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.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
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..
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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