Lachezar Bogdanov: The Black Sea Makes Transportation More Expensive
4 Articles
4 Articles
Attacks on cargo ships in the Black Sea are already increasing insurance premiums and making transportation more expensive, warns economist from the Institute for Market Economics Lachezar Bogdanov. According to him, the continuation of the attacks could threaten shipping to such an extent that it could practically stop. The topic is gaining importance for Bulgaria because of the dependence of business on seaports. In 2025, over 28 million tons …
The Bulgarian economy may be cut off from foreign markets due to uncertainty in the Black Sea and the Danube. This is what an analysis by the Institute for Market Economics, quoted by the Bulgarian National Radio, warns about. In the last year, 34 million tons of trade...
Drone attacks on merchant ships in the Black Sea are already creating risks for the Bulgarian economy, and uncertainty is starting to affect early bookings for the next summer season. If insurers refuse to cover vessels heading to Bulgarian ports, this could lead to serious difficulties for the country's imports and exports. This was warned by financier Nikola Yankov on bTV.
The risk of the Bulgarian economy being cut off from its foreign markets is increasingly tangible. The sunken cargo ships in the Black Sea over the past week ...
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