According to the National Statistical Institute, Bulgaria's GDP grew by 9.9% in the second quarter compared to the same period last year. The increase is the largest for the last three decades and GDP continues to grow by 0.6% compared to the first..
GDP growth of 3.5% with increased household consumption by 2.8% and expected annual growth of 3.6%. This is envisaged in the update of the state budget which the National Assembly adopted at first reading. The budget deficit for this year..
Bulgaria’s gross domestic product will grow by 4.5% this year and by 4% in 2022, stronger than previously expected, indicates the June forecast of the European Bank for Reconstruction and Development, reported BGNES. In 2020, which was marked by the..
M ore foreign tourists are expected to arrive in Bulgaria after mid-June. Tourism remains among the sectors that have been most severely affected by the coronavirus epidemic, said Svetlana Atanasova, chairwoman of the Bulgarian..
The progress towards group immunity against Covid-19 and the phasing out of the restrictive pandemic measures in Bulgaria and the country’s trading partners will lead to a tangible increase in the GDP during the second and third quarter of 2021...
According to estimates by the Institute for Market Economics, tax freedom day falls on May 20 this year. Bulgarians worked 140 days during the pandemic to pay their taxes to the treasury. Despite the coronavirus crisis, the budget revenues are..
The Bulgarian economy grew in the first quarter of 2021 by 2.5% compared to the last quarter of 2020 , when a growth of 2.2% was also registered, the National Statistical Institute has announced. Bulgaria's GDP still remains 1.8 percent lower,..
Bulgaria's economy shrank by 4.2% in 2020 because of the Covid-19 pandemic. Investments declined sharply in the first half of the year because of high economic uncertainty. Imports also shrank by 6.6%. This is what a study by the European Commission..
With their vote at the parliamentary elections Bulgarians demonstrated they want a fundamental change in governance. For close to one year the protests in the streets and squares showed they want an end to the current political tendencies on which..
The government debt of the country has gone up by 22.5% or 2 . 72 billion euro in the space of one year. The debt of the Central Government subsector by the end of February 2021 amounted to 14.8 billion euro, and now accounts for 23.2% of..
