From January to March 2020, Bulgarian exports fell by 1.1% compared to the same period in 2019. Exported goods totaled over 7 billion euros, according to national statistics.
The biggest contraction was in March at 8.8%, when exports reached 2.244 billion euros. Imports of goods in the first quarter also declined by 1.1% compared to 2019. In March 2020, total imports of goods dropped by 6.3 percent and amounted to 2.56 billion euros. Foreign trade balance for the first quarter was negative at EUR 747 million.
Eurostat announced that in March 2020, industrial production in Bulgaria shrank by 5.1% compared to February. Industrial production in the EU in March fell by 10.4 percent on a monthly basis.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder