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
Boyko Borissov speaks in Varna in front of the participants at the 12th Summer University of GERB Youth Structure.
Prime Minister Boyko Borisov said on Sunday that a gas pipeline contract from Turkey through Bulgaria, Serbia, Hungary and Austria is expected to be signed on September 5th.
He said at the 12th Summer University of GERB Youth Organization that he is currently working on this very important energy project that will ensure diversification of supplies.
Together with the gas interconnector, Greece will achieve 100 percent diversification, Borissov said.
The Prime Minister also commented on the Belene NPP project, saying that many countries are gathering in it, and there are many proposals. It is important because after 10-15 years, when the 5th and 6th units of Kozloduy NPP are closed, we will have to have replacement capacity, he explained.
Borissov also commented on major and important infrastructure projects for Varna, saying he would provide additional funding for them.
He stated that GERB's candidate for mayor of Dobrich is Nadezhda Petkova - a specialist in European projects, who attended the forum.
Prime Minister Boyko Borissov has confirmed that the draft budget for next year envisages a 10% increase in income.
"Since we already consider the budget, with 10% guaranteed, we will raise revenue next year in all sectors."
In December 2025, Bulgaria’s industrial sector showed modest growth following two consecutive months of decline, yet on an annual basis, production fell for the 13th month in a row.
In December 2025, Bulgaria’s total exports of goods rose by 2.5% compared to the same month a year earlier, reaching 6.7364 billion leva (€3.44 billion), after a contraction of 4% in November.
Villages surrounding Plovdiv are increasingly hosting Nepalese workers, brought in by local entrepreneurs to address Bulgaria’s persistent labor shortages.
Between 2019 and 2023, Bulgaria’s industrial sector has experienced a significant contraction, with roughly 104,557 jobs lost, nearly half of them in the processing industry, amounting to almost 15% of the country’s industrial workforce
Agricultural land prices across the European Union continued to rise in 2024, with Eurostat data showing a clear upward trend both in sales values and rental costs, although developments varied significantly by country.
Bulgaria is preparing to open new border crossings with both Serbia and Turkey as part of efforts to improve regional connectivity, the Cabinet’s press service reported
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