Economy
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“A Difficult Question”: The 2026 Budget Will Be Crucial for Bulgaria’s Fiscal Future
Bulgaria is not automatically at risk of an excessive deficit procedure, but faces a real risk of entering a corrective procedure if it fails to adhere to the set expenditure trajectory
Ministry of Finance Refutes BBR: There Is Money for Municipalities and Energy-Efficiency Renovations
Funds for the Investment Program for Municipal Projects, as well as for the renovation of residential buildings (or so-called energy-efficient renovation), are earmarked and secured
The €1.4 billion returned by BDB could be used for pensions and salaries
The €1.4 billion returned to the state budget by the Bulgarian Development Bank (BDB) could be used for pensions, salaries, and investments
Eurostat has confirmed: Bulgaria has exceeded the permitted budget deficit for 2025
Bulgaria ended 2025 with a deficit well outside the European rules on fiscal discipline, which require it to be no more than 3% of gross domestic product (GDP)
The caretaker government withdraws €1.4 billion from the BBR’s “war chest”
Caretaker Prime Minister Andrey Gyurov announced plans to withdraw €1.4 billion from the Bulgarian Development Bank (BDB), characterizing the funds as “locked up” assets
NRIC lays the conceptual groundwork for three intermodal terminals in Bulgaria
Five candidates – three individual companies and two consortia – have expressed interest in preparing the analyses, conceptual designs, and plans for the three new intermodal terminals
Coface expects Bulgaria’s economic growth to slow
The ongoing crisis in the Middle East will affect Bulgaria’s economic growth this year, which will turn out to be lower than initially expected
Lukoil Neftohim’s logistics costs have skyrocketed tenfold
Logistics costs at the Lukoil refinery have increased by a factor of 10 compared to pre-crisis levels. This was stated by Acting Energy Minister Traicho Traikov
EUROFIMA has granted a loan to BDZ for the purchase of 91 used German railcars
The Swiss-based European Company for the Financing of Railroad Rolling Stock (EUROFIMA), in which BDZ Holding is a shareholder
Bulgaria added another €150 million to its debt
The Bulgarian National Bank held an auction to sell part of issue No. BG 20 301 26 119/28.01.2026 (five-year interest-bearing treasury bonds)