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.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for 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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