Bulgaria’s total exports in the first 5 months of 2020 has decreased with 8.1% to nearly EUR 10.5 billion as compared to the same period in 2019 which was due to the coronavirus epidemic, preliminary data of the National Statistical Institute show. Imports shrank by 12.7% to nearly EUR 11.5 billion. Bulgaria’s exports to the EU fell 7.7% to nearly EUR 7.1 billion as compared to the first five months of 2019. Exports to third countries declined with 8.9% to nearly EUR 4 billion. Meanwhile, imports from the EU decreased with 13.2% to nearly EUR 7.1 billion and imports from non-EU countries shrank with 11.9% to nearly EUR 4.6 billion. A certain boost in trade is expected after the relaxation of the anti-epidemic measures in Bulgaria.
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The adoption of the euro from January 1, 2026, is "one of the most important stages in Bulgaria's European path'', said Premier Rosen Zhelyazkov at the high-level conference titled "Bulgaria on the Doorstep of the Eurozone" held in Boyana Residence in..
The European Parliament’s Committee on Petitions (PETI) has decided to monitor the state of road safety in Bulgaria. The decision came after hearing a petition submitted by Rosalina Gadyuchkova, a Bulgarian citizen living in the United Kingdom. The..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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