Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian President reports real growth in industrial production

President Rumen Radev
Photo: president.bg

Bulgaria has become a factor in the Balkans and Europe through partnerships that strengthen economic and energy security. They are in the interest of our neighboring countries, partners and allies in the EU and NATO, said Bulgarian President Rumen Radev at forum "The World Ahead 2023" held in Sofia.

At the forum organized by "The Economist" magazine, the Bulgarian head of state stressed that, despite the crisis, the data from 2022 show an upswing in the Bulgarian economy, especially in exports. He pointed out that the industrial structure is also changing from the export of raw materials to the export of products with high added value. 

"Bulgaria is seeing a real growth in industrial production," the president said.

As a medium-term challenge for the Bulgarian economy, Radev highlighted the curbing of inflation, which leads to deepening social stratification.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian protein bar maker expands operations

Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..

published on 9/14/24 9:35 AM

BNB tightens criteria for granting mortgage loans

As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...

published on 9/11/24 6:01 PM
Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Bulgaria H.E. Ms. Dai Qingli

H.E. Ms. Dai Qingli: Bulgaria and China have practical cooperation which we are hoping to deepen

Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of Bulgaria, as this country was then called, exchanged ambassadors, developing full-scale relations –..

published on 9/11/24 1:09 PM