During the January-August 2021 period, Bulgaria has increased its export of commodities to the EU by 23.5% compared to the same period of 2020, to reach 28.796 billion Leva (14.723 billion euro). Imports from the EU have also gone up by 25%, to reach 29.026 billion Leva (14.841billion euro).
Bulgaria’s principal trading partners are Germany, Romania, Italy, Greece, France and Belgium which account for 69.6% of the exports of the EU member countries, National Statistical Institute data show.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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