War in Ukraine and Falling EU Demand Drive Bulgaria’s 2025 Export Decline
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Photo by BGNES
Timber industry representatives are launching protests on March 24 over a 3-month ban on exports of wood in the rough.
The ban has been an obstruction to nearly 800 companies in the sector for two weeks.
Industry representatives will block border crossing points near Svilengrad for 6 hours on Tuesday.
Between 10:30 a.m. and 4:30 p.m. on Tuesday, protests will be staged at the Kapitan Andreevo border crossing point and the Kapitan Petko Voivoda border crossing point.
Border crossing points at Bulgaria’s border with Turkey and Greece will be blocked by tractors and other transportation equipment.
Dimitar Nikolov, representative of a timber exporter, told the forgnews news portal that they were ready to continue protests as long as necessary, adding that they would not stop protecting the interest of their 8000 or so workers.
Nikolov underscored that these companies did not agree with the allegations that they were to blame for illegal logging in Bulgaria, adding that they also called for strict rules in the sphere.
He noted, however, that the export ban constituted a measure that did not restrict illegal logging in any way but was only detrimental to their business.
The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
An annual employer survey conducted by the Bulgarian Chamber of Commerce and Industry shows that the gap between education and business needs in Bulgaria remains deep and persistent
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Bulgaria continues to stand out in the European labor market for both its low unemployment and the high employment rate among young graduates
Bulgaria’s National Statistical Institute (NSI) has reported a visible deceleration in inflation, according to the latest Consumer Price Index, calculated on the basis of more than 40,000 price observations covering around 8,000 goods and services
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