The European Bank for Reconstruction and Development has raised its forecasts for the economic growth of Bulgaria in 2023 and 2024, as well as for the region of Southeast Europe. The growth of the Bulgarian economy is expected to be 1.3% for 2023 and 2.9% for 2024. This is 0.3 percent more compared to previous forecasts. The region's growth is expected to reach 2.3% in 2023 and 3% in 2024.
The European Commission also raised its expectations for the economic growth of Bulgaria, but also raised the forecast for annual inflation. According to the spring macroeconomic forecast of the commission, Bulgaria will mark a 1.5% GDP growth by the end of the year. In the winter forecast, growth was 1.4%.
The reason for the positive correction is that Europe has coped better than expected with the consequences of the war in Ukraine. Bulgaria's modest growth is due to the fact that last year's export boom will not be repeated in 2023 due to weakened external demand.
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the Bulgarian National Radio by Croatian MEP Gordan Bosanac from the group of the Greens/European Free..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
Italian investors have shown interest in the concession and development of Plovdiv Airport as a passenger and cargo terminal. This became clear during a meeting between Plovdiv District Governor Hristina Yancheva and the Ambassador of Italy to..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the..
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the..
Partly Cloudy
Clear