FDI in Bulgaria in January-July 2020 was 1.41B EUR
Foreign direct investment in Bulgaria in the first seven months of 2020 stood at 1.41 billion euro, the equivalent of 2.5 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on September 18.... Read More →
Bulgaria raises 2.5 billion euro with two long-term bond issues
Bulgaria’s Finance Minister Kiril Ananiev said on September 16 that it has sold 2.5 billion euro in 10-year and 30-year eurobond issues on international markets, with the funds slated to finance the government’s economic measures to blunt the impact of... Read More →
Poll: Business sentiment in Bulgaria improved fractionally in August 2020
A regular monthly poll by Bulgaria’s National Statistical Institute (NS) has found that business sentiment in the country improved marginally in August 2020, compared with July, but largely only because of improved confidence among managers in the service sector. The... Read More →
Foreign Direct Investment in Bulgaria in H1 2020 was 263M EUR
Foreign direct investment in Bulgaria in the first half of 2020 stood at 263 million euro, the equivalent of 0.5 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on August 17. In... Read More →
First Sod of The Supercomputer made in Sofia. Bulgaria Becoming a Digital Hub in the Region
“With its huge power, the supercomputer in Bulgaria will be able to make billions of operations, comparisons and conclusions within an hour. The heat generated by it will be used to heat neighboring buildings. After its construction, Bulgaria will establish itself as a digital hub in... Read More →
Bulgaria reports 0.3% economic growth in Q1 2020
Bulgaria’s economy grew by 0.3 per cent in the first quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on June 4. The figure was in line with NSI’s flash estimate released last month.... Read More →
Bulgaria’s BBB credit rating, outlook revised to stable
S&P Global Ratings has re-affirmed its long- and short-term foreign and local currency sovereign credit ratings on Bulgaria at ‘BBB/A-2’, but downgraded its outlook from positive to stable. The change in outlook was due to the “significant deterioration of growth... Read More →
Bulgaria January-April 2020 Budget surplus at 1.63B leva
Bulgaria’s Finance Ministry said on May 29 that the consolidated Budget surplus for the first four months of 2020 was 1.63 billion leva, exceeding the ministry’s forecast of 1.59 billion leva issued last month. This was a significant drop compared... Read More →
Foreign Investments in Bulgaria Increased by 100 Million Euros in the First Quarter of 2020
According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by 100 million euros in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than 254m euros were invested in... Read More →
Why Now Is Still a Good Time to Start a Business
To most people, this may not seem like a great time to start a new company, but that’s exactly why it is. If you follow conventional wisdom, then this is likely the worst time to start a new business. People are more... Read More →