The flow of foreign direct investments to Bulgaria from January to October remained positive, but decreased sharply on an annual basis. Foreign investments reached 1.144 billion euros. This is 1.178 billion euros less than in the same period of 2020. In this way, the volume of investments shrank by 50.7% on an annual basis, according to preliminary data from the Bulgarian National Bank, which are subject to revision after December.
The central bank estimates that in October the flow of foreign direct investment was positive and totalled 238.5 million euros, while a year ago it was also positive in the amount of 119.4 million euros.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating..
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