Metallurgy has already outpaced the energy sector in terms of GDP volume, data of the Bulgarian Association of the Metallurgical Industry shows. The competitiveness of metallurgy along with the stability registered in other industries allows this country to maintain 3.5% annual growth of its gross domestic product. The development of copper industry and the increased capacity in the production of cathode copper is of great importance for the national economy. However, Bulgaria is below the EU average in terms steel production per capita. This is a key industry and many economic sectors depend on it. The deficit of workforce is a serious problem for the metallurgy sector, but the Bulgarian Association of the Metallurgical Industry expects that this problem will be gradually resolved through the return of Bulgarian emigrants to Bulgaria.
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic situation continues to fall, dropping by 4.7 points in July 2025, to minus 21.1 percent, National..
The National Social Security Institute pays 16,000 out of the total of almost 2 million pensions to Bulgarians abroad. The biggest number of Bulgarian pensioners lives in Germany – 4,100. There is one Bulgarian pensioner living in South Korea and one..
The expected decline in Bulgarian exports to the US due to the new tariffs is about 32.8%. This is 1.5 percent of the country's total exports, says Deputy Minister of Economy and Industry Doncho Barbalov. The decline in Bulgarian GDP in 2025 due to the..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be..
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