Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.
The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112 votes in favour. The draft document was submitted by We Continue the Change – Democratic Bulgaria..
The Association of Bulgarian Schools Abroad (ABSA) is holding its XVIII annual conference in Veliko Tarnovo , bringing together members from around the world. The motto of this year's conference is "Learning by Playing! Playing by Learning!", the..
The most successful Bulgarian Commercial and Economic Offices abroad for 2024 will be honoured today at an awards ceremony at the Bulgarian Chamber of Commerce and Industry (BCCI). The 15th edition of the awards is jointly organized by the Bulgarian..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112..
By the end of the second quarter of 2025, a net monthly income of BGN 2,748 (€1,331) is required to support a household of two adults and a child under..
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain