Metallurgy has already outpaced the energy sector in terms of GDP volume, data of the Bulgarian Association of the Metallurgical Industry shows. The competitiveness of metallurgy along with the stability registered in other industries allows this country to maintain 3.5% annual growth of its gross domestic product. The development of copper industry and the increased capacity in the production of cathode copper is of great importance for the national economy. However, Bulgaria is below the EU average in terms steel production per capita. This is a key industry and many economic sectors depend on it. The deficit of workforce is a serious problem for the metallurgy sector, but the Bulgarian Association of the Metallurgical Industry expects that this problem will be gradually resolved through the return of Bulgarian emigrants to Bulgaria.
Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..
The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..
The decision to send troops to Ukraine is an exclusive prerogative of the parliament. This is stated in the position of the Ministry of Foreign Affairs, following a request made by the US to European countries. Questions about..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
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