Between January and November 2018 Bulgaria’s exports to the EU rose 9.5% year on year to over EUR 17.9 billion, data of the National Statistical Institute show. Germany Italy, Romania, Greece, France and Belgium were biggest EU importers of Bulgarian produce- 67.5% of Bulgaria’s export to the European Union was to these six countries. Meanwhile, imports from the EU increased with 6.8% to over EUR 18.8 billion. Bulgaria’s exports to non-EU countries saw a double-digit decrease (12.5%) to nearly EUR 9 billion. Turkey, China, Serbia, the USA, North Macedonia and Russia were the biggest non-EU importers of Bulgarian produce- 52.6% of Bulgaria’s total exports to non-EU countries. Bulgaria’s total export from January until November last year increased with 1.2% to EUR 28.3 billion. The total imports rose 6.3% to EUR 32,184 billion. Bulgaria’s foreign trade balance is negative to the tune of EUR 1.655 billion.
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..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
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..
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