The progress towards group immunity against Covid-19 and the phasing out of the restrictive pandemic measures in Bulgaria and the country’s trading partners will lead to a tangible increase in the GDP during the second and third quarter of 2021.
This is the forecast made by the Bulgarian National Bank, BNR, for the latest issue of Economic Review. The export of Bulgarian goods and services is expected to grow significantly by September, BNB says. The combined current and capital balance of the country is expected to be positive. During the second and third quarter of the year inflation will gradually pick up as a result of the upward trend in the evolution of international food and oil product prices, the analysis shows.
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
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