In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023. The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute.
The GDP produced was 21.76 billion euros or 3,379 euros per capita. 80.6% of GDP is spent on final consumption. Investments form 14.2% of GDP. The foreign trade balance of goods and services is positive. Final consumption in the country for the period increased by 3.4% and actually formed the economic growth. Exports of goods and services decreased by 2.1%, and imports of goods and services decreased by 3.7%.
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
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