Bulgaria wasn’t hit as hard by the 2008 global financial crisis as the larger economies in the world. Nonetheless, the general global economic slowdown did impact the Bulgarian economy. The country’s ...
One of the key issues highlighted by Donchev is the ongoing battle against the gray economy, which he described as constituting one-third of Bulgaria’s economy.
Bulgaria’s economy is predicted to contract in 2020 by a staggering 7.2%, according to the European Commission. This recession is all the more terrible as Bulgaria is already, by far ...
Moody's has reaffirmed Bulgaria's long-term and short-term credit ratings at Baa1 with a stable outlook, signaling confidence in the country's economic stability.The decision reflects expectations ...
Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, upper-middle-income economy ...
KASTANIES, Greece (Reuters) - On an unusually balmy January day, Dimitris Marinoglou ploughed his field in northern Greece fearing the worst: that water supplies from neighbouring Bulgaria that have ...
Bulgaria is on track to adopt the euro, with January 1, 2026, set as the target date for joining the Eurozone. As reported by Digi24, a recent analysis by the Institute for Market Economics (IME) ...
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and ...
Bulgaria’s economic output has registered a real annual GDP growth rate of 2.2% in the first three months of 2023, marginally increasing from an annual expansion of 2.1% registered in the previous ...