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IMF: Bulgaria should bring inflation to levels that meet the requirements for adopting the euro

I hope that the authorities in Bulgaria will manage to bring inflation in the country to levels that meet the requirements for adopting the euro, the Executive Director of the International Monetary Fund for Bulgaria, Paul Hilbers, said for BNT...

10.12.23 10:48 |

Rise of inflation continues to outpace income growth

Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..

22.08.22 12:59 |

Finance Ministry forecasts lower budget deficit for 2020 than planned

The budget deficit for 2020 is expected to amount to BGN 3.6 billion (EUR 1.84 billion) instead of the BGN 5.2 billion (EUR 2.65 billion) recorded in the law. Bulgaria's Finance Ministry forecasts that the deficit will be 3% of the expected GDP. The..

05.01.21 09:42 |

Covid-19 in Bulgaria: Day 300

PM Borissov: Let us make 2021 a year of recovery and a new beginning “We are sending off a year of trials – unparalleled in impact and scale… Yet, I have always said that Bulgarians demonstrate their strength best in the worst of..

01.01.21 17:24 |
Bulgaria's Ministry of Finance building

Bulgaria’s cabinet adopts 2020-2030 Convergence Programme

The Bulgarian cabinet adopted the 2020-2030 Convergence Programme. The document is prepared annually in correspondence with the rules of the EU Stability and Growth Pact and the schedule of the so-called European Semester. The usual format of the..

29.04.20 14:20 |
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