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BNB expects economic growth, investments in real estate continue

The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and..

26.02.24 10:44 |

The European Commission predicts slowdown in Bulgaria's economic growth

Economic growth in Bulgaria is expected to slow down in 2023 , according to the autumn economic forecast of the European Commission. After the good performance in 2022, exports will shrink this year due to reduced external demand. The imports for..

15.11.23 14:09 |

IMF raises the forecast for Bulgaria's economic growth in 2023

The International Monetary Fund (IMF) has raised the forecast for Bulgaria’s economy growth in 2023, according to the institution's autumn report. In 2023, the Bulgarian GDP will be 1.7%, which is 0.3 percent more in comparison to..

10.10.23 11:59 |

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 |

Forecasts for Bulgaria’s economic growth are slightly more optimistic

The European Bank for Reconstruction and Development has raised its forecasts for the economic growth of Bulgaria in 2023 and 2024 , as well as for the region of Southeast Europe. The growth of the Bulgarian economy is expected to be..

16.05.23 10:27 |

The new program to support Bulgarian businesses has been sent to Brussels for approval

Bulgaria's Ministry of Innovation and Growth has sent the new programme "Competitiveness and Innovations in Enterprises" 2021-2027 for approval by the European Commissio n, the ministry's press centre announced.  The programme has a budget of..

20.08.22 14:35 |

The current challenge: Economic growth in the face of political upheaval

The cost of the fall of the Bulgarian government in the short-term amounts to BGN 900 million  or almost EUR 460 million, says Latchezar Bogdanov, Chief Economist at the Institute for Market Economics. But if the political..

19.07.22 15:10 |

Social inequality in Bulgaria is growing

In 2020, 70,000 Bulgarians, or 1% of the population, owned 18.3% of the gross domestic product, which is equal to more than EUR 11.25 billion . In 2005, they owned 11.2% of the GDP, or EUR 2.4 billion. The wealth of the richest Bulgarians rose five..

27.05.22 11:35 |

Innovation Minister Lorer: The cabinet will aim to provide businesses with staff and innovation capital

A 5% annual growth is an absolutely achievable goal for the Bulgarian economy. Our neighbour Romania, the Czech Republic and Hungary have achieved more serious figures, Bulgaria's Minister of Innovation and Growth Daniel Lorer told BNR on the..

16.12.21 10:23 |

The World Bank expects higher economic growth in Bulgaria in 2021

The World Bank has raised its forecast for the development of the Bulgarian economy in 2021. Bulgaria's annual GDP is expected to grow by 3.7%. The previous forecast was for growth at the end of 2021 by 2.6%. But the bank emphasizes that the country's..

06.10.21 13:57 |
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