Investment activity in industry shrank by 8.7% in 2020 as compared to the previous year, indicates a survey conducted by the National Statistical Institute. In 2021, investments in industry are expected to decrease by 15.5% due to the negative impact of the coronavirus crisis.
Managers in the private sector forecast a 17.5% decrease in their investment programs. Investments in production of intermediate goods is expected to decrease by 13.8%. Investments in energy and water-related industries are expected to increase by 4.7% and investments in production of non-durable goods is expected to decrease by 30.8%.
“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports. Sofia is hosting the meeting of the..
In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared to the other EU countries, this percentage remains high. 1/7 th of the young people who are..
Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International..
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