International trade in services of the European Union has increased significantly over the last decade, according to EU statistics office Eurostat. Bulgaria's export of services to countries outside the EU totals 2.2 billion euro. The major trade partner of Bulgaria is Russia with 655 million euro, followed by the U.S. with 229 million and Switzerland with 106 million. Bulgarian imports of services in 2013 reached nearly 1.3 billion euros. The largest share goes to the U.S -. 140 million euro, followed by Russia with 120 million and Switzerland with 75 million. Bulgaria reported a surplus in services trade with countries outside the EU totaling 928 million euro. The largest is the surplus in trade with Russia - 536 million and the U.S. - 89 million.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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