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.
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
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