Bulgarian economy grew by 0.8% in the second quarter of the year compared to the first three months, according to preliminary data from the National Statistical Institute. On a year-on-year basis, growth was 4%.
The largest contributor to the growth of Gross Value Added in the country is the manufacturing sector, where growth was 11.9%. Growth of 5.6 per cent was also recorded in telecommunications and information generation and dissemination. Services and trade also grew by 4.7 per cent.
According to preliminary data, in the second quarter of 2022, GDP output amounted to EUR 19.9 billion, with EUR 2,918 per capita.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate..
In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural..
Partly Cloudy
Mostly Cloudy