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 →
Bulgaria’s exports in January-July 2020 dropped 7.5% y/y
The total value of all goods exported from Bulgaria in January to July 2020 was 7.5 per cent less than in the same period of 2019, according to figures posted on September 14 by the National Statistical Institute (NSI). Trade... Read More →
Unemployment in Bulgaria in July 2020 was 4.4 %, the EU unemployment rate was 7.2 per cent
Unemployment in Bulgaria in July 2020 was 4.4 per cent, unchanged from June, according to seasonally-adjusted figures published on September 1 by European Union statistics agency Eurostat. The 4.4 per cent represented an estimated 143 000 people in Bulgaria, according... 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 →
Fitch affirms Bulgaria ‘BBB’ credit rating
Fitch Ratings has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’ with a stable outlook, but now expects gross domestic product to shrink by 5.7 per cent in 2020, compared to 5.1 per cent... 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 →
Bulgaria H1 2020 Budget surplus at 1.61B BGN
Bulgaria’s Finance Ministry said on July 31 that the consolidated Budget surplus for the first half of 2020 was 1.61 billion leva, exceeding the ministry’s forecast of 1.56 billion leva issued last month. This was a 50 per cent drop... Read More →
4 Coronavirus-Related Questions That Can Define the Future of Your Business
Covid-19 temporarily changed the way businesses operate nationwide. But could these temporary changes lead to permanent shake-ups? So, here are some of the top questions business owners are asking: 1. Should I take my business fully remote? For 31% of businesses,... Read More →
Bulgaria accepted into ERM2 euro zone ‘waiting room’
The European Central Bank (ECB) said on July 10 that Bulgaria and Croatia have been accepted to join the Exchange Rate Mechanism (ERM2), the euro zone’s “waiting room”. The two countries can join the euro area after spending at least... Read More →