The leadership of the Bulgarian Industrial Association have met with the new Bulgarian ambassador in Beijing, Andrey Tehov. Chair of the association, Dobri Mitrev, informed the diplomat that entrepreneurs trading with China consider bilateral business relations to be unbalanced due to objective political reasons.
The country's performance in the Chinese market could be improved and Bulgaria's presence at major trade fairs in China should be completely reconsidered, according to the association. It is important for Bulgarian companies to enter sectors such as green energy, electric vehicles, specific foods. However, the companies that tried to enter the Chinese market are pressured by the Chinese counterparties to reveal their trade secrets.
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..
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