Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.
"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same period in 2024, according to data from the Unified Tourist Information System (ESTI). The municipal..
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to..
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