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Minister of Economy: Inflation in Bulgaria decreased to below 5%

Bulgaria expects a positive growth of the economy and of investments in 2024. GDP growth will exceed that of 2023, which is around 1.8%, and we expect it to approach 3%, Economy Minister Bogdan Bogdanov predicted in an interview for the Bulgarian..

24.01.24 16:33 |
8% of Bulgaria’s exports for the EU are by sir and water, the remaining 92% are by land mostly by road

Businesses are not happy with Bulgaria’s accession to the Schengen area by air and water only

The European Commission decision on Bulgaria and Romania’s accession to Schengen by air and by sea at the end of March 2024 triggered some harsh reactions in this country.  President Rumen Radev stated that we are entering 2024 with mixed..

12.01.24 11:28 |

IMF: Bulgaria should bring inflation to levels that meet the requirements for adopting the euro

I hope that the authorities in Bulgaria will manage to bring inflation in the country to levels that meet the requirements for adopting the euro, the Executive Director of the International Monetary Fund for Bulgaria, Paul Hilbers, said for BNT...

10.12.23 10:48 |
PM Denkov, European Parliament, Strasbourg, 22 November, 2023

PM Denkov in Strasbourg: Bulgaria is subject to targeted hybrid attacks by Russia

“In its most modern history, Bulgaria has been the target of attempts at domination – some of them successful, on the part of the Russian empire. Unfortunately, these Great Russian appetites continue in our day too, and our country is subject to..

22.11.23 13:20 |
Kornelia Ninova

Bulgarian Socialist Party gives Bulgaria's government a bad grade

The government has not achieved progress on any of its key priorities and gets a poor 2 mark, Bulgarian Socialist Party leader Kornelia Ninova said in an interview with the Bulgarian National Radio. "As regards Schengen - we will not be accepted..

19.11.23 17:19 |
President Rumen Radev (left), PM Nikolay Denkov, Foreign Minister Mariya Gabriel

Bulgaria's Prime Minister, President call for consensus in country's foreign policy

Bulgaria should be an active member of the EU and NATO, setting the direction in them. Entry into Schengen and the Eurozone, membership in the Organization for Economic Cooperation and Development , are the priorities for Bulgarian diplomacy outlined by..

29.09.23 12:19 |
Bulgaria's Minister of Finance Assen Vassilev

Business suffers severe damage from Bulgaria's delayed membership in the Eurozone and Schengen

''The loss from Bulgaria's delayed membership in the Eurozone and Schengen is between 4% and 5% of the country's GDP'', Bulgaria’s Minister of Finance Assen Vassilev said in an interview for Nova TV. ''The business loses between EUR 250 million and..

25.09.23 10:43 |
Bulgaria’s Premier Nikolay Denkov

Premier Denkov answers questions from citizens and the media live on Facebook

"It is high time we realised that the fears that are deliberately instilled against the euro are to a large extent unfounded", Bulgaria’s Premier Nikolay Denkov said in response to questions from citizens and the media during a live broadcast on the..

07.08.23 12:03 |

Two-thirds of people in Sofia say inflation and prices are the most important problem: Survey

Vassil Terziev, candidate for mayor of Sofia nominated by PP/DB and Save Sofia would win 33.4% of the votes if the local election was this week , Georgi Georgiev (GERB/SDS) – 22.7%, Deyan Nikolov (Vazrazhdane) – 12%, Vanya Grigorova (Bulgarian..

28.07.23 15:57 |

It is unlikely that Bulgaria will adopt the euro by 2025

Higher inflation compared to the average values for the European Union and low growth rates - this is predicted by the macroeconomic forecast for Bulgaria until 2025 of the Institute for Economic Research of the Bulgarian Academy of Sciences ...

21.05.23 11:10 |
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