Over the last year and a half, industrial production in Bulgaria continues its upward trend on a monthly and annual basis. For August the growth is estimated at 0.7% compared to July and 16.5% compared to last year, announced the National Statistical Institute.
Declines were recorded only in the chemical sector (down 11.6%), electronics (down 10.3%), automotive and timber (down 8.5%).
The construction sector also grew by 0.5% in August, offsetting the decline recorded in July.
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according..
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