The budget deficit grew at an increasingly rapid pace, reaching BGN 4.3 billion at the end of July. This is equal to 2% of the expected size of the economy in 2025
For the time being, small and medium-sized Bulgarian companies trading in other EU countries will not be able to benefit from the VAT relief
Commercial banks have come to the aid of Finance Minister Temenuzhka Petkova in her attempt to “patch up” the growing budget deficit
The Bulgarian Development Bank (BDB) undoubtedly plays an important role in Finance Minister Temenuzhka Petkova's plans to keep the deficit within the 3% limit
The problem with the 2025 state budget and the significant revenue shortfall in the middle of the year is not so much the delay as the poor planning
The Ministry of Finance (MF) is ready to discuss specific proposals and measures to promote electric mobility in Bulgaria. This was stated by Finance Minister Temenuzhka Petkova
The European Union's economic and finance ministers (ECOFIN) unanimously approved the introduction of the euro in Bulgaria on January 1, 2026
The Eurogroup approves Bulgaria's accession to the eurozone on January 1, 2026. Today's recommendation by the eurozone finance ministers is key
In Bulgarian society, there is a balance between optimistic and pessimistic attitudes toward the introduction of the euro in the country
Finance Minister Temenuzhka Petkova cited the law to explain why the ministry has not yet published preliminary information on budget implementation for May
The budget deficit at the end of April was BGN 1.9 billion, or 0.9% of the forecast gross domestic product (GDP), according to preliminary data from the Ministry of Finance
