Between January and November 2016 Bulgaria’s exports increased with 6.8% year on year to EUR 14.8 billion, the National Statistical Institute informs. 64% of the country’s exports were directed to Germany, Italy, Romania, Greece and France. Meanwhile, imports from the EU increased with 1.9% to EUR 15.8 billion. Germany, Italy, Romania, Greece and Poland were the biggest EU exporters to Bulgaria. Bulgaria’s trade balance with the European Union remained negative to the tune of EUR 1.1 billion.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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