Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Institute for Economic Research of the Bulgarian Academy of Sciences:

It is unlikely that Bulgaria will adopt the euro by 2025

Photo: Archive

Higher inflation compared to the average values for the European Union and low growth rates - this is predicted by the macroeconomic forecast for Bulgaria until 2025 of the Institute for Economic Research of the Bulgarian Academy of Sciences

According to the forecast, it is unlikely that Bulgaria meet the criterion of the Maastricht Treaty, on which Bulgaria's joining the eurozone by 2025 depends. High energy prices internationally and the war in Ukraine are the reasons cited for this. 

Economists predict that the real growth of the gross domestic product will decrease to around 1.7% this year, and that it will exceed BGN 200 billion (EUR 102 billion) in the next year. 

The forecast for economic growth varies between 3% and 3.5% per year.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister Petar Dilov: VMZ-Sopot will not be privatized

There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..

published on 4/8/25 12:04 PM

Only 27 out of 100 real estate transactions in Bulgaria involve mortgage loans

In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..

published on 4/5/25 10:24 AM

Real estate prices along the Black Sea coast have continued to grow, though more gradually

The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...

published on 4/3/25 7:15 AM