BULGARIAN ECONOMY
Bulgaria’s exports dwindle by 1,7 percent year-on-year in first two months of 2021
In the period January – February 2021, the total value of all the goods exported from Bulgaria amounted to BGN 9.6 billion, about 1.7 per cent less than in January – February 2020, the National Statistical Institute (NSI) said on April 13, citing preliminary data.
In February 2021, the total exports of goods added up to BGN 4.9 billion, an increase of 2.8 per cent compared with February 2020, the NSI said.
The total value of all the goods imported into Bulgaria in January – February 2021 was BGN 10.3 billion (at cost, insurance and freight, CIF prices), two per cent less than in January – February 2020.
In February 2021, the total imports of goods increased by 2.6 per cent compared with February 2020, adding up to BGN 5.4 billion.
The total foreign trade balance (exports Free on Board, FOB – import CIF) was negative in the period January – February 2021, amounting to BGN 702.1 million.
In February 2021, Bulgaria’s total foreign trade balance (exports FOB – import CIF) was also negative and added up to BGN 429.8 million, the NSI said.
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Expansion of business contacts between Bulgaria and Italy
Meeting with H.E. Giuseppina Zarra, the new Ambassador of Italy to Bulgaria
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Identifying the main directions for its further development
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An online forum with the support and participation of diplomats from both countries
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A joint business council will support business relations between Sofia and Islamabad
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UPCOMING EVENTS
Upcoming discussion: Meet Dr Rob Dixon, Her Majesty’s Ambassador to Bulgaria
Tuesday, 20 April, 11 a.m., online
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BULGARIAN ECONOMY
Bulgaria’s exports dwindle by 1,7 percent year-on-year in first two months of 2021
The total foreign trade balance (exports FOB – import CIF) was negative
ОщеMonthly inflation in March was 0.1 per cent
Data released by the National Statistical Institute (NSI) on April 14 show
ОщеThe signed Additional Agreement on the concession of Sofia Airport guarantees BGN 660 million in state budget revenue this month
INFORMATION TECHNOLOGY
Product supported by the Sofia team of the US IT company AtScale among 14 best data virtualization tools and software for 2021
AtScale formed its team in Sofia at the end of 2018. The office in the Bulgarian capital is the first for the company outside the USA
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ANALYSIS AND PROGNOSIS
Release of a Policy Brief on the Three Seas Initiative
A short set of recommendations on how the Initiative can strike a balance between expectations and practical solutions
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