 12 billion euros. Bulgaria imports goods mostly from Germany, Romania, Italy, Greece and the Netherlands.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
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