"The Bulgarian banking sector is stable. The country's accession to the eurozone is a macroeconomic and political catalyst that should not be missed, said National Bank Governor Dimitar Radev before the conference "Banks and Business in Bulgaria in 2023".
"We are ready to put our foot on the accelerator. The reforms needed for an accession to the eurozone are good for Bulgaria’s economy as a whole," Dimitar Radev added and noted that the country's budget deficit should not exceed 3% of the gross domestic product. "Like other central banks, the Bulgarian National Bank will raise the base interest rate to bring inflation down to healthy levels", Dimitar Radev.
The Bulgarian National Bank has announced a base interest rate 1.3% as of December 1. In November it raised the base interest rate to 0.59%.
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry is relatively calm. Bookings are good and forecasts for a growth of 6% compared to last year at the..
This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities next year? This is one of the 221 questions about the euro that the Bulgarian National Bank (BNB)..
After the controversial success of the "Green Deal" and carbon emission quotas, which made electricity in Europe much more expensive than in its main economic competitors - the US and China, the European Commission is preparing new..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry..
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