The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier, reaching the highest level in 12 months (since January 2024, when it rose by 3.9%).
After the data was released, Democratic Bulgaria MP Martin Dimitrov said at a briefing with journalists that Bulgaria has "huge chances" to join the eurozone, "unless the government plays a double game and sabotages itself". He called on the government to request an extraordinary convergence report from the European Commission and to launch an informational campaign on the euro in response to the disinformation in society regarding the introduction of the single currency in Bulgaria.
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..
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,..
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...
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