Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA.
The economy, in general, continues to grow at a solid pace compared to the rest of the EU, said Odile Renaud-Basso, recalling the bank's forecast for Bulgaria’s GDP growth of 2.4% in 2025. The EBRD President also highlighted the vulnerabilities stemming from changes in the global environment, including trade tensions.
Odile Renaud-Basso discussed with President Rumen Radev the promotion of investments and the expansion of transport and energy connectivity. She is visiting Sofia in the context of the preparation of the EBRD’s new five-year strategy for the country.
The European Bank for Reconstruction and Development has more than doubled its investments in Bulgaria in 2024 to EUR 272 million.
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..
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..
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..
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad..
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