Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology.
In 2024, the institutional sector "General Government" had a budget deficit of 3 billion euros or 3% of GDP, according to preliminary data from the National Statistical Institute and Eurostat. In this way the deficit criterion has also been met.
On average, the budget deficit in EU countries for the past year was 3.2%, Eurostat reported. The largest deficit is in Romania - 9.3% of GDP, Poland - 6.6% and France - 5.8%. Denmark has a budget surplus of +4.5%, Ireland and Cyprus have +4.3% and Greece has +1.3%.
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
The leader of the ''Alternative for Bulgarian Revival'' party Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
Partly Cloudy
Fog
Mostly Cloudy