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 →
Income of Bulgarians Increases by 12% for the First Quarter
An increase in the income of Bulgarians of over 12% at the beginning of the year was reported by the National Statistical Institute. The average income already exceeds BGN 1,700 per month. At the same time, the total costs increase... Read More →
Bulgaria Q1 2020 Budget surplus at 1.43B leva
Bulgaria’s Finance Ministry said on April 30 that the consolidated Budget surplus for the first three months of 2020 was 1.43 billion leva, exceeding the ministry’s forecast of 1.28 billion leva issued last month. This was a significant drop compared... Read More →
4 Things Businesses Can Do During the Coronavirus Pandemic
Every company is worried about what a post-coronavirus world will look like. But most can strengthen their chances of survival now. Hopefully, your employees are working from home right now. With unemployment claims reaching all-time highs, your workers may feel uncertain about... Read More →
Bulgaria’s exports up 2.7% on annual basis in January – February 2020
Bulgaria’s exports in January and February 2020 were 2.7 per cent higher than in the first two months of 2019, the National Statistical Institute (NSI) said on April 10. In the period January – February 2020 the total value of... Read More →
Unemployment in Bulgaria in February 2020 was 4.1%
Unemployment in Bulgaria in February 2020 was 4.1 per cent, unchanged from January and down from 4.7 per cent in February 2019, European Union statistics agency Eurostat said on April 1, citing seasonally-adjusted figures. The February 2019 figure represented an... Read More →
Bulgaria’s exports to other EU countries rose 2.9% in 2019
Bulgaria’s exports to other European Union countries rose by 2.9 per cent in 2019 compared with 2018, the National Statistical Institute (NSI) said on March 12, citing preliminary data. In 2019, Bulgaria’s exports to other EU countries amounted to 38... Read More →
