The Gross Domestic Product has gone up by 2.4% during the third quarter of the year compared to the same period of 2023, indicate preliminary National Statistical Institute data.
This indicates there is a certain acceleration of the growth rate, after the GDP increased by 2.2% during the second quarter compared to a year earlier. Every person in employment in Bulgaria creates an average GDP of EUR 19.17 per hour, National Statistical Institute data show further. During the third quarter of 2024, compared to the third quarter of 2023, employment has gone up in the sector of the services, and down in the agrarian and the industrial sector.
Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said during a meeting with Bulgarian Vice President Iliana Iotova in Vienna. Austrian businesses have always..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the eurozone , the BNB announced. The meeting was held in Sofia at the invitation of Hungarian..
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..
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..
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