Trade between Bulgaria and Germany is expected to decline by nearly 6% in 2020 to about EUR 8 billion. In 2019, the Bulgaria-Germany trade amounted to EUR 8.5 billion. This is not a dramatic decline, Dr. Mitko Vasilev, CEO at the German-Bulgarian Chamber of Industry and Commerce said.
Germany’s export to Bulgaria has decreased, but Bulgaria’s export to Germany has remained steady. That is why Bulgaria expects a positive trade balance with Germany in 2020. This is extremely good news, because it happened only twice- in 1942 and 2013, Mitko Vasilev commented for Bloomberg TV Bulgaria.
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
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