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Eurostat: EU exports to Ukraine up 17.9%, imports down 2.5% in Q1 2025 y/y

May 23, 2025May 23, 2025 The Sofia Globe staff Ukraine

In the first quarter of 2025, exports from the European Union to Ukraine were 17.9 per cent higher than in

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Business 

Eurostat: New lows for EU unemployment in 2024

May 23, 2025May 23, 2025 The Sofia Globe staff macroeconomic indicators

In 2024, the unemployment rate for 15-74 years old in the European Union fell to 5.9 per cent of the labour force,

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Business 

Borshosh: Euro introduction will bring long-term benefits to Bulgarian tourism

May 23, 2025May 23, 2025 The Sofia Globe staff euro zone, tourism

The introduction of the euro in Bulgaria will bring long-term benefits to Bulgarian tourism, Minister of Tourism Miroslav Borshosh said

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Business 

EC proposes measures to cut companies’ administrative costs ‘by further 400M euro a year’

May 21, 2025May 21, 2025 The Sofia Globe staff

The European Commission (EC) said on May 21 that it proposes to cut 400 million euro in annual administrative cost for

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Business 

Eurostat: EU imports from Russia dropped 86% between Q1 2022 and Q1 2025

May 21, 2025May 21, 2025 The Sofia Globe staff Russia

There was a 58 per cent decline in EU exports to Russia and an 86 per cent decline in imports

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Business 

Central bank head: Convergence reports on Bulgaria and the euro are positive

May 20, 2025May 20, 2025 The Sofia Globe staff euro zone

We are acquainted with the convergence reports of the European institutions in advance, they are positive, central Bulgarian National Bank

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Business 

Association of Banks in Bulgaria states strong support for country’s January 2026 euro accession

May 20, 2025May 20, 2025 The Sofia Globe staff euro zone

The Association of Banks in Bulgaria (ABB) said in a May 20 statement that is strongly supports Bulgaria’s accession to

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Business 

EU spring economic forecast cuts Bulgaria 2025 growth forecast to 2.0%

May 19, 2025May 19, 2025 The Sofia Globe staff macroeconomic indicators

The European Commission’s spring forecast for the EU economy, released on May 19, projected Bulgaria’s economic growth this year at

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Business 

FDI in Bulgaria in Q1 2025 was 1.09 billion euro

May 19, 2025May 19, 2025 The Sofia Globe staff macroeconomic indicators

Foreign direct investment in Bulgaria in the first quarter of the year stood at 1.09 billion euro, the equivalent of

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