Bulgaria's exports to China increased by 10%, Lachezar Dinev, Chairman of the Bulgaria-China Chamber of Commerce and Industry reported. 99% of this growth is formed by exports of copper cathodes and corn. Until October, exports of copper cathodes amounted to EUR 1.3 billion. In October, Bulgaria exported 50,000 tons of corn to China, which is 7 times more than last year, BNR reporter Dobromir Videv informed.
China also imports thermostats and thermometers from Bulgaria. The coronavirus crisis has affected negatively wine exports to China, which has fallen fourfold.
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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