In May 2022, the total business climate indicator decreased by 0.7 percentage points in comparison with April as a result of the more unfavourable business climate, the National Statistical Institute (NSI) said.
The industry indicator was down by 0.8 percentage points, due to the uncertain economic environment and labour shortages.
In Bulgaria’s construction sector, the indicator dropped by 3.6 percentage points, due to fewer contracts, rising prices of construction materials and shortage of workpower.
In the retail sector, the indicator was down by 2.2 percentage points, due to rising prices and lower demand.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
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..
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