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.
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
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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