Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20 positions compared to 2009, said the Center for the Study of Democracy, which is an official partner of IMD.
Compared to the previous year, the country experienced the most significant declines in infrastructure conditions (from 54th to 59th place) and business environment (from 62nd to 65th place). For the third consecutive year, Bulgaria’s economic efficiency improved (from 48th to 45th place) due to better macroeconomic indicators such as the rising real GDP per capita.
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single currency should be denoted and written in accordance with EU regulations. The name of the..
The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In connection with the introduction of the euro on January 1, 2026, all figures have been prepared in..
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..
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