Business

The State Budget for January-February 2025 showed a primary balance surplus of 2.802 billion euros, surpassing the target of 2.029 billion euros and a surplus of 3.378 billion euros in the same period of 2024.

The Moldovan cabinet has approved an extension of Energocom's public service obligation to ensure the security of electricity supply.

French energy management company Schneider Electric announced plans to invest over $700 million in the U.S. energy and AI infrastructure.

Approximately 12,000 Turkish companies exported to Bulgaria in 2024, according to Turkish Exporters Assembly President Mustafa Gultepe, speaking at the first-ever event in Bulgaria organized by the Turkish Exporters Assembly (TIM) in partnership with the Bulgarian Chamber of Commerce and Industry (BCCI) and BULTISAD, with support from the Turkish Embassy’s trade advisor in Sofia.

Cocoa prices have fallen by over 30% in 2025, reversing the significant gains of the previous year.

Bulgaria’s Agriculture Minister, Georgi Tahov, emphasized the need for the Common Agricultural Policy (CAP) to maintain an independent budget during a meeting of the Agriculture and Fisheries Council in Brussels.

The Finance Ministry reopened a 7-year government securities issue on Monday, initially launched in January 2025. The BGN-denominated issue matures on January 29, 2032, with a 3.25% interest coupon.

The Greek government is aiming for fiscal "air" to implement a new round of tax reductions, as Prime Minister Kyriakos Mitsotakis has indicated.

New Minister of Economy and Finance, Kyriakos Pierrakakis, met with George Pitsilis, Governor of the Independent Authority for Public Revenue (AADE), on Friday to discuss key developments.

The number of asylum applications in the EU fell by 13% to 912,000 in 2024, according to Eurostat.

The Netherlands continues to be the most sought-after destination for Bulgarian students, followed by Italy, Spain, Austria, and Belgium, said Nikolay Hristanov, Consultant at Integral Educational Programs, during a press conference in Sofia on Wednesday.

Moldovan apples have officially entered the Indian market, marking a milestone for Moldova's agricultural sector.

According to Eurostat data released Wednesday, 47.4% of net electricity generated in the EU in 2024 came from renewable sources, marking a 2.6 percentage point increase from 2023.