In January 2024, the business sentiment in the country improved due to the improvement of the business climate across all observed sectors. In industry and construction, there are expectations for some price increases in the next three months, while managers in trade and the service sector do not foresee any price changes in the coming months.
In January, the business climate indicator increased by 3 percentage points compared to December 2023, when it dropped by 1.8 percentage points to 22.8%, shows the latest survey by the National Statistical Institute. The business climate indicator in industry increased by 2.6 points in January. The business climate indicator in the construction sector increased by 4.6 points. The business climate indicator in the service sector was up 2.4 points and the indicator in the retail trade sector increased with 2.9 points. The uncertain economic environment and labour shortages remain the main problems for business development.
The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB)..
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