During the January-August 2021 period, Bulgaria has increased its export of commodities to the EU by 23.5% compared to the same period of 2020, to reach 28.796 billion Leva (14.723 billion euro). Imports from the EU have also gone up by 25%, to reach 29.026 billion Leva (14.841billion euro).
Bulgaria’s principal trading partners are Germany, Romania, Italy, Greece, France and Belgium which account for 69.6% of the exports of the EU member countries, National Statistical Institute data show.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
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