The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027, according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become one of the fastest growing in Central and Eastern Europe.
The optimistic outlook is based on stable domestic demand, driven by strong household consumption and a significant pace of wage growth. With a projected GDP growth of 3.1% for 2025, Bulgaria will outperform all countries in the region except Croatia (4%) and Poland (3.3%).
According to analysts, alongside domestic consumption, investment will also play a key role in the growth of Bulgarian economy. It is directly linked to the development of EU-funded projects under the National Recovery and Resilience Plan and large-scale public spending on infrastructure and defence.
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The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for..
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