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Economist: Do not pump money from the budget into the economy

“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should..

26.10.22 16:53 |

Insufficient investments and inertial budgets are plaguing Bulgaria’s economy

Different professional groups in Bulgaria have been organizing protests with one sole demand – higher pay. The rise in the prices of electricity and heating, and in food prices has been a major challenge to family budgets. According to some..

25.10.22 12:36 |

EU approves EUR 7 billion for Bulgaria

EU funds amounting to EUR 7 billion have been approved in the last two months  under seven operational programmes . The money will support the Bulgarian economy over the next six years, Deputy Premier Atanas Pekanov said at a briefing at the..

21.10.22 12:04 |

How long will the price storm in Bulgaria rage?

The elections have passed but uncertainty about the future after them remains. To the expectations for a regular cabinet with a longer work horizon, people also add the hope that the MPs will try to control inflation and to raise incomes. Before the..

17.10.22 15:27 |

Bulgarian Minister of Economy starts "Breakfast with Investors" series of meetings

Minister of Economy and Industry Nikola Stoyanov has launched a new initiative with foreign companies working in Bulgaria, in order to improve the business environment and promote investments. The first of the series of meetings..

07.10.22 14:39 |

Bulgaria is facing a crisis of incomes, not of goods

For some people, a crisis equals an opportunity. Is it the same for Bulgarians today, when the elections outlined continuing political instability, prices do not stop their growth, and incomes seem to be "frozen" on the edge of survival? Against this..

05.10.22 15:15 |

Components produced in Bulgaria will soon be present in every European car

Bulgaria has been proud of the fact that 9 out of 10 cars in Europe have parts in them that were produced in this country. In the near future Bulgarian components will be present in every European car as we have a confirmation from a..

05.10.22 11:36 |

EBRD raises its forecast for Bulgaria's economic growth

Bulgaria's gross domestic product will grow by 3% in 2022, the European Bank for Reconstruction and Development predicts in its September regional economic report , published today, BTA reported.  Due to the solid performance of the economy in the..

28.09.22 16:50 |

Without reforms, Bulgaria has seen an increase in economic freedom

Bulgaria rose from 36th to 23rd place among 165 countries in the ranking " Economic freedom around the world 2022 ". The study, presented in Sofia by the Institute for Market Economics, is done every year by Canada's Fraser Institute . Bulgaria's..

09.09.22 12:28 |

A deterioration of the business climate in Bulgaria observed in August

The business climate in Bulgaria has worsened by 3.4 points in August compared to July, according to the traditional survey of the National Statistical Institute . The uncertain economic environment remains a leading factor in the deterioration of..

30.08.22 11:44 |
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