Between January and October 2018 Bulgaria’s trade balance was negative to the tune of EUR 1.829 billion (3.5% of the country’s gross domestic product), whereas in the same period last year the trade balance was negative and amounted to EUR 251.9 million (0.5% of the GDP), the Bulgarian National Bank announced. Between January and October 2018 exports increased with EUR 474.2 million (2.1%) as compared to the same period last year to EUR 22.872 billion (43.3% of the GDP). Meanwhile, imports climbed EUR 2. 051 billion (9.1%) as compared to January-October 2017.
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..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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