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The euro is a guarantee of stability, says Minister of Economy Petar Dilov

The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..

published on 6/7/25 11:03 AM

IME: June 3 is the day when taxpayers start working for themselves

According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..

published on 6/3/25 1:47 PM

Economy Minister Dilov: Bulgaria’s accession to the euro area will have a positive impact on the economy, people and business

“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..

published on 5/26/25 12:02 PM
ABTTA Vice-President Dimitrina Goranova

Tour operators and travel agents expect summer season hikes of 10% or less

The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..

published on 5/21/25 1:33 PM

How will the adoption of the euro affect real estate prices in Bulgaria?

The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..

published on 5/21/25 11:35 AM

The wealth of Bulgarians reaches a historic high - study says

At the end of 2024, Bulgarians' wealth hit a record high of 1 trillion leva (€511.29 billion), which is five times higher than the gross domestic product.  According to a study by the Expert Club on Economics and Politics, reported by BNR's Natalia..

published on 5/20/25 2:16 PM
President Rumen Radev

Bulgarian President invites Japanese businesses to invest in Bulgaria at forum in Tokyo

Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO .  At the forum, Radev who is on..

published on 5/20/25 10:52 AM

Eurostat: Inflation in Bulgaria slows to 2.8%

According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..

published on 5/19/25 4:01 PM

Osaka calls for stronger economic ties between Bulgaria and Japan

'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..

published on 5/19/25 3:14 PM
Petar Ganev, Institute for Market Economics

IME expects Bulgaria to meet the price stability criterion for joining the euro area

Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..

published on 5/18/25 12:20 PM