Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Brexit to have indirect effect on Bulgaria’s economy, BIA chair Danev says

Photo: Tanya Harizanova

Bulgaria and its modest economic development will be least affected by the outcome of the referendum in the UK, Executive Chair of the Bulgarian Industrial Association (BIA), Bozhidar Danev, has told the BTA. According to Danev, this country has always been in the periphery of British policy and Bulgaria’s trade turnover with the UK is relatively low - below 2.5 percent of the total trade of the country. At the same time British investments in Bulgaria are also minor. This country, however, will be indirectly affected because of the impact Brexit would have on leading partners of the UK that are also good trade partners of Bulgaria, such as the Netherlands and Germany.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Cabinet to reallocate security service cars to President’s administration

The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..

published on 10/24/25 2:04 PM
Vasil Levski Airport in Sofia

Regular flights from Sofia to the US expected from spring 2026

The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..

published on 10/24/25 1:45 PM

The sale of Lukoil’s assets in Bulgaria will take place only after a decision by the Council of Ministers and approval from DANS

Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..

published on 10/24/25 12:04 PM