Bulgarian government approves the request for convergence reports for the euro area
The Zhelyazkov cabinet adopted the decision during its meeting on Monday.
The Zhelyazkov cabinet adopted the decision during its meeting on Monday.
Only the cost of clothing and shoes went down
The reason for the postponement of the 2025 Bulgarian budget is the preparation of the structural fiscal plan for 2025-2028. This is what Finance Minister Temenuzhka Petkova
In recent weeks, there has been renewed talk about the fate of people's bank savings after Bulgaria enters the eurozone.
There is potential for increasing budget revenues. This can be done by putting the spotlight on the shadow economy in Bulgaria
Bulgaria’s 2025 public budget will have to cover payments of 2 billion euros that were postponed in 2024. These are delayed expenses for which invoices
The 2025 budget will have a deficit of up to 3% and expenditures of up to 40% of GDP. This was assured at a briefing by Prime Minister Rosen Zhelyazkov
This is contrary to the concerns surrounding the huge planned expenditures in the 2025 Budget
The country will submit a request for an extraordinary convergence report on its readiness to adopt the euro as soon as possible
The prediction was made in the Bulgarian National Bank's quarterly Macroeconomic Forecast