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.
A year with good results in the banking sector, achieved in a difficult domestic and external environment. This is how the governor of the Bulgarian National Bank (BNB), Dimitar Radev, assessed the outgoing 2024 in an interview with..
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..
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