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It is unlikely that Bulgaria will adopt the euro by 2025

Higher inflation compared to the average values for the European Union and low growth rates - this is predicted by the macroeconomic forecast for Bulgaria until 2025 of the Institute for Economic Research of the Bulgarian Academy of Sciences ...

21.05.23 11:10 |

EC gives more optimistic economic forecast for Bulgaria

In its winter economic forecast, the European Commission gives a better economic outlook for Bulgaria than it did in its autumn report. Overall, real GDP is estimated to have increased by 3.9% in 2022, instead of the expected 3.1%. In 2023, real..

13.02.23 12:23 |

European Commission forecasts 12.8% inflation in Bulgaria in 2022

Inflation in Bulgaria will reach 12.8% in 2022, the European Commission’s autumn economic forecast shows. Inflation is forecasted to be 0.3% higher as compared to the Commission’s summer forecast.  In 2021, Bulgaria’s inflation was 2.8%.  The..

11.11.22 15:44 |

The EC has adjusted its expectations for growth of the Bulgarian economy

The European Commission has revised its expectations for economic growth in Bulgaria this year. Brussels' summer economic forecast, published on Wednesday, there are expectations for economic growth of 4.6% in 2021 and 4.1% next year. In its spring..

07.07.21 20:07 |

S&P affirms Bulgaria's BBB rating with a stable outlook

The international rating agency Standard & Poor's Global Ratings has confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency 'BBB/A-2'. This was announced by the Bulgarian Ministry of Finance.  The..

28.11.20 10:54 |

Bulgaria’s Ministry of Finance lifts 2018 economic forecast

According to the spring macroeconomic forecast of the Bulgarian Ministry of Finance, thе country’s economy will grow with 3.9%  in 2018 . Last year the Finance Ministry was forecasting that the Bulgarian economy will grow with 3.6% in 2018. The..

03.04.18 13:10 |

EC revises upwards forecast about Bulgaria’s economic growth

The European Commission revised upwards its forecast about the growth of the Bulgarian economy in 2017. The steady growth of the Bulgarian economy is supported by high domestic consumption, the EC notes. In its autumn economic forecast the EC points..

09.11.17 14:11 |

No change in EC financial forecast for Bulgaria

In its spring report the European Commission has not altered its forecasts regarding the growth rate of the Bulgarian economy for this and next year. The EC is still expecting that Bulgaria’s GDP will mark a 2.9 percent increase in 2017 and that..

11.05.17 13:59 |
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