The finalization of the fulfillment of the criteria for entering the exchange rate mechanism ERM II may be in the next few weeks, said Bulgaria's Finance Minister Vladislav Goranov. He is adamant that now is a good time for Bulgaria to take this..
The budget surplus will, once again, exceed 1 billion Leva (approximately 500 million euro) at the end of March, the Ministry of Finance forecasts. At the end of February it stood at a little over 800 million Leva. Revenues from taxes have..
Analysts, authorities, media and international financial and economic organizations keep saying that 2016 was a year of unprecedented economic achievements of Bulgaria. This applies to both macroeconomic and microeconomic indicators at the..
According to forecasts, Bulgaria’s budget surplus will amount to EUR 1.66 billion, which is 3.7% of the country’s estimated gross domestic product. In the same period last year the budget surplus amounted to only EUR 314 million (0.7% of the GDP). In..
The money from the budget surplus from the first half of 2016 will be invested into the development of Northwestern Bulgaria, ethnically mixed regions and further work on the Hemus Motorway in Northern Bulgaria, Prime Minister Boyko Borissov said..
The expected budget surplus for the first six months of 2016 is 3.5% of the GDP, Finance Minister Vladislav Goranov said. "I can state that we will be far from the 2% deficit laid out in the consolidated fiscal program for this year. We expect a..
