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 has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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