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 Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
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..
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