The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.
Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP.
The European Parliament's annual report on the progress of the Republic of North Macedonia on its path to the EU was adopted today in Strasbourg. This is the first report on the progress of the Republic of North Macedonia on its..
Bulgarian Sunday School "ABV" in Finland has announced the creation of a new online Bulgarian language course for foreigners. The publication on the official website of the educational center reads that the 45-minute classes in the..
The Sofia City Prosecutor's Office is conducting pre-trial proceedings regarding the contract between Bulgargaz and the Turkish state-owned gas company Botas, the prosecutor's office's press center announced. Actions are being taken..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy