Bulgaria Boasts Positive Current and Capital Account for 2020
Bulgaria's current and capital account showed a deficit of115.
Bulgaria Current Account Deficit Shrinks Further
- Tweet
Send to Kindle
Bulgaria's current account deficit continued to shrink during the first four months of the year and stood at EUR 1,069 B or 5% of GDP at the end of April 2009 year-upon-year, official data showed on Wednesday.
The deficit, which is Bulgaria's key economic concern, amounted to EUR 2.77 B or 8% of GDP during the same period a year ago, the central bank announced.
Foreign direct investments, which data set at EUR 955.4 M or 2,8% of GDP, covered 56,5% of the current account gap at the end of April 2009.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bulgaria Sees Fourfold FDI Drop Jan 2012 Y/Y
Bulgaria's foreign direct investments in January 2012 were four times less than in the corresponding month of 2011, according to the Bulgarian National Bank's preliminary data.
Business | March 15, 2012, Thursday // 16:10
Bulgaria's FinMin Happy with Lowered EC Economic Forecast
Bulgarian Finance Ministry Simeon Djankov has seen what he believes to be a major silver lining in the lower GDP growth forecast for Bulgaria announced by the EC.
EC: Bulgaria's Economy to Grow by 2.3% in 2012
Bulgaria's economy will register a growth of 2.3 in 2012, according to the Fall Economic Forecast of the European Commission unveiled Thursday.
EC Fall Economic Forecast: Bulgaria - Moderate Growth amid Rising Uncertainty
The recovery in Bulgaria has been slow so far and is lagging behind the rebound in most EU emerging economies.
Views on BG | November 10, 2011, Thursday // 12:00
Bulgarian Govt Predicts Greater FDI, Domestic Consumption Starting 2011
Bulgaria’s Finance Ministry has unveiled a set of moderately optimistic projections for the financial and economic development of the country in 2011, and in the 2012-2014 period.
Bulgaria Sees Surge in Lamb Prices as Retail Costs Rise
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
65.3% of Bulgarian Workers Earn Below Subsistence Level
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Bulgaria's Eurozone Entry Likely Delayed to 2026 Amid Disinformation and Economic Challenges
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
Rising Trend: Bulgarians Abroad Send Increasing Amounts of Money to Home Country
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Finance Minister Reveals: Bulgaria's Fiscal Reserve Stands at BGN 10.9 Billion
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia Exceeds Average Income Levels in Europe
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
