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%.
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria. Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..
The average gross monthly salary in Bulgaria for July 2025 was BGN 2,570 (EUR 1,314.02), for August BGN 2,497 (EUR 1,276.7), and for September BGN 2,580 (EUR 1.319). The average monthly salary increased by 12.0% compared to the third quarter of..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
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