Economy / Public Finances

Inflation in Bulgaria is 0.3 – 0.4 points away from eurozone finish line

Bulgarian businesses expect more regulations, costs and inflation in 2025

The Bulgarian Ministry of Finance abandons the idea of additional tax for mining companies

The Bulgarian Ministry of Finance inflated budget revenues for 2025 by an incredible 10 billion euros

The Bulgarian Ministry of Finance is betting on an unprecedented annual growth in revenues and expenditures in Budget 2025

The Bulgarian Ministry of Finance is pledging 15 billion euros in new debt over 4 years

In the next four years, Bulgaria's public debt will increase by more than 15 billion euros. Accordingly, the interest on servicing this accumulating debt will also increase

Bulgaria’s statistical institute revises upwards results of summer economic growth

Slight improvement: Modest revenue growth shrinks the Bulgarian state budget gap

The Bulgarian budget deficit shrunk by almost 150 million euros in November, but it still remains high, according to the preliminary estimates of the Ministry of Finance

Bulgaria's trade deficit continues to grow

Bulgaria's trade deficit continues to expand and for the first nine months of 2024, it reached 3.5 billion euros, or 3.5% of the estimated gross domestic product

The most realistic date for Bulgaria’s entry into the Eurozone is 1 January 2026 – not earlier

The most realistic date for Bulgaria's accession to the Eurozone is January 1, 2026 - this is the conclusion that a number of financial institutions

Reforms and savings – the way to control the alarming budget deficit

Once a snowball gets rolling down a hill, there is no stopping it. This is a useful analogy for the situation with the growing expenses in the Bulgarian state budget