Business climate in Bulgaria has been improving in June 2020, which is due to more favorable assessments and expectations of companies in all sectors - industry, construction, retail and services, according to national statistics.
The general business climate indicator rose by 11.4 points in June after a rise of 11.8 points in May. For the second month in a row, part of the dramatic decline of 42 points marked in April was erased. Business forecasts are that most prices will remain unchanged. Only in retail trade some price rise is expected.
In April, because of the Covid-19 pandemic, business climate collapsed to levels from February 1997, when banks in Bulgaria went bankrupt.
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
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..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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