By the end of the year and the beginning of 2021, we will have more funds to invest in business, Minister of Economy Lachezar Borisov has told BNR. "The resource is not small and the measures will continue throughout the next year. Preliminary data for the third quarter show that investments are beginning to send good signals for GDP recovery,” Borisov added.
According to macroeconomic indicators, Bulgaria is coping with the pandemic crisis 50% better than the EU average. "In terms of debt and deficit, we will be better than a number of countries in the European Union. The banking sector has lower profits, but big enough to keep buffers and stay stable,” Borissov pointed out.
Monthly inflation was 0.3 per cent in February, the National Statistical Institute (NSI) said. Bulgaria's annual consumer price index (CPI) recorded inflation of 3.3 per cent in February, down from 3.8 per cent in the previous month. It was the 14th..
Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total...
The average salary in Bulgaria in the fourth quarter of last year was BGN 2,123 (EUR 1,085), an increase of 13% compared to the same period last year, according to the Ministry of Labour and Social Policy. The average wage is highest in Sofia - BGN..
Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev..
In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared..
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