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Bulgarian economy registers upsurge, yet unevenly distributed over different regions

There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..

19.11.24 11:51 |

The Institute for Market Economics calls for budget deficit below 3%

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR.  In presenting the institute's alternative state budget, the..

04.11.24 11:27 |
Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

30.10.24 10:41 |

Bulgaria's demographic crisis hits GDP

Population decline has had a strong adverse impact on GDP growth since 2009 , with an average negative effect of around 0.9 percentage points per year. This corresponds to about 45 per cent of the average annual GDP growth rate from 2010 to 2021,..

25.10.24 13:01 |

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

24.10.24 09:15 |

IMF predicts 2.8 per cent inflation in Bulgaria in 2024

Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..

22.10.24 18:44 |

Bulgarian President meets US business delegation

Bulgaria is ready to support investments in the development of digital infrastructure and connectivity, said President Rumen Radev at a meeting with representatives of leading companies from the state of Virginia, USA, working in the..

15.10.24 09:28 |

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

30.09.24 14:02 |
BNB

The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

20.09.24 18:03 |
Mihail Krastev

Economist Mihail Krastev: The budget deficit exceeds 3 billion BGN, the situation continues to worsen

''The data is alarming because it does not reflect the real picture of the deficit in the treasury. In the spring of 2024, the Bulgarian National Bank made a contribution to the budget, that it was not obliged to make and which cannot be expected to..

06.09.24 09:51 |
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