Bulgaria's gross domestic product in 2021 has reached a record €68 billion, rising by 3.6% with inflation at 3.3%, BNR's Natalia Ganchovska reports, quoting the annual edition of the Bulgarian Chamber of Commerce and Industry "Bulgaria in figures".
Inflation rate for 2022 is expected to reach a yearly level of over 12%. The unemployment rate is relatively low, though not as low as the pre-pandemic rate of 4.2% in 2019.
With supply chains restored, Bulgaria is seeing record exports in 2021 of €35bn, or 24% growth, with Germany, Romania, Italy, Greece and Turkey the leading trading partners.
Average wages continue to rise, reaching €782 in 2021 and €814 in the first quarter of 2022.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
+359 2 9336 661