Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years.
For a number of reasons, many global companies from the US and Canada are based in a European country. Thus, the statistics take into account these investments as originating in the respective European country. Accounting for these circumstances, investment from the US and Canada is likely to rank 6th by volume, being 16th in 2021 and 13th in 2016.
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
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..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
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