Three strategic goals have been set in the new Strategy for Small and Medium Enterprises in Bulgaria for the period 2021-2027, published for public discussion on the website of the Ministry of Economy. The first goal is increased competitiveness of small and medium enterprises in Bulgaria, the second - specialization in high-tech industries and knowledge-intensive services, and the third - regional equality.
The document has been prepared on the basis of an analysis of the situation of small and medium enterprises in Bulgaria in the period 2008-2018 and consultations with business and local authorities.
In Bulgaria, small and medium enterprises contribute to 75.7% of total employment and 65.3% of added value in the economy in 2018, the document reads.
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..
We expect the governments of Belgium and the Netherlands to decide soon on the acquisition of their decommissioned mine hunters by..
Starting in November, euro banknotes and coins will be offered for purchase to businesses and citizens before entering the eurozone on..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
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