Bulgaria Leads EU in Construction Growth for 14th Straight Month
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
Bulgaria's business climate in January worsened by 3.2% as compared to the previous month, according to the country's National Statistical Institute.
The "business climate in industry" indicator decreased by 1.9% in comparison with the previous month which was due to the managers' more moderate assessments about the present business situation of the enterprises. The inquiry registered a decrease in production activity and production assurance with orders.
The "business climate in construction" indicator preserved its December level.
The "business climate in retail trade" indicator decreased by 12.2% in comparison with the previous month.
The "business climate in the service sector" indicator did not change significantly as compared to December.
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
According to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals, one-third of Bulgarian hoteliers are planning a modest price increase of about 10%
Sofia Municipality is set to implement a revised framework for managing its municipal housing stock by introducing two distinct rental categories
Following its earlier confirmation of Bulgaria's credit rating at Baa1, Moody's has revised the outlook for the country's banking sector from stable to positive
Bulgarian garment companies are struggling to find new markets due to the recent increase in tariffs on industrial goods under Donald Trump’s administration
Tourism in Bulgaria has made significant strides toward recovery in 2024, though it still hasn't returned to pre-pandemic levels of 2019
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase