In the fourth quarter of 2019, Bulgaria’s gross domestic product amounted to EUR 16.7 billion, which is 3.1% more than the previous trimester, the National Statistical Institute announced. In real terms, the GDP increased with 3.4% last year. The relative share of the industrial sector in this country’s GDP saw 1.6% increase to 23.5%. The relative share of the service sector fell from 75.3% in 2018 to 73.7% last year. Investments form 20.8% of the GDP. The foreign balance of trade of goods and services is positive, data of NSI further show.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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