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NSI: Household expenses up 13%; incomes up 15% in last quarter

In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..

published on 5/16/25 2:28 PM

Germany, Romania and Italy are Bulgaria's main trading partners in the EU

Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..

published on 5/13/25 2:10 PM

Postponing the free electricity market for household consumers and how it will affect Bulgarians

The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..

published on 5/12/25 11:03 AM

Preparations for the introduction of the euro in the non-banking financial sector are at an advanced stage

The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..

published on 5/11/25 12:25 PM

Hope or fear: How Bulgarians view the introduction of the euro

The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..

published on 5/7/25 1:26 PM
Bulgarian National Bank

For another month, Bulgarian National Bank lowers the key interest rate in the country

The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..

published on 5/1/25 11:50 AM
Economy Minister Petar Dilov in parliament.

Bulgaria expects negative spillover effect from US tariffs

An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...

published on 4/29/25 4:23 PM

Bulgaria sells EUR 4 billion in bonds

Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..

published on 4/29/25 9:04 AM
Bulgargaz CEO Veselin Sinabov

Natural gas prices to fall by 14% in May, says Bulgargaz CEO

Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..

published on 4/28/25 3:58 PM

BNB forecasts higher economic growth in Bulgaria in 2025

The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..

published on 4/25/25 9:47 AM