An old saying goes that some things are better late than never. This was the case in the last three years when it came to compiling the Bulgarian government budget
Inflation in Bulgaria continues to inch closer towards the permissible limits for Eurozone admission. At the end of September, the country’s indicator was only 1 percentage
Inflation in Bulgaria will hover above 2% over the next two years, supported by wage and credit growth, and consumption will remain the engine of the economy
Yet another big bank in Bulgaria – UBB - expects that the country will only meet the inflation criterion for the Eurozone next year
Bulgaria's budget deficit reached 1.4 billion euros at the end of September after the financial "hole" grew by another 600 million euros last month
The Bulgarian National Statistical Institute (NSI) reported a slight increase of 0.1 points in the growth of the country’s gross domestic product for the second quarter
The German economy is strongly focused on exports. In 2023, the most important export markets for Germany shrank by 0.1%. In 2024
Bulgarian GDP growth accelerated slightly to 2% in the second quarter of the year, compared to the same period of 2023.
Bulgaria does not meet the inflation criterion and is not ready to join the Eurozone from January 1, 2025. This was expectedly stated by the European Central Bank
In 2024, the Bulgarian budget will supplement the pension system with over 5 billion euros and so it may be necessary to take on new debt
