Bulgaria's gross external debt at the end of July 2021 was EUR 40.527 billion. This is 61.7% of the country's GDP, the Bulgarian National Bank announced. For a year, the debt has grown by almost 3 billion euros and includes both government and private sector liabilities.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In..
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single..
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