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Bulgarian National Bank

Foreign investments dropped by half in first 10 months of 2021

The flow of foreign direct investments to Bulgaria from January to October remained positive, but decreased sharply on an annual basis. Foreign investments reached 1.144 billion euros. This is 1.178 billion euros less than in the same..

19.12.21 13:52 |
(L to R) Velislav Minekov, Daniela Vezieva and Stella Baltova

Three Bulgarian ministries sign agreement on new tourism opportunities

The ministers of economy, tourism and culture signed an agreement on the promotion of the various forms of tourism in this country, Bulgaria’s public service TV BNT reports. The idea is to shorten the dialogue between industry and the institutions..

06.12.21 17:32 |

Lack of qualified manpower and good infrastructure in Bulgaria deters potential investors

The European Bank for Reconstruction and Development lowered its forecast for the Bulgarian economy due to the low level of vaccination against the novel coronavirus and the political crisis. Does Bulgaria stand a chance to recover after..

24.11.21 18:05 |

Bulgaria with new debt of 255 million euros

On November 22, the Bulgarian National Bank held an auction for the sale of government bonds with a maturity of 7.5 years and a fixed annual interest rate of 0.25%. The state loan totals 255 million euros. In 2021, the Ministry of Finance already..

22.11.21 13:52 |

Bavarian representation in Bulgaria presents its annual awards

Bavaria is among the three German federal states with the highest volume of investments in Bulgaria and with the highest share in bilateral trade . This was stated by the Bulgarian Minister of Economy Daniela Vezieva at the presentation of the annual..

17.11.21 16:40 |

Bulgaria calls for coordinated approach to tackling the energy crisis at meeting in Brussels

An analysis of the impact of high energy prices on the whole economy is needed. This is what Bulgaria's Minister of Finance Valeri Belchev called for at today's Economic and Financial Affairs Council in Brussels. He stressed that high prices and the..

09.11.21 19:32 |

European Bank for Reconstruction and Development cuts its forecast for Bulgaria over low vaccination rate

The European Bank for Reconstruction and Development, EBRD, is forecasting that the economy of Bulgaria will grow by 4.2% in 2021, compensating for the 4.2% drop in 2020. This means the EBRD has cut down its June forecast for a 4.5% GDP growth by..

04.11.21 10:53 |

A new factory for the manufacture of orthoses unveiled in the town of Blagoevgrad

A new factory for the manufacture of orthoses (medical devices protecting and supporting the locomotor system during injuries) was unveiled in the town of Blagoevgrad, Western Bulgaria. The German investment is estimated at more than EUR 10 million..

07.10.21 15:40 |
Kristalina Georgieva

IMF Chief Kristalina Georgieva faces serious accusations

IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China. According to an independent report by law..

17.09.21 15:25 |

Sofia's long-term credit rating remains stable

The international rating agency Standard & Poor's (S&P) has confirmed the stability of Sofia's long-term credit rating - BBB, which is equal to Bulgaria's rating , the Sofia Municipality announced. According to the agency, the national GDP per..

31.08.21 12:37 |
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