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Caretaker Minister of Economy Kiril Petkov: We stay part of Bulgaria’s political life

"In one way or another we will monitor the way things happen; unlike the past, when we just protested." This is how caretaker Minister of Economy Kiril Petkov answered the question whether he would continue his career as a politician...

08.08.21 12:01 |

Business is worried about lack of political clarity

The Bulgarian Industrial Capital Association has called for an open dialogue on priorities and policies, as well as on the composition of the future government. The country needs a parliament and a government, not new elections, employers said...

19.07.21 14:37 |

EBRD: Bulgaria’s GDP to increase by 4.5% in 2021

Bulgaria’s gross domestic product will grow by 4.5% this year and by 4% in 2022, stronger than previously expected, indicates the June forecast of the European Bank for Reconstruction and Development, reported BGNES. In 2020, which was marked by the..

29.06.21 18:03 |

Check by Ministry of Economy shows dams were repaired at inflated prices

Dams have been repaired at prices five times higher than market ones, Economy Minister Kiril Petkov said after inspecting three reservoirs in the districts of Sliven and Lovech. According to him, the dams were empty after 2. 5 million euros were..

14.06.21 15:41 |
Levon Hampartzoumian

Bulgarian Business Leaders Forum grants 2020 Responsible Business Awards

The Bulgarian Business Leaders Forum has granted the 2020 Responsible Business Awards. The main objective of the annual awards is to give credit to companies with remarkable record in the field of corporate social responsibility and encourage other..

11.06.21 11:14 |
(L to R) Finance Minister Assen Vassilev, Galab Donev and Kiril Petkov

Government revives economy with quick loans state guarantees

“A gradual transition is apparent in the country - from a closing of the economy to a revival and recovery. This is confirmed also by the level of unemployment, which as of 2 June stood at 5.65%, a drop of 37% compared to a year earlier,” Minister of..

04.06.21 12:43 |

Recovery plan could be presented until 2022

EU Member States will be able to present their national recovery plans in Brussels by 2022. The postponement was announced a few days ago, outgoing Deputy Prime Minister Tomislav Donchev said. The Bulgarian plan is expected to be..

27.04.21 17:34 |

Bulgarian Industrial Capital Association calls for measures to support economy

The Bulgarian Industrial Capital Association (BICA) called on the new 45th National Assembly to support measures for economic development. In a declaration to Bulgaria’s Parliament, BICA called for efficient administration and transparent governance..

14.04.21 17:27 |

Bulgarian banking system remains very liquid

Loans totaling 4.2 billion euros were rescheduled because of the Covid-19 crisis at the end of February, BNR reporter Marta Mladenova informed. The number of rescheduled loans as of March 31 will be clear in a month. The end of March..

31.03.21 17:46 |

EU funds have boosted Bulgaria's GDP by 8.3%

During the second 7-year-long programming period of the EU, Bulgaria has absorbed 54% of financing provided under EU funds. Out of a total of 9.9 billion euros allocated under 10 programs, 6.360 billion euros had been..

29.03.21 09:59 |
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