The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024, primarily due to falling global food and energy prices.
However, high wage growth is an obstacle to a faster reduction in inflation, the OECD notes. The ongoing political uncertainty puts the country's planned reforms and investments at risk, OECD further said. Difficulties and delays in implementing the reforms necessary to access EU funds risk reducing the amount of EU funding and additional investment, warns OECD.
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
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