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.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador..
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