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In 2025, Bulgaria emerged as Turkey’s second largest export destination among its neighboring countries and ranked first in the Balkans, significantly ahead of Greece, BGNES reported. Turkey’s total exports to neighboring states rose by 4.6% compared to 2024, reaching USD28.35 billion. Iraq remained Turkey’s top regional market, receiving USD10.3 billion in goods, while Bulgaria followed in second place with exports totaling USD4.7 billion, reflecting a strong annual growth of 6.8%. Greece ranked third, importing USD3.5 billion, and Syria came fourth with USD2.6 billion, benefiting from a remarkable 70% increase in exports after political changes in late 2024. Exports to Greece also grew by 4.5% year-on-year.
The most significant categories of Turkish exports to neighboring countries included chemicals and chemical products at USD4.34 billion, cereals, legumes, and oilseeds at USD3.16 billion, and furniture, paper, and forestry products at USD2.44 billion. Across all markets, Turkey’s total exports reached USD273.4 billion in 2025, marking a 4.5% increase compared to the previous year.
Between 2021 and 2023, only five cases of corruption related to European Union funds were officially reported in Bulgaria, the Court of Auditors announced, with just two individuals penalized for their involvement in the management of these funds.
Rumen Hristov, leader of the Union of Democratic Foces (SDS) and deputy chairman of the GERB-SDS parliamentary group, stated on NOVA NEWS that GERB-SDS will remain the leading political force unless a new contender emerges
Public sector employees in Bulgaria are set to receive a 5% salary increase starting in January, announced outgoing Finance Minister Temenuzhka Petkova
With Bulgaria’s recent adoption of the euro, early signs of price manipulation and unfair practices by retailers have emerged. Bogomil Nikolov from the Active Consumers Association highlighted several concerning cases reported by viewers
Bulgaria will remain a member of the eurozone indefinitely, EU Council sources told Club Z ahead of the country’s first full participation in the Eurogroup.
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
Bulgaria is considering legal changes that would allow companies to hire more workers from non-EU countries, responding to growing labor shortages
A pilot project is underway on the farm of rose producer Dancho Petkov in Panicherevo, aiming to test new ecological methods for weed control in organic rose cultivation
Timber production in Bulgaria in 2025 has fallen to record lows, according to the latest figures released by the Executive Forestry Agency (EFA). The Branch Chamber of the Woodworking and Furniture Industry (BKDMP) reports that only 80% of the timber plan
Bulgaria is facing widespread job cuts across 19 regions, with a total of 59 mass layoff notifications affecting 3,568 employees this year, according to the Employment Agency (EA)
Bulgaria has recorded the largest drop in industrial production within the European Union for the fifth month in a row, according to preliminary data from Eurostat.
Farmers in Bulgaria must decide on their income tax regime by January 5, 2026, the National Revenue Agency (NRA) has announced.
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