Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025, the Ministry of Finance said in connection with media publications related to the topic. The country's preparations and progress towards Eurozone membership were discussed at the meetings of Finance Minister Rositsa Velkova with Eurogroup President Paschal Donohue and European Commissioner Valdis Dombrovskis on April 28 and 29 in Stockholm. They also discussed the country’s budget deficit and ways to curb inflation.
The topic of postponing the introduction of the euro in Bulgaria after 1 January 2025 was not raised, the Finance Ministry noted. The Ministry of Finance considers unacceptable the dissemination of fake news and contradictory messages in the media.
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price..
Clear
Partly Cloudy