In the period January to September 2016 Bulgaria’s balance of payments not only remained positive, but has also registered improvement. For the first nine months of the year the balance of current and capital account of the state is positive, reaching 3.1194 billion euros or 6.9% of projected GDP, while in the same period of 2015 it was 1.9854 billion euros or 4.4 percent of GDP. The trade balance since the beginning of the year is negative and totals 1.0881 million euros or 2.4 percent of GDP. However, over the same period last year the deficit was considerably higher - 1.6118 billion euros or 3 6% of GDP.
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..
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..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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