During a meeting with representatives of the Eastern Committee of German Economy, Bulgarian Deputy Ministers of Economy, Daniela Vezieva and Lyuben Petrov, presented opportunities for expanding investments and trade between Bulgaria and Germany.
A trend exists for German companies who plan to withdraw their investments from China and Turkey to benefit from the advantages offered by the business environment in the region, it was announced. We need to attract businesses here, because this would make gross domestic product rise, as well as trade, said at the forum Michael Harms – Executive Director of the Eastern Committee of German Economy, which represents the interests of more than 200 German companies in 21 countries in Eastern Europe. Lyuben Petrov has pointed out that Bulgaria could be a potential business and investment destination for companies because of the crisis in Ukraine and sanctions against Russia.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
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