With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported during the ceremony of presenting the annual awards of the Bulgarian Chamber of Commerce and Industry (BCCI).
BCCI President Tsvetan Simeonov pointed out that Bulgarian business and foreign investors want political stability, a working government and parliament that can make long-term commitments. Speaking to BGNES, Simeonov predicted that in 2025, Bulgarian business would face difficulties as negative influences from Western Europe and especially Germany are starting to be felt in the country.
In the "Foreign Ambassador" category, the award was presented to Zakia El Midaoui - Ambassador of the Kingdom of Morocco and doyen of the diplomatic corps in Bulgaria. In the "Trade Representative" category, the award went to Economic and Commercial Counsellor at the Embassy of the People's Republic of China in Sofia, Kong Lingyu.
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Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..
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