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Dimitar Radev

The BNB recommends a 10% buffer in the 2024 budget

GDP growth in Bulgaria will be 1.9% in 2023, slowing to half the 3.9% rate in 2022. Domestic demand and net exports will contribute to growth. Annual inflation will be 6.1 per cent. These are the expectations of analysts at the Bulgarian National Bank..

28.11.23 14:26 |

Businesses optimistic about 2024, survey shows

More than 54% of companies are moderately optimistic about a better 2024. By comparison, a year earlier, 41% were optimistic about 2023. These are the results for Bulgaria of the Eurochambres Economic Survey 2024, conducted in partnership with the..

20.11.23 16:35 |

269 euro will be the poverty line in Bulgaria in 2024

269 euro (526 leva) will be the poverty line in Bulgaria in 2024 , the government has decided. It will rise by 11 euro. "About 800 000 people from vulnerable groups will receive more financial support in 2024 as a result of the increase in the poverty..

01.11.23 16:51 |
BNB Governor Dimitar Radev.

BNB: Political processes determine whether we will introduce the euro in 2024

Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the political processes in Bulgaria will determine whether Bulgaria will join the euro zone in January 2024. The adoption of 100 legislative texts is needed, including..

09.06.22 17:39 |
Assen Vassilev

Bulgaria may join the euro zone in 2024, but needs to change its laws

The state budget update will be submitted to parliament next week, Finance Minister Assen Vassilev said in parliament.  He affirmed that according to Brussels' assessment, the euro could be adopted in Bulgaria by early 2024, but that the..

02.06.22 17:35 |
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