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14 Bulgarian companies have leading positions in Southeast Europe

Fourteen Bulgarian companies find a place among the 100 largest companies in Southeast Europe in this year's TOP 100 ranking of the economic news and analysis agency SeeNews , cited by bTV.  For comparison, in last year's edition, 12 Bulgarian companies..

published on 10/25/23 2:11 PM

NSI: Bulgaria's debt for 2022 is 22.6% of GDP

Bulgaria's debt for 2022 is 19.35 billion euros, or 22.6% of GDP, according to final data from the National Statistical Institute. The institutional sector "General government" reports a budget deficit of BGN -2.05 billion euros or -2.9% of GDP.

published on 10/23/23 3:30 PM

Private second pension funds register negative financial performance

The financial performance of the additional, obligatory and voluntary pension funds is mostly negative for the past two years, over the period from 30 September, 2021 until 29 September 2023, the Financial Supervision Commission had..

published on 10/21/23 4:07 PM

There is interest in the sale of Lukoil refinery Bulgaria's Burgas

The increased pressure of the Bulgarian government on the Russian companies operating in Bulgaria has caused Lukoil to start a procedure for the sale of its Burgas-based oil refinery , Bulgarian Finance Minister Assen Vassilev told the Financial Times...

published on 10/18/23 11:27 AM

Bulgarian traditional products will be presented at a fair in Japan

Traditional Bulgarian products and tourism opportunities in Bulgaria will be presented at an international fair in Kashiwa , Tokyo, on 15 October. Bulgaria is participating in the fair for the second year with its own stand, the Embassy of Japan..

published on 10/13/23 4:35 PM

BICA pushes for easier labour import and faster increase in retirement age

The Bulgarian Industrial Capital Association (BICA) insists on reforming the pension system and accelerating the rate of increase of the retirement age for men and women, as well as easing the administrative procedures for importing labour from..

published on 10/10/23 4:39 PM

IMF raises the forecast for Bulgaria's economic growth in 2023

The International Monetary Fund (IMF) has raised the forecast for Bulgaria’s economy growth in 2023, according to the institution's autumn report. In 2023, the Bulgarian GDP will be 1.7%, which is 0.3 percent more in comparison to..

published on 10/10/23 11:59 AM

Eurostat: Bulgaria ranks second in the EU in house price growth

House prices in the European Union increased by 0.3% in the second quarter , compared to the first quarter of 2023. In Bulgaria over the same period, house prices rose by 4.3% compared to the first quarter, European statistics agency Eurostat, published..

published on 10/3/23 4:22 PM

What Bulgaria stands to gain (or lose) by entering the Eurozone

Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set..

updated on 10/3/23 12:52 PM

Budget deficit reaches 0.4% of GDP

At the end of September, the budget deficit was 380 million euro, the Ministry of Finance reported. This is 0.4% of the projected Gross Domestic Product. By the end of the year, the deficit is expected to reach the planned 2.5% of GDP...

published on 10/3/23 9:18 AM