Investments of over BGN 1 billion were certified last year under the Investment Promotion Act and this is a record amount for the last six years, the Ministry of Economy informs. The 34 projects for which the funds are targeted provide for the creation of nearly 4,500 new jobs.
Only ten of the projects will be implemented in Sofia, and the rest will be carried out across the country, including in three municipalities with above-average levels of unemployment.
The fact that seven projects are allocated for expanding the existing production can be interpreted as an important sign of investor confidence in the business environment in Bulgaria, even in the global crisis, said Economy Minister Lachezar Borisov.
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..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
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