Bulgarian-North Macedonian business forum will be held in early December in Skopje. In 2022, bilateral trade is expected to exceed 1 billion euros, compared to 747 million euros in 2021.
For the first 8 months of 2022, the turnover has already reached over 711 million euros. Bulgaria is the fifth largest trading partner of North Macedonia after Germany, Great Britain, Greece and Serbia. Bulgarian business has good positions in North Macedonia in the spheres of banking and insurance, in mining and processing industry, as well as in the IT sector.
Trade growth has been hampered for years by poor infrastructure connectivity between the two neighboring countries, businesses complain.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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