In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced.
The indicator in the industry sector went up by 1.7 percentage points. In retail trade, the indicator increased with 2.1 percentage points. The indicator in construction went up by 1 percentage point. No change was registered in the service sector.
The uncertain economic environment has affected the development of all sectors. The number of managers, who express expectations that prices would rise in the next 3 months, has increased. More than 50% of the respondents said that prices in construction and retail trade will rise.
Bulgaria's public external debt at the end of 2023 was €10.888 billion, an increase of 22.7 per cent, or more than €2 billion, compared with the end of 2022. This is 11.6 per cent of GDP, the Bulgarian National Bank said. In December 2023, Bulgaria's..
The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and..
After a long debate, the National Assembly decided that Kozloduy NPP- New Builds and Hyundai Engineering & Construction hold negotiations by April 15. Hyundai was shortlisted as a potential contractor for the engineering, construction and..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory..
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