Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook, posted to the website of the BNB.
In 2024, the BNB expects Bulgaria’s real GDP growth to be 2.3%, 0.1 percentage points up compared to the BNB’s previous forecast from November. The growth rate of the real GDP is expected to accelerate to 2.5% in 2025, which is a decrease of 0.2 percentage points. For 2026, the forecast for GDP growth is up to 3%.
The inflation in Bulgaria at the end of 2024 stands at 2.1%, the average annual inflation rate is 3.3%. In 2025 it is expected to increase to 3.5%.
Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..
Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use...
Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in Sofia between Deputy Minister of Agriculture and Food Lozana Vasileva and Wan Lejun, Chief Animal..
The annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual..
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about..
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