Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook, posted to the website of the BNB.
In 2024, the BNB expects Bulgaria’s real GDP growth to be 2.3%, 0.1 percentage points up compared to the BNB’s previous forecast from November. The growth rate of the real GDP is expected to accelerate to 2.5% in 2025, which is a decrease of 0.2 percentage points. For 2026, the forecast for GDP growth is up to 3%.
The inflation in Bulgaria at the end of 2024 stands at 2.1%, the average annual inflation rate is 3.3%. In 2025 it is expected to increase to 3.5%.
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
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Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have..
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