Bulgaria’s total exports in the first 5 months of 2020 has decreased with 8.1% to nearly EUR 10.5 billion as compared to the same period in 2019 which was due to the coronavirus epidemic, preliminary data of the National Statistical Institute show. Imports shrank by 12.7% to nearly EUR 11.5 billion. Bulgaria’s exports to the EU fell 7.7% to nearly EUR 7.1 billion as compared to the first five months of 2019. Exports to third countries declined with 8.9% to nearly EUR 4 billion. Meanwhile, imports from the EU decreased with 13.2% to nearly EUR 7.1 billion and imports from non-EU countries shrank with 11.9% to nearly EUR 4.6 billion. A certain boost in trade is expected after the relaxation of the anti-epidemic measures in Bulgaria.
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..
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