Moody’s credit ratings agency has affirmed the long-term foreign and local currency sovereign credit ratings on Bulgaria at ‘Baa1’ with a stable outlook , the Ministry of Finance announced. According to the agency, the country can still..
The war in Ukraine is putting the world economy to the test, and UN experts are presenting an outlook for 2023 with the slowest growth rate in a decade. For Bulgaria the outlook is for a slowdown of growth from the expected 3% for 2022 down to..
The National Statistical Institute's data on Bulgaria's exports as of August show that Ukraine has climbed from eighth to third place among Bulgaria's non-EU trading partners , displacing the US, the Capital weekly reports. Ukraine imposes..
Over the last year and a half, industrial production in Bulgaria continues its upward trend on a monthly and annual basis. For August the growth is estimated at 0.7% compared to July and 16.5% compared to last year, announced the National..
Bulgarian economy grew by 0.8% in the second quarter of the year compared to the first three months, according to preliminary data from the National Statistical Institute. On a year-on-year basis, growth was 4%. The largest contributor to..
Bulgaria’s Premier Kiril Petkov is to participate at the informal EU summit in Versailles, the government press service announced. Today, the European leaders are expected to discuss the situation in Ukraine, as well as concrete steps towards more..
Economic growth of 5% is achievable, Daniel Lorer, Minister of Innovation and Growth, has told BNR. "By creating a new image as a country where there is no corruption and where the state promotes business instead of hindering it, the 5% target is..
The progress towards group immunity against Covid-19 and the phasing out of the restrictive pandemic measures in Bulgaria and the country’s trading partners will lead to a tangible increase in the GDP during the second and third quarter of 2021...
58% of Bulgaria’s business leaders expect economic growth in the next one year, 68% say they expect an increase in their companies’ revenues, but only 15% have plans to enter to a new market, indicate data from the 24 th global survey by a..
Bulgaria’ s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an..