NEWS FROM BCCI

The newly appointed Bulgarian Ambassador to Cuba visited BCCI

The newly appointed Ambassador of the Republic of Bulgaria to Cuba Todor Kanchevski visited the BCCI and met with President Tsvetan Simeonov.

Ambassador Kanchevski has previous experience in the Caribbean and during his forthcoming term of office will also be responsible for Jamaica and the Dominican Republic. He got acquainted with the cooperation between the BCCI and the Chamber of Commerce of the Republic of Cuba. The President of the Bulgarian Chamber of Commerce and Industry emphasized the results of the virtual business forum Bulgaria – Cuba, held in April this year.

Tsvetan Simeonov and his guest discussed the difficulties that Bulgarian companies face when doing business in Cuba. The potential for development of trade and investment relations between the two countries was highly praised and ideas to support the expansion of the bilateral economic cooperation were shared.

NEWS FROM BCCI

BCCI was a host of a meeting of the Chambers of Commerce and Industry under the Three Seas Initiative

The representatives of CCIs have signed a Joint statement Още

The awards for Bulgaria’s most successful commercial attachés were bestowed

The first prize went to the Commercial and Economic Section in Germany Още

Azerbaijan is interested in more active bilateral trade in food and light industry products

Cooperation in the field of energy, transport and construction is another sphere of interest Още

The newly appointed Bulgarian Ambassador to Cuba visited BCCI

Directions for expanding the bilateral business ties have been outlined Още

Italian companies in the field of energy efficient construction visited BCCI

There is a good prospect for the supply of quality Bulgarian timber Още

REGIONAL COOPERATION

Head of IMF: Economies in Three Seas Countries to grow by 1,2% faster than elsewhere in EU

She was among the participants in the business forum of the Three Seas Initiative Още

BULGARIAN ECONOMY

Key Indicators for Bulgaria (as of 05.07.2021)

In June 2021, the industrial confidence indicator decreased by 2.7 percentage points in comparison with May 2021 Още

State Energy and Water Regulator increased prices of electricity and heating

Prices of heating and hot water are going up as of July 1, between 4% and 23% for the various district heating companies Още

FINANCE

Bulgarian Development Bank: New BGN 1.7 billion for small and medium business

It is expected that more than 3,260 Bulgarian companies will be supported Още

MoF expects minimum excess of revenues over expenditures for the first half of 2021

The improved budget position in June is mainly due to the higher proceeds... Още

BULGARIA AND EU

Summer 2021 Economic Forecast: Reopening fuels recovery

The forecast for Bulgaria is real GDP growth to reach 4.6% in 2021 and 4.1% in 2022 Още