Economy of 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.
On the occasion of the International Children's Day BDZ this year will continue to observe its good tradition and will give free travel to all Bulgarian children up to 14 years of age. Young passengers can take advantage of this opportunity from 00:00 to 24:00 on June 1st in all passenger and fast trains (2nd class).
On June 1st (Saturday), for the first time, a new train line connecting Plovdiv and Edirne will be put into exploitation. Through this composition "BDZ-Passenger Transport" Ltd. will provide its clients with a convenient opportunity for a tourist trip to Turkey with a two-way ticket during the weekends.
BDZ will buy new trains worth BGN 100 mln.
By the end of the year, according to the plans of the company, a procedure should be announced for the purchase of a new trains.
The new machines will be used for the Sofia-Varna and Sofia-Burgas lines.
Funds are expected to come from the capital transfer from the budget.
In January - February 2019, Bulgaria's exports to the EU increased by 9.3% compared to the same period in 2018 and amounted to BGN 6 334.3 million, according to the National Statistical Institute.
The main trade partners were Germany, Italy, Romania, Greece, France and Belgium, which account for 66.4% of the exports to the EU member states.