Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years.
For a number of reasons, many global companies from the US and Canada are based in a European country. Thus, the statistics take into account these investments as originating in the respective European country. Accounting for these circumstances, investment from the US and Canada is likely to rank 6th by volume, being 16th in 2021 and 13th in 2016.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in..
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