When Will Bulgaria Join the Eurozone? Our Readers Have Spoken
A recent survey conducted on our Facebook page has shed light on public sentiments regarding Bulgaria's potential accession to the Eurozone
Bulgaria's gross domestic product is expected to mark a total growth of around 1% for 2012, according to Minister of Economy and Energy Delyan Dobrev.
"This GDP growth rate is unsatisfactory for us, but it's still something," commented Dobrev in an interview for the Bulgarian National Radio Sunday.
In contrast, Bulgaria's state budget for 2012 optimistically forcasted a yearly GDP growth of 2.9%.
Sunday, Dobrev pinned the slow growth on Bulgaria's failure to significantly increase its exports, something he explained with the lingering eurozone crisis.
"72% of Bulgarian goods go to eurozone countries and only 28% to third parties," said the minister.
Dobrev argued that Bulgaria must steep up efforts to expand trade with markets outside the EU, especially in East Asia, and in particular China.
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The international rating agency Standard & Poor's has reaffirmed Bulgaria's long-term and short-term credit rating at 'BBB/A-2' in both foreign and local currency
The European Commission initiated a new infringement procedure against Bulgaria on Thursday for failing to submit a report on the energy performance of buildings as required by the directive
During his recent visit to Washington, Bulgarian Energy Minister Vladimir Malinov engaged in crucial discussions at the US State Department
Bulgaria has secured the 40th spot in the global ranking of tourist destinations
Vestbee, one of the leading European platforms for startups, VC funds, accelerators, and corporates, has just released the quarterly overview of the Central and Eastern European funding landscape
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria's resorts and major cities like Sofia, Plovdiv, Varna, and Burgas
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU