Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the final decision from the Council of the EU in 2025. The specific date for introducing the euro is a consequence of this decision and usually comes within 6 months," Radev said.
The average annual inflation for 2024 will be 2.6% and will slow down to 2.4% in 2025, according to the Autumn Macroeconomic Forecast of the Ministry of Finance. According to it, the economy will grow by 2.2% in 2024 and up to 2.8 and 3% in the next 2 years.
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
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