Nr. 10 (405), 06-03-2020
Weekly Bulletin
ISSN 1314-5339

Currency
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UPCOMING EVENTS

Presentation of the International Bank for Economic Cooperation

The Bulgarian Chamber of Commerce and Industry, and the Investment council at BCCI on behalf of International Bank for Economic Cooperation have the pleasure to invite you to the presentation of the International Bank for Economic Cooperation /IBEC/ that will take place on 17 March 2020, starting 10.00 at the Grand Hotel Sofia.

The International Bank for Economic Co-operation is an international financial institution with over 55 years of history and it acts in accordance with Intergovernmental IBEC Establishment Agreement (registered with the un Secretariat on 20 August 1964) as well as IBEC`s Charter.

The Bank`s member states are: the Republic of Bulgaria, the Socialist Republic of Vietnam, Mongolia, the Republic of Poland, the Russian Federation, Romania, the Slovak Republic and the Czech Republic.

The Bank actively builds up financing and support of its member states` economic entities (credit institutions and corporates) applying a wide range of trade finance and lending products (including syndicated loans) as well as cash and settlement services. The Bank is entitled to support member states` enterprises.

Exclusiveness of IBEC`s value proposition in financing is the fact that the Bank can act as a universal financial counterparty simultaneously for the exporter and the importer provided that both transacting parties are residents of IBEC member states.

Interested representatives of companies and institutions are welcome to confirm their presence at e-mail: g.dimitrova@bcci.bg or phone: +359 2 8117 489 by 12 March at the latest.

NEWS FROM BCCI
Conference “Advantages of Bulgaria’s membership in the Eurozone”
The Bulgarian Chamber of Commerce and Industry supports this perspective More
Meeting with the newly appointed Ambassador of Brazil in Sofia
HE. Maria Edileuza Fontenele Reis shared the basic guidelines that she will work on during her mandate in Bulgaria More
Successful cooperation between Bulgaria and Romania
The percentage of the commodities exchange grows annually by 6% More
BCCI provides legal consultations
In the field of company, commercial, administrative and labour law, out-of-court dispute resolution More
UPCOMING EVENTS
Presentation of the International Bank for Economic Cooperation
17 March 2020, at the Grand Hotel Sofia More
9th European Forum on Social Entrepreneurship
26th-29th March 2020, Plovdiv, Bulgaria More
BULGARIAN ECONOMY
The GDP growth rate in the fourth quarter of 2019 is 3.1%
Industry increases its relative share in the GVA of the national economy to 23.5% More
ENERGY AND ENERGY EFFICIENCY
Bulgaria is integral part of the Southern Gas Corridor
The fourth gas corridor in Europe plays an important geostrategic role for the diversification of the gas supplies More
FINANCE
MoF expects excess of revenues over expenditures of BGN 1,495.7 million
1.2% of the forecast GDP More
SCIENCE NEWS
The French scientist Professor Gérard Mourou was honored with the title of Doctor Honoris Causa by the Bulgarian Academy of Sciences