The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier, reaching the highest level in 12 months (since January 2024, when it rose by 3.9%).
After the data was released, Democratic Bulgaria MP Martin Dimitrov said at a briefing with journalists that Bulgaria has "huge chances" to join the eurozone, "unless the government plays a double game and sabotages itself". He called on the government to request an extraordinary convergence report from the European Commission and to launch an informational campaign on the euro in response to the disinformation in society regarding the introduction of the single currency in Bulgaria.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for..
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