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.
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, 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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