In January, the overall business climate indicator rose by 6.9 percentage points in comparison to December. According to the National Statistical Institute, growth has been marked in all sectors - industry, construction, retail and services. Optimism comes from rising number of orders and improving condition of enterprises. However, the unstable economic environment remains a major problem for businesses. Most of the managers in all sectors of the economy expect that prices would keep their levels in the next 3 months.
Rise of the index has been reported for the first time since September. In January, it was 81.1 points compared to 79.1 points at the end of 2020. Eurostat reports that there has been a slight decline in consumer and business expectations in January.
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..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The..
Mostly Cloudy
Partly Cloudy