Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of National and World Economy in Sofia, the German-Bulgarian Chamber of Industry and Commerce presented the 21st Awards of the German Economy in Bulgaria.
The awarded companies are in three categories. The computer software company SAP Labs Bulgaria received the award in the category "Large Enterprise with a Focus on Innovation". Robot maker Simobotics was awarded in the category "Small and Medium-sized Enterprise with a Focus on Innovation". Kaufland Bulgaria won the award in the category ''ESG: Environmental, Social and Governance''.
Germany is a strategic partner of Bulgaria, leading both in trade and investments, emphasized Bulgaria’s Minister of Economy and Industry Petar Dilov. He described German companies as reliable and long-term investors, despite the challenging economic situation in the past year.
Germany supports Bulgaria's economic integration with the European family, including its membership in Schengen and its future entry into the eurozone, said the Ambassador of Germany to Bulgaria, Irene Maria Plank.
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..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
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