Economic freedom in Bulgaria continues to decrease, according to the latest published research of the Institute for Market Economics, conducted jointly with the Fraser Institute, based in Canada. In the Economic Freedom of the..
In July 2023, the monthly inflation as measured by the consumer price index was 0.9% compared to the previous month , as the annual inflation for July 2023 compared to July 2022 was 8.5%. In July 2023, compared to the previous month, the..
The budget for 2023 comes into force late, we cannot expect miracles or anything extraordinary to happen in the next 5 months, Eurofound Executive Director Ivaylo Kalfin told BNR. "This budget is simply so that we have a budget to the end of the..
It is achievable to keep to a deficit of 3 percent, Petar Ganev, senior researcher at the Institute for Market Economy has told BNR. "We don't have pitfalls in the budget that are insurmountable. With a strict position of the finance..
In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT. 2022 is the second year of the last 15 years with the highest..
Bulgarian exports continue to grow and in 2022 reached 50.25 billion US dollars , or 21% more in comparison to 2021, according to an analysis by the Bulgarian Industrial Association. Bulgaria climbed to 57th place in the world in..
In 2023, the Bulgarian economy marks decline in the ranking of competitive countries in the world, according to the 35th edition of the IMD World Competitiveness Yearbook. In 2023, Bulgaria holds 57th place out of a total of 64..
115 million children globally are engaged in hard work, children are the driving force in high-profit industries such as metalworking, construction, textiles, electric car battery manufacture, indicate International Labour Organization (ILO) data. The..
Inflation in Bulgaria in April has gone down to 0.3% compared to March and to 11.6% compared to the same month last year, the National Statistical Institute said. Year-to-date inflation (January 2023-April 2023) is 3% and the average annual..
We are not faced with the dilemma whether to support the European Union's 11th package of sanctions against Russia. Bulgaria will support the sanctions as usual. The 11th package of sanctions is aimed at limiting the possibilities of circumventing..
