At the end of March 2020, Bulgaria’s gross external debt stood at EUR 33,495 billion, or 51.5% of the country’s gross domestic product. The gross foreign debt decreased by 1.7% (EUR 576 million) as compared to the end of 2019. Bulgaria’s foreign debt decreased by 2.2% (EUR 738.3 million) as compared to the end of March 2019, the Bulgarian National Bank announced. The long-term debt fell 0.8% to EUR 25,705 billion as compared to March 2019. Bulgaria's long-term debt accounts for 76.7% of the gross external debt and 39.5% of the GDP.
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
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