The Bulgarian National Bank (BNB) in its economic analysis forecasts a significant raise in interest rates on loans and deposits. The biggest increase in interest rates is expected to be in the fourth quarter of this year and the first half of next year. The BNB experts' prognosis is based on the European Central Bank's tightening of monetary policy.
By the second half of 2023, the BNB expects interest rates on deposits and loans to stabilise at higher levels, in line with market forecasts for money market interest rate dynamics in the euro area.
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN),..
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