Despite the pandemic and the decline in 2020 by 11 percent in trade between Bulgaria and the United States, in 2021 it has seen an increase by 25%. The United States has invested $ 2.5 billion in Bulgaria and created 30,000 jobs, US Ambassador to Sofia..
A study of the Bulgarian Industrial Association (BIA) for the country's business climate shows that in 2021 the negative trend of 2020 trigged by the Covid crisis continues . Only 9% of the respondents see an improvement in the business..
Minister of Economy Kiril Petkov and Minister of Tourism Stella Baltova have held a video conference meeting with the trade attachés of Bulgaria. The ministers called for hard work in order to present the country as a first-class destination for..
“Bulgaria has a huge potential to attract more investments”, said the President of the American Chamber of Commerce in Bulgaria (AmCham) Olivier Marquette at a meeting with Bulgaria’s Premier Boyko Borissov. Olivier Marquette noted that Bulgaria..
Trade between Bulgaria and Germany is expected to decline by nearly 6% in 2020 to about EUR 8 billion. In 2019, the Bulgaria-Germany trade amounted to EUR 8.5 billion. This is not a dramatic decline, Dr. Mitko Vasilev, CEO at the German-Bulgarian..
So far, nearly 2,700 traders have requested working capital support through the National Revenue Agency, it was reported. Under this scheme, traders affected by anti-epidemic measures due to the spread of Covid-19 can receive 20 or 10% of their turnover..
As Minister of Economy I did not want to see this sector closed. However, the new restrictions will last for 3 weeks only. On December 21, the business will start functioning again. We need to take into account the epidemic situation and think about..
For the third month in a row, Bulgaria ranks first in the EU in terms of annual decline in retail trade , according to Eurostat. Retail trade in Bulgaria declined by 17.5% on an annual basis in July, while for the EU as a whole, the indicator fell..
Bulgaria’s total exports in the first 5 months of 2020 has decreased with 8.1% to nearly EUR 10.5 billion as compared to the same period in 2019 which was due to the coronavirus epidemic, preliminary data of the National Statistical Institute show...
Bulgarian exports set a new record in 2019 totaling 33.9 billion USD and this country already ranks 60 th in the world as in 2018 it held the 64 th position. Bulgaria ranks immediately after Angola (oil exports 98%) and before Algeria..
