BULGARIAN ECONOMY
Bulgarian GDP expanded with 3.1% in Q4 2015
Bulgarian Gross Domestic Product (GDP) expanded with 3.1% in the fourth quarter of 2015 compared to the same quarter of the previous year and with 0.8% compared to the third quarter of 2015 according to the seasonally adjusted data of the National Statistical Institute (NSI).
According to the flash GDP estimates for the fourth quarter of 2015, the GDP at current prices amounted to 23 977 million BGN. GVA in the fourth quarter of 2015 amounted to 20 728 million BGN.
In the structure of GDP by the expenditure approach the largest share has the final consumption (78.6%), which in nominal terms amounted to 18 835 million BGN. In the fourth quarter of 2015 gross capital formation is 6 335 million BGN and has a share of 26.4% in GDP.
NEWS FROM BCCI
BCCI has significantly reduced the fees for issuing certificates of force majeure related to the blockade of the Bulgarian-Greek border
This applies to all companies, whether they are members of the Chamber or not More
BCCI hosts the second International Commercial Arbitration Moot in Sofia
Teams from Universities from Germany, the Netherlands, Macedonia, Bosnia and Hercegovina and Bulgaria shall participate More
The economic cooperation with Turkey is activated
A visit to Sofia of representatives of the Turkish-Bulgarian Economic Council is forthcoming More
The Chairman of the Ukrainian Chamber of Commerce and Industry visited BCCI
A delegation of Ukrainian entrepreneurs is expected in Sofia this autumn More
LEGISLATION AND REGULATION
Amendments of the Law on Non-Profit Legal Entities, adopted at first reading, envisage special registration with the Trade Registry
BULGARIAN ECONOMY
Bulgarian GDP expanded with 3.1% in Q4 2015
In the structure of GDP by the expenditure approach the largest share has the final consumption (78.6%) More
Bulgaria registered 0% inflation in January
There were increases in the prices of food products and soft drinks, alcohol drinks and tobacco products, entertainment and culture More
INVESTMENT NEWS
BNB: FDI in Bulgaria rises by 22.5% in 2015
The foreign direct investment for January-December 2015 was equivalent to 3.5% of the annual GDP More
Swiss-Owned Palemontech to build production plant in Bulgaria's Montana
The initial built-up area of the production plant is foreseen to be more than 5600 square metres, with the investment amounting to BGN 6 M More
The majority of the certified by IBA investment projects is in the automotive sector
The economic forum "North Rhine Westphalia - Bulgaria" took place in the Federal state of North Rhine-Westphalia More
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