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Bulgaria

Bulgaria · BGR · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Bulgaria is a Balkan nation and a member of the European Union and NATO, located at the crossroads of Europe and Asia. It operates as a parliamentary republic with a transitioning economy, focusing on services, industry, and agriculture. The country continues to implement reforms to strengthen its institutions and economic competitiveness.

Leadership

Rumen Radev

President

GOVERNMENT: Parliamentary Republic

Nikolai Denkov

Mariya Gabriel

Assen Vassilev

Economy

GDP

$110.0B

GDP per Capita

$17.0K

GDP Growth

+3.0%

Inflation

3.5%

Unemployment

4.5%

ServicesIndustry (Machinery, Chemicals, Food Processing)AgricultureTourism

Trade

Key Exports

Machinery and EquipmentChemicalsFood ProductsFuelsIron and Steel

Key Imports

Machinery and EquipmentFuelsChemicalsVehiclesRaw Materials

Top Partners

GermanyRomaniaItalyTurkeyGreece

Headlines (8)

EUROPE SAYSAug 9

NATO defenses fail again: mystery drone explodes in Bulgaria

The Manila TimesAug 9

A drone likely from Ukraine explodes in Bulgaria near a gas pipeline

Daily ExcelsiorAug 8

Bulgaria's PM says drone explodes near gas pipeline close to Romanian border

EUROPE SAYSAug 8

Bulgaria summons Ukrainian ambassador after drone crashes near Romanian border

Times NowAug 8

Explosive Drone Blows Up in Bulgaria Near Key Gas Pipeline as Russia-Ukraine War Rages

ZeroHedgeAug 8

Ukrainian Drone With Huge Explosive Payload Hits Bulgaria Near Vital Gas Pipeline

ABC (Australian Broadcasting Corporation)Aug 8

Drone enters Bulgaria, explodes near pipeline at Romanian border

India TodayAug 8