The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and stable governments, Petar Ganev from the Institute for Market Economics said for BGNES. 75% of people's income comes from the private sector, and 25% from the public sector. 500,000 people are employed in the industry.
''If we want to attract big industrial investors, we need to have industrial zones. We are lagging behind in developing industrial zones. Turkiye is doing better than us. The overall package we offer the investor - industrial zone, location, staff qualification programmes - is still lagging behind", said Petar Ganev.
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data. Deposits between BGN 200 thousand and BGN 500 thousand grew the most..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury...
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to..
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