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One out of 6.5 million Bulgarians are inactive

Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..

20.05.24 15:08 |
Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

08.04.24 10:04 |

Inflation slows, says NSI

Monthly inflation was 0.3 per cent in February, the National Statistical Institute (NSI) said.  Bulgaria's annual consumer price index (CPI) recorded inflation of 3.3 per cent in February, down from 3.8 per cent in the previous month.  It was the 14th..

14.03.24 13:50 |

Bulgaria participates in informal meeting of EU economic and financial affairs ministers

On February 23-24, 2024, the informal meeting of the Economic and Financial Affairs Council (ECOFIN) takes place in Ghent, Belgium. At the meeting, ministers discuss the future of the European Investment Bank, as well as the development of capital..

23.02.24 08:25 |

The World Bank warns Bulgaria of possible slowdown in its economic growth

A World Bank report on public finances in Bulgaria points out the need to improve VAT collection. It also states that greater efficiency is needed in public procurement, spending on education and helping the vulnerable groups...

22.02.24 16:25 |

Minister of Economy is optimistic about growth and foreign investments

The forecast for 2% growth of the economy is being preserved, Minister of Economy and Industry Bogdan Bogdanov said in Varna. It is expected that the level of investment interest in Bulgaria will also be kept. Of course, we take..

16.02.24 13:26 |

Bulgarian Minister of Economy reports record rise in investments

Bulgaria reports the highest growth of foreign direct investments (FDI) for the past 12 years. This is what Minister of Economy Bogdan Bogdanov said at a meeting with Christophe Debus, chief financial officer of the German company Flix and Petar Bankov,..

22.01.24 16:23 |

Bulgarian economy is growing at a higher rate than EU average, but this is still not enough

The economic situation in Bulgaria calmed down at the end of 2023 after the uncertainty during the year, caused by the political situation and the lack of a budget until the end of July. This is what Lachezar Bogdanov, Chief Economist at the Institute..

08.01.24 15:51 |

As minimum wage rises, Bulgarians' hopes for better purchasing power grow

2024 has begun with many changes in the incomes of Bulgarian citizens.  The minimum wage is now EUR 477.04, an increase of 19.6% or EUR 78.23 compared to last year. The minimum hourly wage is 2.85 EUR. The minimum selected monthly social security income..

08.01.24 13:31 |

Investments from the USA in Bulgaria are higher than official figures

Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years.  For a number of reasons, many global..

11.12.23 11:50 |
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