41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the slowdown in global economic growth. The biggest concerns of businesses are related to expectations of a drastic rise in energy and raw material prices, as well as inflation.
61% of employers support the introduction of the euro. 48% of respondents believe that Eurozone membership should be a key state priority. More than half of the respondents plan to increase their production volume and the range of products offered. 45% will seek new markets. One-third of businesses are facing difficulties with their international partners and foreign markets, up from 18% last year.
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
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