Bulgarian-North Macedonian business forum will be held in early December in Skopje. In 2022, bilateral trade is expected to exceed 1 billion euros, compared to 747 million euros in 2021.
For the first 8 months of 2022, the turnover has already reached over 711 million euros. Bulgaria is the fifth largest trading partner of North Macedonia after Germany, Great Britain, Greece and Serbia. Bulgarian business has good positions in North Macedonia in the spheres of banking and insurance, in mining and processing industry, as well as in the IT sector.
Trade growth has been hampered for years by poor infrastructure connectivity between the two neighboring countries, businesses complain.
Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko..
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