The European Bank for Reconstruction and Development lowered its forecast for the Bulgarian economy due to the low level of vaccination against the novel coronavirus and the political crisis. Does Bulgaria stand a chance to recover after..
On November 22, the Bulgarian National Bank held an auction for the sale of government bonds with a maturity of 7.5 years and a fixed annual interest rate of 0.25%. The state loan totals 255 million euros. In 2021, the Ministry of Finance already..
Bavaria is among the three German federal states with the highest volume of investments in Bulgaria and with the highest share in bilateral trade . This was stated by the Bulgarian Minister of Economy Daniela Vezieva at the presentation of the annual..
An analysis of the impact of high energy prices on the whole economy is needed. This is what Bulgaria's Minister of Finance Valeri Belchev called for at today's Economic and Financial Affairs Council in Brussels. He stressed that high prices and the..
The European Bank for Reconstruction and Development, EBRD, is forecasting that the economy of Bulgaria will grow by 4.2% in 2021, compensating for the 4.2% drop in 2020. This means the EBRD has cut down its June forecast for a 4.5% GDP growth by..
A new factory for the manufacture of orthoses (medical devices protecting and supporting the locomotor system during injuries) was unveiled in the town of Blagoevgrad, Western Bulgaria. The German investment is estimated at more than EUR 10 million..
IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China. According to an independent report by law..
The international rating agency Standard & Poor's (S&P) has confirmed the stability of Sofia's long-term credit rating - BBB, which is equal to Bulgaria's rating , the Sofia Municipality announced. According to the agency, the national GDP per..
The rise in the price of electricity and fuels has led to rising food prices. Gasoline and diesel prices have been the highest since the beginning of the pandemic and are likely to continue to affect the chain, CITUB economist Lyuben..
The realistic deadline for updating the budget is three weeks from now, Lubomir Karimanski, chairman of the parliamentary budget committee and MP of "There Is Such a People", has told BNR. According to him, the President and..
