Economy of Bulgaria
A significant increase in tourism revenue in the first half of the year helped Greece to reduce its current account deficit, more than the growth in imports. This is indicated by the Bank of Greece data.
The tourism revenues for the first six months of 2019, were € 5.5 billion, up by 15.3% from € 4.77 billion for the same period in 2018.
Hundreds of passengers were blocked at Sofia Airport because of delays in several flights of the national carrier Bulgaria Air this night.
With more than three hours the flights from Sofia to Varna were postponed. The flight to Burgas was also postponed with several hours.
And there are currently non-scheduled flights.
A shocking jump in the current electricity price for business. The increase is 203% compared to last Friday's prices. On the Bulgarian market, megawatt hour in the category is 196 leva.
Just for comparison, the price in Europe is 70 leva per megawatt hour, which is nearly 3 times cheaper than in Bulgaria.
Bulgaria and Romania are the two countries in the European Union, defined as "modest innovators," a report by the European Commission showed. According to it, Bulgaria has improved its achievements compared to the previous seven years. A sharp decline has been observed from 2011 to 2012, and an improvement has begun.
Over the first quarter of 2019, Bulgaria's GDP has gone up by 3.5 percent, the National Statistical Institute says.
The Gross Added Value in the economy has gone up by 3 percent, export of goods and services is up by 3.9 percent. The country's GDP amounts to 12,606 million euro in current prices or 1,801 euro per capita of the population.