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Construction sector has the potential to become engine of economic growth: Bulgarian Construction Chamber

The construction sector continues to function in full gear despite the state of emergency in Bulgaria. It became clear at a meeting between Premier Boyko Borissov, this country’s Deputy Minister of Regional Development and Public Works Nikolay Nankov..

30.04.20 12:18 |
Tomislav Donchev

Tomislav Donchev: 55-60% of the Bulgarian economy is functioning

“The Bulgarian economy cannot remain in quarantine mode indefinitely. The data are monitored and analyzed every day,” said Deputy Prime Minister Tomislav Donchev in an interview for Bulgarian National TV. “Our economy is to be set in motion in..

25.04.20 10:36 |

Government fund gives banks 85-million-euro guarantee to support business

The government fund, set up to manage 600 million euros /BGN 1.2 billion/ under four EU-co-financed operational programs, has announced that it is providing banks with 85 million euros /BGN 170 million/ as guarantee to support small and..

14.04.20 11:21 |

Covid-19 in Bulgaria: Day 36

Total number of Covid-19 cases in Bulgaria rise to 675 6 new cases of Covid-19 were registered in Bulgaria by 5 pm on Sunday, of which 4 cases were registered in Sofia and 2 in Stara Zagora district, the National Crisis..

12.04.20 17:56 |
CITUB President Plamen Dimitrov

Confederation of Independent Trade Unions in Bulgaria: Cabinet’s economic forecasts are too rosy

The economic forecasts of the Bulgarian government are too rosy, the President of the Confederation of Independent Trade Unions in Bulgaria (CITUB) Plamen Dimitrov commented in an interview for the Bulgarian National Radio. The measures adopted until..

12.04.20 11:57 |
Professor Daniela Bobeva

Economist forecasts higher share of Bulgarian products on domestic market due to decrease of exports and imports

In an interview for the Bulgarian National Radio the renowned Bulgarian economist Daniela Bobeva warned that the business would bear the impact of the measures against the coronavirus disease . The Bulgarian employers and workers, not the state, will..

29.03.20 13:05 |
Bulgaria's Minister of Finance Vladislav Goranov

Bulgaria takes extraordinary measures to support business

The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily..

16.03.20 18:14 |

Average monthly cost of living per capita in Bulgaria stands at EUR 322 in fourth quarter of 2019

EUR 1,287  is the average monthly cost of living of a  four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average...

12.02.20 14:40 |

Bulgaria’s President Rumen Radev meets in New York with representatives of US companies

Bulgaria’s President Rumen Radev met in New York with representatives of industrial giants and leading US companies in the fields of communications, information technologies, insurance, finance and power engineering. Bulgaria’s head of state Radev..

27.09.19 09:44 |

Bulgaria’s economy restructured successfully in 10 years

The Bulgarian economy restructured successfully after the global economic crisis in 2009, which is proved by the fact that some of the workforce shifted from one sector to another. The number of people employed in construction decreased twofold and..

17.09.19 10:08 |
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