In a video address, Prime Minister Kiril Petkov stated that if 75% of people in Bulgaria get vaccinated the economy is not going to shut down. In Kiril Petkov’s words the only way tight restrictions can be avoided is vaccination. He..
"We will probably see growth of around 4.5% by the end of 2021, but 90% of this growth is due to credits and inflation, which remained underestimated. The percentage of real GDP is low as it grew by just 0.6% in the 2 nd and the 3-rd trimester. We..
Economic growth of 5% is achievable, Daniel Lorer, Minister of Innovation and Growth, has told BNR. "By creating a new image as a country where there is no corruption and where the state promotes business instead of hindering it, the 5% target is..
The flow of foreign direct investments to Bulgaria from January to October remained positive, but decreased sharply on an annual basis. Foreign investments reached 1.144 billion euros. This is 1.178 billion euros less than in the same..
The ministers of economy, tourism and culture signed an agreement on the promotion of the various forms of tourism in this country, Bulgaria’s public service TV BNT reports. The idea is to shorten the dialogue between industry and the institutions..
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..
