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Bulgarian Minister of Economy Korneliya Ninova

Bulgaria’s government discusses measures to help economy and households

In response to the crisis caused by the suspension of natural gas imports from Russia, the government envisages several concrete measures to help businesses and households. During the expert advisory council on fuels, Minister Kornelia Ninova..

13.05.22 19:20 |

Bulgarian production on the rise despite crisis in EU

As a result of effects of the ongoing war in Ukraine, industrial production in the euro area and across the union contracted sharply in March. However, Bulgaria has witnessed a significant production growth. According to Eurostat data, Bulgaria..

13.05.22 19:19 |

Business climate in Bulgaria has improved in April

The economic situation in the country has improved compared to March. But a growing number of executives in all sectors predict price increases in the next three months , according to the latest survey by the National Statistical Institute ...

29.04.22 13:53 |

Bulgaria Today – 7 April 2022

Welcome to Bulgaria Today on April 7.  We open up with a summary of leading news today and weather report for tomorrow. Next, will the Recovery and Resilience Plan be able to boost Bulgaria’s economy – opinion of economist Stoyan Panchev.  Also,..

07.04.22 18:00 |

EBRD cuts 2022 GDP growth forecast for Bulgaria

The European Bank for Reconstruction and Development has lowered its forecast for Bulgaria’s GDP growth, because of the war in Ukraine. EBRD expects that Bulgaria’s gross domestic product will rise 2.8% in 2022, a downward revision of the 4.4% growth..

01.04.22 11:07 |

Minister of Economy Ninova offers special regime for export-oriented companies

The Ministry of Economy will submit to the Council of Ministers a proposal to declare an extraordinary situation for export-oriented companies due to the war in Ukraine in force retroactively on February 24, Minister of Economy..

16.03.22 16:29 |

Economy Minister Ninova: what Bulgaria’s economy needs is direct support

Deputy Prime Minister and Minister of Economy Kornelyia Ninova met with employers to discuss the impact on the Bulgarian economy of the sanctions imposed on Russia, possible counter-sanctions and the consequences they will have for Bulgaria, the..

26.02.22 12:08 |

Economic forecasts of BNB and government differ significantly

The Bulgarian National Bank - BNB has made a forecast for inflation and economic growth that is significantly gloomier than that of the Ministry of Finance. According to the BNB, inflation will continue to be high and at the end of..

01.02.22 14:05 |
Minister of Innovation and Growth Daniel Lorer

Skopje hosts the first meeting of Bulgaria-North Macedonia Working Group on Economy, Trade and Innovation

Skopje is to host today the first meeting of the Working Group on Economy, Trade and Innovation between Bulgaria and the Republic of North Macedonia, Bulgaria’s Ministry of Economy announced. The Bulgarian delegation is headed by the Minister of..

01.02.22 05:05 |

BNB warns banks to be careful with lending

In the bulletin of the Association of Banks in Bulgaria, Governor of the Bulgarian National Bank (BNB), Dimitar Radev, has predicted inflation peak in June and subsequent easing. Radev also predicts a reversal of the interest..

25.01.22 12:10 |
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