Annual inflation in Bulgaria slowed to 3.5% in April, according to data from the National Statistical Institute (NSI) published on Thursday
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
The strong investor interest and confidence has allowed a significant reduction in the cost of financing
A survey by Economic.bg aimed to define the concerns over the introduction of the single European currency
These financial institutions will manage the country's future medium-term note emissions
The news was announced by Prime Minister Zhelyazkov during a joint briefing with EU Council President Antonio Costa
This is despite BNB's forecasted higher average annual inflation for 2025
The main reason for the adjustment is the incoming data on the strong economic activity in the country.
Bulgaria's GDP will expand by 2.5% this year
It has been statistically and scientifically shown that none of the countries that adopted the euro have experienced initial inflation spikes by more than half a percent.
