Petkova “patched up” the deficit with drastic cuts to the capital program
Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected
Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected
Bulgaria's gross external debt (private and public) continues to grow steadily, reaching €54.3 billion at the end of November 2025
Bulgaria saves €246.5 million under the Recovery Plan for the energy renovation of residential buildings. By decision of the Council of Ministers
The government granted an emergency working capital loan of €25 million to Bulgarian Post EAD to ensure the smooth introduction of the single European currency
The Ministry of Finance is starting the year as it spent half of the previous one – by issuing 300 million loans (in levs). On Tuesday, the Bulgarian National Bank (BNB)
Bulgaria ends November with an economy that generates significant tax revenues, but also with a budget that’s under strong pressure from social commitments and investment needs
The European Commission (EC) has transferred the third payment under Bulgaria’s National Recovery and Resilience Plan (NRRP)
One opportunity for the development of the second and third pensions we receive from pension insurance companies is the introduction of a multi-fund system in Bulgaria
Lending activity in Bulgaria remains high, which in the short term is positive for banks' profitability, but in the long term creates a risk to their balance sheets
There is nothing unusual about the country entering a new year without an approved budget – the law explicitly allows for such a situation