Dams have been repaired at prices five times higher than market ones, Economy Minister Kiril Petkov said after inspecting three reservoirs in the districts of Sliven and Lovech. According to him, the dams were empty after 2. 5 million euros were..
The Bulgarian Business Leaders Forum has granted the 2020 Responsible Business Awards. The main objective of the annual awards is to give credit to companies with remarkable record in the field of corporate social responsibility and encourage other..
“A gradual transition is apparent in the country - from a closing of the economy to a revival and recovery. This is confirmed also by the level of unemployment, which as of 2 June stood at 5.65%, a drop of 37% compared to a year earlier,” Minister of..
EU Member States will be able to present their national recovery plans in Brussels by 2022. The postponement was announced a few days ago, outgoing Deputy Prime Minister Tomislav Donchev said. The Bulgarian plan is expected to be..
The Bulgarian Industrial Capital Association (BICA) called on the new 45th National Assembly to support measures for economic development. In a declaration to Bulgaria’s Parliament, BICA called for efficient administration and transparent governance..
Loans totaling 4.2 billion euros were rescheduled because of the Covid-19 crisis at the end of February, BNR reporter Marta Mladenova informed. The number of rescheduled loans as of March 31 will be clear in a month. The end of March..
During the second 7-year-long programming period of the EU, Bulgaria has absorbed 54% of financing provided under EU funds. Out of a total of 9.9 billion euros allocated under 10 programs, 6.360 billion euros had been..
Bulgaria's negative GDP of -3.9% in 2020 and the expected growth of 4% for the first quarter of 2021 show that the economic recovery is close. But there are challenges that could bring back the recession. Such are the lack of private consumption and..
Debt securities totaling 150 million euros are offered at an auction today, BNR reporter Marta Mladenova informed. The Ministry of Finance is offering 5-year zero-interest bonds. Since the beginning of 2021, the state has..
The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show. Over the entire 2020 the GDP of the..
