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 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..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
"Bulgaria expresses strong solidarity with Lithuania following Russia's repeated violations of European airspace, a clear example of deliberate breaches..
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