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
The convergence report will show whether the country is ready to join the monetary union.
Bulgaria is likely to meet the eurozone inflation criterion in the first months of 2025
Since the publication of the Budget 2025 draft, Bulgaria’s acting Finance Minister, Lyudmila Petkova, has been heavily criticized by economists, financiers, and politicians
Bulgaria and Romania's full entry into the Schengen area on January 1, 2025, is expected to lead to a significant growth in exports
