Bulgaria's GDP growth will continue to slow down at the beginning of 2023 and will slightly decrease in the second quarter of the year, the Bulgarian National Bank (BNB) forecasts. "This will be driven by the projected decline in the economy's inventories and weaker exports of goods in view of the deteriorating global economic activity," the BNB said in its quarterly Economic Review.
At the end of 2022, inflationary pressures in the economy remained strong despite the weakening of the pro-inflationary impact of energy sources. This was due to "higher year-on-year net fiscal transfers to households and higher wages and salaries in the budget area", the analysis said.
According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of May 2025. The Bulgarian News Agency (BTA) reported that the total loan amount had increased by..
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
Exactly a week remains until the final decision on Bulgaria's entry into the eurozone – on July 8, the European Parliament is to vote on whether Bulgaria..
After the controversial success of the "Green Deal" and carbon emission quotas, which made electricity in Europe much more expensive..
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